A joint venture has acquired a nearly 41,000-square-foot medical office building and an adjacent parking garage in downtown Montclair for $17.9 million, in a deal arranged by CBRE.
An insurance firm has taken nearly 34,000 square feet of office space in Jersey City’s Newport district, in the largest of five newly announced leases in the area by brokers with CBRE.
Nearly a dozen transactions and projects will take center stage next week as contenders for NAIOP New Jersey’s Deal of the Year awards, as the organization prepares for what’s poised to be another sellout for its annual Commercial Real Estate Awards Gala.
Nearly a dozen transactions and projects will take center stage next week as contenders for NAIOP New Jersey’s Deal of the Year awards, as the organization prepares for what’s poised to be another sellout for its annual Commercial Real Estate Awards Gala.
Lincoln Equities Group has taken the wraps off nearly 500,000 square feet of modern industrial space in Morris County as part of a new two-building project near Route 10.
Rockefeller Group is expanding to Central Pennsylvania with more than 2 million square feet of new industrial space to be built by its regional development team based in Morristown.
Tishman Speyer has acquired 200 apartments in downtown Montclair for more than $96 million, adding a building that opened in 2021 as part of a high-profile redevelopment project.
The rate of available office space in New Jersey ticked upward in the first quarter, thanks to several large blocks hitting the market and what brokerage firms say was modest leasing activity.
