Devli Real Estate has completed its acquisition of three neighboring industrial properties in Carlstadt, assembling four acres in the Meadowlands as it continues to build its portfolio.
Denholtz Properties has secured a tenant for a soon-to-be-renovated office building in downtown Red Bank, leasing nearly 21,000 square feet to UBS Financial Services Inc.
Commercial real estate leaders turned out Thursday for NAIOP New Jersey’s annual gala, where the chapter honored five key figures and unveiled its coveted Deal of the Year winners.
A pharmaceutical ingredients firm has leased nearly 28,000 square feet in Montville that will serve as both a new corporate office and distribution facility, brokers with CBRE said.
Faropoint has acquired a 119,000-square-foot light industrial building in Gloucester County for more than $13 million, brokers with CBRE announced Wednesday.
Mondelēz International Inc. has opened a new $50 million research and development facility in Morris County, where it will look to enhance production, processing and packaging for popular snacks such as Oreos and Ritz crackers.
Third-party logistics firms are leading the way among tenants seeking big-box industrial space, accounting for more leasing activity than any other occupier type in New Jersey and nationally.
