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.
Demand for industrial space remains healthy in New Jersey, even as owners and occupiers take a more cautious approach that could impact new construction in the months ahead.
Prologis Inc. has brought a new tenant to a Secaucus industrial building, securing a 115,000-square-foot lease with a third-party warehousing and logistics firm.
A plastic surgery practice is slated to open a new facility in East Hanover after its recent purchase of an 11,000-square-foot retail building in the township.
Veris Residential Inc. has completed its high-profile, $420 million sale of Harborside buildings 1, 2 and 3 in Jersey City, the real estate investment trust said Wednesday.
Pharmaceutical giant Sanofi is moving its New Jersey team to Morristown, where it will occupy 260,000 square feet of new ground-up office space built by SJP Properties and Scotto Properties.
Seven new eateries and retailers are coming to the sprawling Harmon Meadow complex in Secaucus, in a series of newly announced deals by RIPCO Real Estate.
Rockefeller Group has sold a newly built distribution center in Burlington County for $83 million, securing a buyer that will occupy the nearly 346,000-square-foot building.