The state’s industrial market saw a spike in renewal activity this summer, amid the ongoing lack of new supply and the unrelenting demand from tenants.
A hair care and tool manufacturer has acquired a 58,000-square-foot warehouse in Pennsauken, under a newly announced transaction by Colliers International.
A private investor has acquired a five-building, 130,435-square-foot industrial portfolio in Pennsauken, brokers with Colliers International announced Monday.
A biotechnology firm is set to become the first new tenant at the former Bristol-Myers Squibb campus in Plainsboro, where it will lease more than 90,000 square feet for its new U.S. headquarters and research lab.
A two-building, 120,000-square-foot flex portfolio in Hamilton has changed hands for $19.5 million, under a transaction arranged by Colliers International.
A boutique multitenant office building in Parsippany is under new ownership, following a $3.5 million sale arranged by brokers with Colliers International.
Landlords and developers are still reaping the rewards of New Jersey’s tight industrial market, where rents continue to rise well above average asking rates.
A building and construction products distributor has extended its 112,000-square-foot lease in North Brunswick, brokers with Colliers International announced Monday.
