Industrial leasing, pricing starts strong in 2022 amid ongoing supply constraints in New Jersey

Rents for warehouse and logistics space continue to climb across much of New Jersey, where landlords saw a first-quarter uptick in leasing activity after a momentary lull in late 2021.

Colliers inks sale of 60,000 sq. ft. Pennsauken industrial building

SNS Real Estate Investment Group LLC has purchased a fully occupied, 60,000-square-foot industrial building in Pennsauken.

Keystone, Summit Health sign 71,000 sq. ft. office lease in Fair Lawn

Summit Health has leased more than 70,000 square feet for a new medical hub in Bergen County, taking space at a renovated building owned by Keystone Development + Investment.

Colliers: Health, wellness ingredients maker expands to 17,000 sq. ft. in Morristown

A health and wellness company has extended and expanded its lease at Morristown’s Headquarters Plaza, where brokers say it will now occupy nearly 17,000 square feet.

Duke Realty kicks off 217,000 sq. ft. spec warehouse in Piscataway

Duke Realty Corp. has broken ground on nearly 220,000 square feet of speculative industrial space in Piscataway, as it adds to its footprint in the fast-growing submarket.

Co-warehousing firm takes 165,000 sq. ft. in Saddle Brook, its largest location to date

A provider of shared warehouse and office space has taken nearly 165,000 square feet in Saddle Brook, marking its largest location to date in a portfolio of more than two dozen sites.

Colliers inks 190,000 sq. ft. at Cherry Hill industrial, flex park in 2021

Colliers is touting 190,000 square feet in leasing activity last year at the Cherry Hill Business Park, a roughly 616,000-square-foot complex in the township.

Thomas Park buys Princeton multispecialty medical office building

Colliers has negotiated the sale of a 30,000-square-foot medical office property in Princeton in partnership with Commercial Property Network Inc.

Garibaldi: Law firm takes 6,000 sq. ft. at KRE-owned building in Chatham

A law firm is moving to downtown Chatham after inking a nearly 6,000-square-foot lease with Kushner Real Estate Group, in a newly announced transaction by The Garibaldi Group.

Dermatology, orthopedic groups sign leases at Plainsboro medical arts complex

Colliers has secured two leases totaling more than 9,000 square feet at Penn Medicine Princeton Medical Center’s Medical Arts Pavilion in Plainsboro.