An investment group has refinanced a six-building industrial portfolio in Bergen and Union counties for $66 million, in a newly completed transaction by Cushman & Wakefield.
SJP Properties and Scotto Properties have broken ground on the first of two office and retail buildings in Morristown, the future home of Deloitte LLP, in a project that will transform another piece of the town’s bustling central business district.
Lee & Associates New Jersey has found a new home in Elmwood Park, as the broker-owned real estate services firm eyes continued growth in the Garden State.
Onyx Equities and Garrison Investment Group have kicked off a multimillion-dollar renovation of a 363,000-square-foot office building in Paramus, according to Cushman & Wakefield.
A pharmaceutical company has leased more than 50,000 square feet of office space in Ewing, under a newly announced transaction by Lee & Associates New Jersey.
A design and construction firm has broken ground on a new industrial project in Piscataway, the future home of a locally based transportation and logistics company.
A growing number of New York City-based firms have considered short-term office space in the suburbs, in an effort to reduce density, keep employees closer to home and reduce their reliance on mass transit. The movement has provided landlords and brokers with a chance to showcase New Jersey’s growing stock of revamped and rejuvenated office buildings.
A retail distributor has leased nearly 80,000 square feet of industrial space in Hamilton, in the largest of four newly announced transactions by Chilmark Real Estate Services.
The KABR Group and Kushner Cos. have sold a nearly 270,000-square-foot office building in Ridgefield Park, in a newly completed transaction by Cushman & Wakefield.