The United Way of Northern New Jersey hosted its annual fundraiser with the commercial real estate industry, which featured an interview with media icon Steve Forbes and the presentation of its Impact Award to one of the state’s most high-profile office deals of 2019.
Princeton office building owner lands $20 million refi, C&W says
The owner of a Princeton-area office building is refinancing the property for nearly $20 million, under a transaction arranged by brokers with Cushman & Wakefield.
Developers weigh new lab, research projects as New Jersey market continues to tighten
After decades of consolidation by Big Pharma, demand for modern lab and diagnostic space in New Jersey is on the rise, fueling rent growth and pushing some developers to consider new laboratory projects.
C&W inks sale of Woodbridge redevelopment site to Russo, Onyx
Russo Development and Onyx Equities have closed on a 21-acre parcel in Woodbridge, clearing the way for a project that will add 376 apartments and new retail space to the township.
Avison Young: Tax service firm relocating, leasing 4,300 sq. ft. in Florham Park
A tax service firm is taking more than 4,000 square feet at a Florham Park office campus, under a newly completed transaction by Avison Young.
Crow Holdings inks $164 million sale of new 925,000 sq. ft. warehouse in Franklin
An investment team led by Crow Holdings Industrial has sold a newly built, 925,000-square-foot warehouse in Franklin Township for $164 million.
C&W touts 38,000 sq. ft. in leasing at Jersey City office tower
Three tenants have leased a combined 38,441 square feet at a newly updated, 30-story office tower in Jersey City, brokers with Cushman & Wakefield announced last week.
Game publisher takes 103,000 sq. ft. in Mount Olive sublease
A game publisher and manufacturer has subleased more than 100,000 square feet at a Mount Olive industrial building, in a newly completed transaction by Cushman & Wakefield.
First tenant commits to new Morris Plains flex building, Resource Realty says
The developer of a new flex commercial building in Morris Plains has secured its first tenant, inking a 20,000-square-foot lease with a logistics provider for the life sciences industry.
Brokers, architects focus on workplace safety as office workers return post-COVID
Brokers, architects and other commercial real estate professionals are now advising office landlords and tenants on the process of returning to the workplace, outlining strategies such as de-densification, ramped up cleaning and sanitizing and communication to help keep workers informed and ensure social distancing.
