The new owner of a Morris Plains office building has kicked off its plans to renovate and draw new tenants to the 89,000-square-foot property, brokers with Cushman & Wakefield said.
The new owners of shopping centers in South Brunswick and Paramus have tapped Cushman & Wakefield as their property managers at the complexes, the real estate services firm said.
Industrial leasing in New Jersey saw a sizable uptick in the first quarter, thanks in large part to new construction and continued demand from e-commerce and logistics users.
Rockefeller Group and a joint venture partner, PCCP LLC, have sold two newly completed buildings in a planned 2.1 million-square-foot logistics park in Piscataway, including a 725,000-square-foot distribution center for Best Buy.
A joint venture has added to its portfolio of light industrial buildings with the acquisition of a three-building, 400,000-square-foot industrial complex in Mahwah.
An importer and distributor of cabinetry has leased 111,000 square feet at a new industrial building in Ridgefield, in one of several newly announced transactions by Lee & Associates.
An Elmwood Park shopping center is now fully leased after recent deals with a fitness operator and a national burger chain, brokers with Cushman & Wakefield said Tuesday.
A newly developed, 24-unit apartment property in Cedar Grove has hit the market for sale, brokers with Cushman & Wakefield announced Wednesday.
NAIOP New Jersey has announced the finalists for its coveted Deal of the Year awards, highlighting six of the state’s most impactful projects and transactions of 2018.