Technology
It’s complicated: Power, infrastructure constraints loom large as NAIOP panel weighs data center growth in New Jersey

The data center landscape in the U.S., particularly in New Jersey, is experiencing significant growth driven by the evolution of technologies such as artificial intelligence and cloud computing. Yet there is still a good deal of uncertainty around how to meet this growing need.

Finance & Capital Markets
C&W: Lincoln Equities, PCCP refi new 333,000 sq. ft. warehouse in Bayonne for $126 million

Lincoln Equities Group and PCCP LLC have secured more than $126 million to refinance nearly 333,000 square feet of newly built industrial space in Bayonne.

Industrial
Altman JV acquires Hamilton tract slated for 171,000 sq. ft. warehouse

Development firm Altman has lined up its second New Jersey project in less than a month, acquiring a parcel in Hamilton that’s slated for nearly 171,000 square feet of new logistics space.

Industrial
M&M unveils two-building, 360,000 sq. ft. warehouse project in Piscataway, C&W says

M&M Realty Partners has delivered nearly 360,000 square feet of new industrial space in Piscataway that it’s now marketing alongside brokers with Cushman & Wakefield.

Industrial
CRG, PCCP to develop 576,000 sq. ft. industrial park near Phillipsburg

A joint venture has unveiled plans for nearly 576,000 square feet of new industrial space in Warren County as part of a two-building project near Interstate 78.

Office
Signature acquires renovated 207,000 sq. ft. office building in Warren, C&W says

Signature Acquisitions has added to its New Jersey office holdings with its purchase of a more than 207,000-square-foot property in Warren, in a deal arranged by Cushman & Wakefield.

Industrial
Altman-led group buys defunct office site in Parsippany, plans 140,000 sq. ft. warehouse

A joint venture is planning some 140,000 square feet of new logistics space in Parsippany after acquiring an aging office building just south of Interstate 80.

Industrial
Goodman delivers new 100,000 sq. ft. warehouse in Carlstadt

Goodman North America has completed a new 100,000-square-foot warehouse development in the heart of the Meadowlands, marking a new addition to its northern New Jersey portfolio.

Office
CBRE: Health, wellness products maker inks 42,000 sq. ft. office lease in Pearl River

A maker of health and wellness products has taken more than 42,000 square feet at a well-known office building in New York’s Rockland County, in a newly announced lease by CBRE.

Office
ABS Management, Aerotek ink 18,000 sq. ft. lease at Parsippany office campus, JLL says

ABS Management has secured a new tenant at a refreshed office building in Parsippany, inking a lease for more than 18,000 square feet with a publicly traded staffing company.