Residential & Mixed Use
Fort Lee apartment high-rise sells for $52 million

An investment firm has acquired a 128-unit apartment tower in Fort Lee for nearly $52 million, brokers with Cushman & Wakefield announced Tuesday.

Industrial
Seven-building, 45,000 sq. ft. Hackensack industrial portfolio sells for $7.3 million

Brentwood Realty has sold a nearly 45,000-square-foot industrial portfolio in Hackensack for $7.3 million, in a newly announced transaction by Cushman & Wakefield.

Office
Single-tenant, 30,000 sq. ft. East Brunswick office building trades for $7.5 million

Cushman & Wakefield has negotiated the sale of a 30,000-square-foot office property in East Brunswick for $7.5 million.

Office
Columbia debuts newly upgraded lobby, entrance at 680,000 sq. ft. Jersey City office tower

Columbia Property Trust Inc. has completed its renovation of a 19-story, 680,000-square-foot office building in Jersey City’s busy Grove Street neighborhood.

Industrial
Construction underway at 1.2 million sq. ft. Crow Holdings industrial park in Carteret

A new three-building, 1.2 million-square-foot logistics park is quickly taking shape in Carteret, helping to revitalize a site that had been plagued by decades of contamination.

Industrial
C&W: Penwood, Metrix sell 171,000 sq. ft. Hamilton warehouse after redevelopment

A joint venture has sold more than 170,000 square feet of newly built industrial space along Route 130 in Hamilton, brokers with Cushman & Wakefield announced Tuesday.

Retail
Goodwill eyes five new locations in N.J., N.Y. amid growing demand for sustainable fashion

Goodwill Industries of Greater New York and Northern New Jersey Inc. will open up to five new retail locations in the region to meet the continued demand for its services and the growing resale fashion market, the organization announced Monday.

Office
PTC Therapeutics takes 360,000 sq. ft. at Warren office campus in lease with Rubenstein, Vision

PTC Therapeutics has leased 360,000 square feet for a new corporate headquarters in Warren, in a deal that marks one of New Jersey’s largest office leases of the past decade.

Industrial
Penwood fund buys 276,000 sq. ft. Bordentown industrial building for $60 million

An investment manager has acquired a nearly 280,000-square-foot industrial building in Bordentown for $60 million, in a newly announced transaction by Cushman & Wakefield.

Sponsored Content
What’s in store for New Jersey’s commercial real estate market in 2022?

Over the course of the pandemic, commercial real estate has experienced notable highs and lows. The current market has rebounded vigorously and now exceeds pre-pandemic levels. To learn what’s in store in 2022, we sat down with Cushman & Wakefield’s powerhouse New Jersey Capital Markets team. Founded by Andy Merin in 1987, the team has been involved in more than $34 billion in property sales throughout its tenure.