Office
Landlord taps C&W for Bridgewater office building, eyeing new life sciences users

The owner of a 210,000-square-foot office building in Bridgewater is making a push to attract life sciences companies, having already secured one such lease in recent months.

Professional Services
Cushman names new co-heads of New Jersey multifamily team, add three veteran brokers

Cushman & Wakefield has fortified its team of multifamily investment sales brokers in New Jersey with the appointment of new co-leaders and the addition of three industry veterans.

Industrial
Dalfen buys new 110,000 sq. ft. warehouse in Somerset, in firm’s first Central Jersey deal

Investment firm Dalfen Industrial has expanded to central New Jersey with its purchase of a nearly 100,000-square-foot warehouse in Franklin’s Somerset section.

Industrial
Industrial vacancy drifts upward in New Jersey amid new construction, ‘normalized’ demand

Vacancy in New Jersey’s booming industrial market has ticked upward, thanks to a flurry of new construction and a return to what experts describe as normalized demand levels.

Industrial
Goodman launches leasing for planned 100,000 sq. ft. industrial building in Carlstadt

Construction is set to begin on a 100,000-square-foot industrial building in Carlstadt, in a project that will bring modern logistics space to the aging Meadowlands submarket.

Office
Brennan rejoins Cushman as managing director in New Jersey

Industry veteran Kim Brennan has returned to Cushman & Wakefield, where she will focus on business development in the office and corporate real estate sectors.

Residential & Mixed Use
C&W: Pomeranc Group buys 465-unit Wayne rental property, inks $98 million acquisition loan

The Pomeranc Group has acquired a 465-unit apartment complex in Wayne, having also secured nearly $98 million in Fannie Mae financing for the deal.

Industrial
Dermody buys Gloucester development site for 214,000 sq. ft. industrial project, C&W says

Dermody Properties has acquired a Gloucester County development site with approvals in place to build more than 214,000 square feet of new industrial space.

Features
McGuinness reflects on 26 years at NAIOP, as industry leaders praise outgoing CEO

In an interview, outgoing NAIOP New Jersey CEO Michael McGuinness reflected on a tenure that’s been marked by service, stability and impressive membership growth, as chapter leaders touted a record of persistent yet professional advocacy that has earned the respect of both industry executives and government officials throughout the state.

Features
High praise: NAIOP leaders pay tribute to outgoing CEO McGuinness

We asked commercial real estate industry leaders for their thoughts on NAIOP New Jersey CEO Michael McGuinness, who is retiring next month after more than 25 years in the role.