CenterPoint Properties has preleased more than 320,000 square feet of new industrial space under construction in Linden, securing a deal with a locally based third-party logistics firm.
Speaking at IOREBA’s annual Developers Night, a panel of industry leaders offered both optimism and assuredness, but also frustration about a market that is still fundamentally strong in many respects but grinding along in the face of economic headwinds.
American Equity Partners has sold a nearly 121,000-square-foot office building in Warren, following its 2016 purchase and subsequent upgrade of the property off Interstate 78.
The owner of the nearly 1,200-unit apartment complex known as The Beacon in Jersey City has snagged more than $257 million in financing, brokers with Cushman & Wakefield announced.
Pharmaceutical giant Sanofi is moving its New Jersey team to Morristown, where it will occupy 260,000 square feet of new ground-up office space built by SJP Properties and Scotto Properties.
Adoni Property Group has acquired a nearly 217,000-square-foot office complex in Somerset County, with plans to add amenities to help lure new tenants to the property.
A buyer has paid $5.2 million for a Livingston property with more than 27,000 square feet of retail and office space, brokers with Cushman & Wakefield announced.
Real estate investment firm Faropoint will have a new home in Hoboken after leasing nearly 19,000 square feet at the Waterfront Corporate Center complex.
An accounting firm has extended its nearly 31,000-square-foot lease in Woodbridge, in one of several newly announced deals in Opal Holdings’ six-building office portfolio in the region.
