Demand for high-end office space in New Jersey is going strong, providing added momentum as developers continue to raze obsolete buildings to make way for higher and better uses.
Blue-chip tenants are coming back to New Jersey’s industrial market, boosting lease activity to start the year as occupiers search for higher-end warehouse and logistics space.
Trammell Crow Co. has filled some 536,000 square feet at a new industrial park in Sayreville, securing leases with a Chinese logistics firm and a maker of massage and wellness products.
Cushman & Wakefield has welcomed brokers Nick Hilton and Brendan McBride, adding two industry veterans to the global portfolio solutions team based in its New Jersey office.
Two companies are moving to the new-look Harborside campus in Jersey City, combining for nearly 11,000 square feet in leasing activity with landlord 601W Cos.
Kurv Industrial has expanded its holdings in the Meadowlands with its purchase of a four-building portfolio comprising more than 256,000 square feet of warehouse space.
Accordia has completed a series of medical office leases in New Jersey, touting strong demand from health care users seeking space in top-tier buildings.
Nuveen Real Estate has filled more than 49,000 square feet after securing three new tenants at a renovated office campus outside Princeton, brokers with Cushman & Wakefield announced.
