Logistics firms are helping to keep a lid on rising industrial vacancy in New Jersey, providing modest relief as landlords deal with excess construction and growing sublease options.
CenterPoint Properties has acquired two industrial buildings in the Avenel section of Woodbridge, adding nearly 388,000 square feet to its portfolio in the region.
Another vacant office building in Parsippany is set to come down as part of a joint venture’s plan to construct a new 128,000-square-foot speculative warehouse just north of Route 10.
The owner of a new 200-unit luxury apartment building in Jersey City has refinanced the property for $81 million, brokers with Cushman & Wakefield announced Tuesday.
Iron Ore Properties LLC has acquired more than 117,000 square feet of office space and some 14 acres of land as part of a newly announced deal in Hanover Township.
Ridgecut Road has acquired a two-acre industrial service facility in East Brunswick, marking the latest addition to its fast-growing portfolio in the asset class.
Iron Ore Properties LLC has acquired more than 117,000 square feet of office space and some 14 acres of land as part of a newly announced deal in Hanover Township.
The developers of nearly 200 new apartments in Bayonne have secured $58 million in construction financing for the project, in a transaction arranged by Cushman & Wakefield.
KRE Group has closed on $90 million in financing for a new 285-unit luxury apartment community in Marlboro, brokers with Cushman & Wakefield announced Monday.
An investment group has acquired a more than 28,000-square-foot medical office building in Jersey City for $7.43 million, in a newly announced deal by Cushman & Wakefield.
