Industrial
Industrial leasing slowed by lack of supply, fueling need for new deliveries

A lack of supply has kept a lid on leasing activity in New Jersey’s industrial market, as developers race to build new projects that would help meet the robust demand from tenants.

Office
Developers continue focus on amenities, aesthetics to help tenants compete for talent

As hiring and human resources decisions drive corporate real estate selection more than ever, New Jersey developers are responding by designing spaces and amenities that meet those needs, while expanding their focus on the labor markets around their project sites.

Industrial
C&W marketing new-look warehouse space in Parsippany

The owner of a newly upgraded, 550,000-square-foot warehouse in Parsippany has tapped Cushman & Wakefield to market the complex to would-be tenants.

Residential & Mixed Use
Sanzari completes 1031 exchange, purchasing 24-unit rental complex in Essex County

Alfred Sanzari Enterprises has acquired a 24-unit luxury apartment community in Essex County as part of a newly completed 1031 exchange.

Industrial
CenterPoint adds 74,000 sq. ft. Jersey City building

CenterPoint Properties has expanded its New Jersey holdings with the acquisition of a nearly 75,000-square-foot industrial building in Jersey City.

Office
Upgraded Parsippany office building changes hands, C&W says

A joint venture has sold a 115,000-square-foot office building in Parsippany, under a newly announced transaction by Cushman & Wakefield.

Office
Silverman sells boutique office building in Summit, C&W says

The Silverman Group has sold a fully leased, 42,000-square-foot office building in Summit, brokers with Cushman & Wakefield announced Wednesday.

Industrial
Sanzari, trimmings designer ink 21,000 sq. ft. lease in South Hackensack

A maker of trimmings for garments and other products has leased more than 21,000 square feet at a South Hackensack industrial building, Alfred Sanzari Enterprises said Wednesday.

Retail
Advance lands $72.5 million loan for mall redevelopment in Morris County

Advance Realty Investors has obtained a $72.5 million construction loan that will pave the way for it to transform an aging mall in western Morris County, Cushman & Wakefield announced.

Industrial
New York firm acquires Rockaway industrial complex

New York-based real estate investment company Davco Group has acquired a six-building complex in Rockaway from The Silverman Group, in a sale orchestrated by Cushman & Wakefield.