Lincoln Equities Group has completed demolition at a 153-acre site in Bayonne, clearing the way for its planned 1.6 million-square-foot warehouse and distribution complex.
Russo Development has completed its acquisition of a former industrial site in Kearny that will allow it to extend its multifamily pipeline in the town, brokers with Cushman & Wakefield said.
Four tenants have leased a combined 65,000 square feet at a well-known building in downtown Newark, where ownership is reaping the benefits of a multimillion-dollar renovation.
The Urban Land Institute honored a dozen commercial real estate projects and industry leaders last week as part of an annual awards dinner hosted by its northern New Jersey chapter.
Cushman & Wakefield has added more than 2.2 million square feet to its New Jersey property management assignments, thanks to continued demand from both industrial tenants and investors.
Three companies have joined the roster at a 310,000-square-foot office building in Ridgefield Park, where they have signed a total of more than 83,000 square feet.
A seven-building, 135-unit apartment portfolio in Central New Jersey is on the market, Cushman & Wakefield announced, touting the potential for continued rent growth in properties that are less than five years old.
New Jersey industrial landlords have inked a flurry of big-box leases in recent months, Cushman & Wakefield said, driving nearly 9 million square feet of deal volume during the third quarter.
