A developer has opened the doors to a new 410,300-square-foot industrial building in East Windsor that will serve as a distribution center and warehouse for LG Electronics USA.
A well-known hotel in Monmouth County is getting a multimillion-dollar makeover after being acquired last month by an East Windsor-based hospitality group.
A joint venture is acquiring a 1,009-unit affordable housing portfolio, spanning seven towns in New Jersey, with the help of a $144 million Fannie Mae loan arranged by an out-of-state firm.
It was New Jersey’s largest industrial lease of the fourth quarter — and it was a fitting end to the year for a market that has been fueled by e-commerce tenants and big box construction. But the commitment by Modway Furniture was every bit as notable for its location as it was for its size.
It was a 27-acre land sale last September that gave way to one of East Windsor’s newest industrial projects, but it wasn’t the first time the property had changed hands.
If there’s any doubt about the demand for new industrial space in New Jersey, look no further than the response to speculatively built warehouse and distribution projects in 2016.
