A private investor has paid $53 million for a grocery-anchored, 153,000-square-foot shopping center in Edison, according to CBRE brokers who arranged the deal.
Construction is underway for a new 100,250-square-foot industrial building in Edison, the latest piece of a 14-acre complex being developed by Wick Cos. LLC.
Pennrose and Middlesex County have completed the adaptive reuse of a historic hospital complex in Edison, resulting in 84 new units of affordable senior housing.
Brokerage firm Weiss Realty is touting a year in which it completed nearly 40,000 square feet of leasing, along with property sales totaling more than $35 million in value.
A veteran broker with CBRE was the firm’s top industrial producer in the Americas in 2017, with a series of deals headlined by high-profile transactions in Edison and Perth Amboy.
A distributor of industrial products has leased 90,000 square feet in Edison, in one of nearly three dozen transactions that helped Heller Industrial Parks maintain full occupancy in 2017.
