A third-party logistics firm will occupy more than three-quarters of an Edison warehouse after leasing nearly 270,000 square feet at the property, brokers with CBRE announced.
Bridge Development Partners is planning a three-building, 1.7 million-square-foot industrial complex in Somerset County after acquiring parcels from two separate sellers, part of an effort to refill its pipeline in New Jersey after a blockbuster portfolio sale last year.
Many of the state’s top commercial brokers gathered recently for an annual event hosted by the Society of Industrial and Office Realtors, where the organization recognized some of the Garden State’s top deals of 2017.
A medical imaging company has sold a 30,600-square-foot industrial building in Piscataway, in a $3.2 million transaction arranged by Atlantic Real Estate Services.
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.
