Investors buy Central Jersey warehouse, development sites in deals worth $54 million

A joint venture has made three new additions to its New Jersey industrial holdings, acquiring a long-term investment property and two development sites for a combined $54 million.

Industrial builders flock to Franklin after zoning change, bringing new life to aging office sites

Franklin Township has more than 4 million square feet of industrial space in its development pipeline — most of it in the town’s well-known Somerset section — with a growing list of projects that call for razing and repurposing the sites of outdated office buildings.

EverWest buys three-building, 190,000 sq. ft. Meadowlands portfolio for $66 million

An investment manager has acquired three Moonachie industrial buildings for nearly $66 million, adding more than 190,000 square feet to its fast-growing portfolio in New Jersey.

EverWest buys Somerset industrial building for $28 million, adding to growing portfolio

An investment manager has acquired a nearly 126,000-square-foot industrial building in Somerset County, marking its third such purchase in the region in two months.

CBRE: Pipeline for office conversions on the rise in New Jersey, exceeding 8.6 million sq. ft.

Developers are on track to remove nearly 9 million square feet of obsolete office space in New Jersey, as they repurpose the sites with in-demand uses such as industrial and apartments.

Developers plan 426,000 sq. ft. industrial campus after buying Somerset office property

A joint venture has acquired an office building and adjacent land in Franklin Township, with plans to redevelop the site as a two-building, 426,000-square-foot industrial campus.

Investment group sells two-building office complex in Berkeley Heights

An investment firm has sold a nearly 303,000-square-foot office complex in Berkeley Heights, under a newly announced transaction by JLL.

Investors acquire 149,000 sq. ft. Meadowlands property, CBRE says

An investment group has closed on its purchase of a 149,000-square-foot commercial property in Secaucus, in a newly completed transaction by CBRE.

Online fashion reseller takes 105,000 sq. ft. at revamped Moonachie building

An online market for preowned fashion accessories is leasing more than 100,000 square feet of industrial space in Moonachie, under a recent transaction with EverWest Real Estate Investors.

Apparel company leases 203,000 sq. ft. warehouse in South Brunswick

An apparel company has leased an entire 203,488-square-foot warehouse and distribution center under construction in South Brunswick, brokers with JLL announced Monday.