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.
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.
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.
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.
