Commercial real estate investors across five New Jersey counties took a cautious approach during the coronavirus outbreak, as transaction volume fell through the first half of the year.
Eight tenants have combined to lease more than 42,000 square feet of retail space in northern and central New Jersey, in a series of newly announced deals by The Goldstein Group.
Office leasing in New Jersey slowed significantly in the second quarter, with renewals and extensions accounting for most of the activity as tenants navigated the coronavirus crisis.
A tax service firm is taking more than 4,000 square feet at a Florham Park office campus, under a newly completed transaction by Avison Young.
A company that offers an alternative to cash security deposits has forged a new partnership with an area landlord, bringing the product to seven northern New Jersey apartment properties.
The new owner of a sprawling six-building office campus in Florham Park has retained Avison Young as its leasing agent for the property.
New Jersey’s office market saw two major leases and a pair of blockbuster sales in the first quarter, headlining an active start to the year before the onset of the coronavirus crisis.
Accounting firm Wiss & Co. LLP has leased more than 40,000 square feet at a Florham Park office campus, in the largest of several newly announced transactions by Avison Young.
The Morris County Chamber of Commerce has renewed its nearly 4,500-square-foot lease at a Florham Park office building, under a newly announced transaction by CBRE.
The nation’s life sciences sector continues to expand, boosted by technological advancements, growing employment and a strong economy. While Boston and San Francisco remain the country’s main life sciences hub, their tightening inventory and constrained labor force has driven momentum south to the Garden State.