Team Resources: Flooring maker takes 73,000 sq. ft. in Somerset

A flooring manufacturer has leased more than 70,000 square feet at a Somerset County industrial building, in the largest of several newly announced transactions by Team Resources Inc.

Atlantic inks $15.6 million sale of Somerset industrial building

A maker of natural ingredients and chemicals has sold its 120,000-square-foot warehouse in Somerset County for $15.6 million, under a transaction by Atlantic Real Estate Services.

LMC named management agent at Somerset County shopping center

Levin Management Corp. has added to its leasing and management portfolio in New Jersey, taking over a 67,500-square-foot retail property in the Franklin Park section of Franklin.

IT services, construction firms ink leases at Somerset office building, C&W says

Two tenants have combined to lease nearly 5,000 square feet at a two-building, 208,000-square-foot office building in Franklin Township, according to Cushman & Wakefield.

Rental rates surging, reaching new heights in N.J. industrial market, researchers say

Landlords and developers are still reaping the rewards of New Jersey’s tight industrial market, where rents continue to rise well above average asking rates.

EDA: Biopharma firm mulls purchase of 85,000 sq. ft. Somerset building

A biopharmaceutical company is weighing plans to acquire an 85,371-square-foot industrial building in Franklin, having won approval for a 10-year, $13 million tax credit package from the state Economic Development Authority.

EDA: Co-working sites in central, southern New Jersey eligible for rent grants for startups

The state Economic Development Authority has added two co-working facilities in Somerset and Gloucester counties to its list of locations that qualify for rent subsidies for startup businesses.

Zimmel inks $2.1 million sale of Somerset flex building

A maker of medical diagnostic tests has acquired a 17,000-square-foot flex building in the Somerset section of Franklin, following a transaction brokered by Zimmel Associates.

Closeout retailer opens new store in Somerset County

A discount closeout retailer has expanded its footprint in New Jersey with a recently opened, 31,000-square-foot store in Somerset County, brokers with Jeffery Realty announced.

BRC: Distributor signs 41,000 sq. ft. industrial lease in Somerset

A distributor has taken 41,000 square feet of industrial space in the Somerset section of Franklin, in a transaction arranged by Bussel Realty Corp.