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.
Life sciences firm renews for 10,400 sq. ft. in East Rutherford, Garibaldi says
A life sciences company has renewed its nearly 10,400-square-foot lease in East Rutherford, where it has maintained its headquarters for nearly 30 years.
Silverman acquires 41,000 sq. ft. Somerset building, JLL says
The Silverman Group has acquired a 41,000-square-foot warehouse and office building in the Somerset section of Franklin, in a $3.6 million deal arranged by JLL.
Zimmel inks industrial sales in Clark, Somerset
Two Central Jersey industrial buildings have changed hands for a combined $6.7 million, in a set of transactions arranged by Zimmel Associates.
