SIOR NJ highlights top industrial, office deals from 2018

The Society of Industrial and Office Realtors’ New Jersey chapter presented its annual largest deal awards last week, showcasing some of the industry’s top transactions of 2018.

Blackstone buys Meadowlands development site for $8 million, CBRE says

The Blackstone Group has acquired a Lyndhurst development site that can accommodate more than 85,000 square feet of new warehouse and distribution space, brokers with CBRE announced.

New Jersey industrial sales top $900 million in Q3, NAI Hanson says

Investors have stayed bullish on New Jersey’s industrial market, driving more than $900 million in sales volume during the third quarter for warehouse and logistics space in the region.

Prism set to begin high-end office project in downtown Morristown

A rare infusion of new Class A office space is coming soon to downtown Morristown, as a developer prepares to begin a project that will deliver about 50,000 square feet to the central business district.

Onyx takes over leasing, property management for three Gramercy buildings

Onyx Equities LLC is taking over as asset and property manager for Gramercy Property Trust’s three-building, nearly 600,000-square-foot office portfolio in New Jersey, the firms announced.

Colliers: $25M industrial deal includes South Jersey property

A real estate investment trust has acquired a nearly 200,000-square-foot industrial property in Swedesboro as part of a recent two-building deal, two-state deal.