Home Depot has leased nearly 1.3 million square feet of newly built industrial space in Monroe, in a sign of continued market demand despite a shrinking appetite by e-commerce users.
Greek Development has announced a flurry of promotions and new hires in connection with its fast-growing, third-party construction and project management division.
Industrial rents in northern and central New Jersey continued to soar in the third quarter, amid ongoing demand for relatively few spaces and locations near the New Jersey Turnpike, fueling deals such as Samsung’s lease for more than 735,000 square feet in Linden.
Greek Development and Principal Real Estate Investors have closed on more than $32 million in construction financing for a long-awaited industrial project in Pennsylvania’s Bucks County.
Advance Realty Investors and Greek Development have closed on more than $227 million in financing for their ongoing high-profile industrial developments in Linden and Logan Township.
Greek Development has announced the opening of a new corporate office in East Brunswick to accommodate a business that has doubled in size since late last year.
A development team has preleased the latest phase of a 3.2 million-square-foot industrial park in Logan Township, where two logistics firms will occupy a combined 491,000 square feet.
Advance Realty Investors and Greek Development have secured $235 million in permanent financing for the first phase of a massive logistics campus under construction in Linden.
Greek Development plans to build new industrial space at the site of the landmark Nabisco plant in Fair Lawn, following its recent purchase of the property for nearly $147 million.