The struggle continues for investors looking to buy industrial properties in New Jersey, where prices remain high but sales volume remains low compared to other major markets.
NAIOP New Jersey will honor two of the industry’s top players in capital markets and commercial mortgage banking as part of its annual awards gala this spring, where it will also recognize a pair of influential developers and one of the state’s longest-serving mayors.
Advance Realty and Greek Development have taken the wraps off their plans for a new 4.1 million-square-foot logistics park in Linden, in what they say is the largest planned industrial development in the Port of New York and New Jersey region.
Advance Realty and Greek Development have partnered once again, acquiring a 350-acre site in Linden that they say is now primed to become a large industrial park.
An executive at Greek Development has been promoted to president of development and construction, the East Brunswick-based industrial builder said this week.