Slowly but surely, developers have begun to chip away at one of New Jersey’s most chronic issues when it comes to commercial real estate — the abundance of obsolete, aging office buildings that are no…
JLL: Mini-burger chain among three retail leases in downtown New Brunswick
A mini-burger chain has committed to its first New Jersey location in New Brunswick, in one of three retail leases in the city announced by JLL.…
I.CON wrap-up: Opportunity remains for industrial in New Jersey, nationally
As New Jersey has shown, the industrial sector has become the new darling of commercial real estate in recent years. That was all too clear from the sold-out crowd of more than 850 development executi…
Denholtz inks 15,900 sq. ft. renewal in Hamilton
A design and consulting firm has renewed its nearly 16,000-square-foot lease at a Hamilton office building, property owner Denholtz Associates said last week.…
JLL named leasing agent for One Gateway in Newark
The owners of One Gateway Center in Newark have hired JLL as the leasing agent for the 26-story office tower, less than a month after announcing plans to reposition the property.…
SJP, PGIM refinance Bridgewater building for $32.5 million, JLL says
Brokers with JLL have secured a $32.5 million loan for SJP Properties and PGIM Real Estate to refinance a 325,000-square-foot office building in Bridgewater, the real estate services firm said.…
SIOR New Jersey honors top office, industrial deals of 2017
Many of the state’s top commercial brokers gathered recently for an annual event hosted by the Society of Industrial and Office Realtors, where the organization recognized some of the Garden State’s t…
Big box space conundrum
At mid-2Q 2018 only three Class A industrial buildings larger than 500,000 square feet were available for lease throughout New Jersey. The shortage of space caused leasing to slow down at the start of…
Curtain importer, manufacturer renews 37,000 sq. ft. lease in Passaic County
A curtain and draperies company has leased 37,000 square feet of industrial space in Little Falls, in a newly announced transaction by Corporate America Realty & Advisors.…
United Way luncheon presents annual Impact Award, honors Hollister founder
A high-profile redevelopment project in Newark was honored Friday before a crowd of more than 500, winning an annual award from the United Way of Northern New Jersey.…