An investment manager has taken ownership of two well-known office buildings in the Short Hills section of Millburn, having tapped JLL as its leasing team for the properties.
Th Urban Land Institute’s Northern New Jersey chapter hosted its largest event of the year, honoring projects, professionals and companies in nearly 20 categories as recipients called for continued cooperation between developers and policymakers.
Two tenants have leased a combined 25,000 square feet of industrial and laboratory space in the Somerset section of Franklin, according to brokers with Bussel Realty Corp.
Warehouse vacancy in New Jersey ticked upward to start the year, but remains tight by national standards, as the market continued its return to equilibrium after record demand.
An office building in West Windsor is on the market for sale, offering a tenant roster that includes Princeton University and a development opportunity on an adjacent parcel.
Denholtz Properties has added to its portfolio outside New Jersey with more than 213,000 square feet of newly built industrial space near Austin, Texas.
Ridgecut Road has closed on a development site in New York’s Orange County where it plans to build more than 146,000 square feet of new high-end industrial space.
