An investment firm is seeking a buyer for nearly 290,000 square feet of retail space at the nexus of two major highways in Woodbridge, with the potential to command some $40 million for the asset.
Denholtz Properties has recapitalized a portfolio of more than 631,000 square feet of light industrial space in New Jersey and Pennsylvania, brokers with JLL announced Thursday.
A newly built, 350-unit apartment tower in one of Jersey City’s fast-growing neighborhoods is on the market for sale, under a newly announced offering by JLL.
The firm behind what will be a massive logistics and innovation campus in Philadelphia has tapped JLL as its leasing agent for the site, including a first phase that will create more than 1 million square feet of high-end warehouse and distribution space.
A development team has landed a $19 million construction loan for a 1,332-unit self-storage project in Newark’s Ironbound section, according to a debt placement team with JLL.
Cervenka Development Partners has acquired a 19-acre parcel in Denville that it plans to develop as nearly 120,000 square feet of modern logistics space, the firm announced Thursday.
New construction is outpacing leasing volume in New Jersey’s industrial real estate market, but a new report suggests that could change as development becomes increasingly difficult.
