Retail
Pierson completes new leases with Mexican, falafel chains

Three fast casual restaurant chains are expanding their reach in New Jersey as part of several newly announced leases by Pierson Commercial.

Retail
JLL inks sale of 81,000 sq. ft. retail center in South Brunswick

An investment firm has acquired a nearly 81,000-square-foot shopping center along Route 1 in Middlesex County, brokers with JLL announced Tuesday.

Industrial
JLL: Investors plan upgrades after acquiring 1.1 million sq. ft. Newark industrial complex

A joint venture has acquired the former Ballantine Brewery site in Newark for $61 million, adding a 1.1 million-square-foot, multitenant industrial complex in the port submarket.

Office
Hollister completes build-out for office, co-working firm in Short Hills (SLIDESHOW)

Hollister Construction Services has taken the wraps off a new build-out at a Short Hills office building, where a co-working and office space provider has taken 16,000 square feet.

Finance & Capital Markets
Rockaway retail center refinances for $10 million, JLL says

The owner of an 89,000-square-foot shopping center in Rockaway has refinanced the property for $10 million, brokers with JLL announced Wednesday.

Industrial
CBRE: 3PL signs 171,000 sq. ft. lease at new Hillsborough industrial space

A third-party logistics firm has taken more than 170,000 square feet at a newly built, 750,000-square-foot distribution center in Hillsborough, brokers with CBRE announced Wednesday.

People
JLL hires prominent brokerage team, plans new Princeton office

A well-known, Princeton-area brokerage team has joined JLL as part of the firm’s plan to launch a new office and expand its reach in the high-profile submarket.

Industrial
Bridge, DHPH detail plans for four-story distribution center in Brooklyn

Bridge Development Partners’ New Jersey-based team and DH Property Holdings have acquired an 18-acre site in Brooklyn, where they plan to develop a four-story distribution center with up to 1.3 million square feet of prime industrial space.

Office
Joint venture acquires Gateway 1, 2 and 4 in Newark, plans concourse transformation

A joint venture has acquired 1, 2 and 4 Gateway Center in Newark, bringing 1.6 million square feet of office space under a common ownership and paving the way for a sweeping, multimillion-dollar plan to modernize the complex’s concourse and streetscape.

Office
A new day for Gateway: How Onyx plans to transform Newark’s iconic office complex

A joint venture announced that it has acquired 1, 2 and 4 Gateway Center, allowing it to consolidate ownership of 1.6 million square feet of office space. Onyx Equities LLC is part of that group and is now spearheading the effort to modernize the network of pathways, part of a high-profile effort to overhaul the complex.