CBRE: Auto dealership chain inks $55 million sale-leaseback in New Jersey, Pennsylvania

An automotive group has completed a $55 million sale-leaseback involving a series of dealerships and other buildings in New Jersey and Pennsylvania, in a deal arranged by CBRE.

Sudler touts record leasing activity in 2020, fueling 98 percent occupancy portfolio-wide

Sudler Cos. has started 2021 at nearly full occupancy across its portfolio after a year in which it saw 1.2 million square feet of leasing velocity.

Sudler inks four leases totaling 226,000 sq. ft. at Lakewood industrial park

Sudler Cos. has leased up four new speculative industrial buildings in Lakewood, securing 225,600 square feet in commitments as it prepares to break ground on the final property.

How will COVID-19 impact multifamily design or operations?

How will COVID-19 impact multifamily design or operations? We assembled a panel of industry experts to tackle this month’s question.

Developer unveils new 74-unit rental project in Lakewood

TFE Properties has completed the first piece of a new apartment community in Lakewood, a 74-unit complex located between Route 9 and the Garden State Parkway.

Developer plans fall opening for Lakewood apartments

A developer is set to unveil a new 74-unit apartment complex in Lakewood, with plans to open the property as soon as this fall.

Madison Realty brokers $77 million in multifamily sales

An area brokerage firm has arranged more than $77 million in recent multifamily property sales in Monmouth, Ocean and Atlantic counties.

Growing life sciences firms, Big Pharma giant offered EDA incentives

State officials have approved tax credits meant to help three pharmaceutical firms grow the industry’s footprint in New Jersey, while also dangling a nearly $40 million incentive to keep a global life sciences giant from pulling its U.S. headquarters out of the state.

Report: RadioShack to close 20 N.J. stores

RadioShack will shutter 20 stores in New Jersey amid more than 550 closures across its portfolio, according to published reports.

Sudler lands first tenant at newest Lakewood industrial site

The Sudler Co. has inked a 25,000-square-foot warehouse lease in Lakewood with a maker of wire ducts and other products.