Prologis Inc. has agreed to acquire Liberty Property Trust for $12.6 billion, in a move that deepens the industrial giant’s presence in several key markets including New Jersey.
Liberty Property Trust has expanded its industrial holdings in New Jersey, acquiring properties in the Meadowlands and Edison for a combined $51.8 million.
Two restaurants are coming to the high-profile, waterfront office tower in Camden that will become the headquarters of three influential South Jersey companies.
The state has approved a 10-year, $39.6 million tax credit package aimed at luring a Pennsylvania-based nonprofit to Camden, where it would build a new waterfront office building and create nearly 170 jobs not currently in the state.
A retail logistics firm has signed a full-building lease at a recently traded, 302,500-square-foot industrial property in Woodbridge, in a set of transactions arranged by Cushman & Wakefield.
American Water has opened the doors to its new 220,000-square-foot headquarters in Camden, the first completed piece of a high-profile, billion-dollar redevelopment of the city’s waterfront.
Investors have stayed bullish on New Jersey’s industrial market, driving more than $900 million in sales volume during the third quarter for warehouse and logistics space in the region.
A building in downtown Camden that was once the epicenter of recorded music is now poised to become Class A office space, under a plan to restore the historic property while honoring its past.
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 top deals of 2017.
