Bergman Real Estate Group has leased more than 28,000 square feet at a Madison office building after completing deals with a law firm and an environmental engineering group.
A joint venture has unveiled its multimillion-dollar plan to renovate a piece of the acclaimed Giralda Farms office campus, while tapping JLL to market the 141,000-square-foot property.
Bergman Real Estate Group has added to its suburban office holdings in the state, acquiring a piece of the well-known Giralda Farms corporate campus in Madison.
A growing number of tenants are searching for office space in New Jersey, providing a reason for optimism even as vacancy continued to climb heading into the summer.
The amount of available office space in New Jersey grew further in the second quarter, despite leases by technology and life sciences tenants and signs of improvement on the horizon.
A joint venture has selected CBRE as its leasing agent at a prominent Madison office building, where it’s planning a multimillion-dollar package of renovations and upgrades.
Vacancy in the northern New Jersey office market grew for four straight quarters in 2020, even as a handful of industries showed the ability to withstand the effects of pandemic.
PGIM Real Estate has provided a $408 million senior loan facility for an institutional investor’s purchase of a five-state, 4 million-square-foot industrial portfolio.