Demand for net-leased investment properties is holding strong in the region, despite climbing interest rates, following a healthy year by a CBRE brokerage team focused on the asset class.
Three tenants have joined the ground-floor retail space at a new boutique apartment building in Paramus, leasing a combined 6,700 square feet at the Midland Avenue property.
A newly built, 3,500-square-foot McDonald’s has opened its doors in the borough of Middlesex, following a lease arranged by brokers with Levin Management Corp.