Liberty Property Trust has expanded its industrial holdings in New Jersey, acquiring properties in the Meadowlands and Edison for a combined $51.8 million.
The Blackstone Group has acquired a Lyndhurst development site that can accommodate more than 85,000 square feet of new warehouse and distribution space, brokers with CBRE announced.
Prologis has added to its Meadowlands industrial portfolio with the acquisition of a fully occupied, 212,000-square-foot warehouse in Teterboro.
A pet retailer is moving within the Meadowlands as part of a new 112,000-square-foot lease with Prologis, in a deal announced Monday by Team Resources Inc.
Gov. Phil Murphy on Tuesday visited the massive American Dream project in the Meadowlands, hailing the ongoing work of construction teams and the potential for long-term job creation at the 3 million-square-foot entertainment, retail and dining complex.
An institutional investor has paid more than $147 million to acquire a 617,000-square-foot Amazon fulfillment center in Teterboro.
A logistics firm is marketing 130,000 square feet of industrial space in North Bergen, hiring Cushman & Wakefield as its leasing agent for the property.
Sitex Group has made another addition to its Meadowlands industrial portfolio, acquiring an 83,000-square-foot warehouse in Moonachie.
Bridge Development Partners is planning a three-building, 1.7 million-square-foot industrial complex in Somerset County after acquiring parcels from two separate sellers, part of an effort to refill its pipeline in New Jersey after a blockbuster portfolio sale last year.