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.
An investment group has paid more than $14 million for a 100,000-square-foot industrial building in East Rutherford, brokers with Team Resources Inc. said Wednesday.
With nearly 1,500 construction workers on site and more than $1.6 billion spent to date, the long-awaited American Dream project is on track to open by this time next year.
Two new leases and two renewals have fueled more than 26,500 square feet of activity at a Meadowlands flex industrial building, executives with The Stro Cos. announced recently.
The industrial arm of Woodmont Properties has sold a 104,000-square-foot warehouse in Moonachie, whose new owner is now planning a major renovation at the building.
Sitex Group has purchased a 40,000-square-foot industrial building in Carlstadt, with plans to make several improvements as it markets the property for lease.
The massive American Dream project is “progressing vigorously” in East Rutherford, Gov. Chris Christie proclaimed Monday, as he visited the site and sought to promote the outsized economic impact of the long-stalled retail and entertainment complex.