A real estate investment trust has acquired the only grocery-anchored shopping center in Pompton Plains, in a $51 million deal brokered by HFF’s New Jersey office.
271 Route 46 West in Mine Hill — Marcus & Millichap By Joshua Burd A private investor has sold a 16,000-square-foot retail property along Route 46 in Morris County, according to brokers with Marcus & Millichap’s New Jersey office. Brian…
RXR Realty has completed the $368 million sale of six office buildings in Short Hills and Madison to Mack-Cali Realty Corp., according to HFF, in a high-profile trade involving one of the state’s most high-end suburban submarkets.
Experts say the struggles of New Jersey’s suburban office market are not as clear-cut as many still believe. Those challenges are in fact real, but there are still plenty of opportunities for owners and developers to make a splash.
The owner of a nearly 8,000-square-foot shopping center in Montville has completed a series of renovations at the property and is marketing the space to would-be tenants.
