A pharmaceutical company has acquired a 12,400-square-foot industrial lab building in Piscataway, brokers with NAI DiLeo-Bram & Co. announced Thursday.
The owner of a 120,000-square-foot industrial building in Garwood has sold the property, paving the way for a potential redevelopment just steps from the borough’s train station.
In New Jersey’s booming industrial market — where rent growth is unprecedented and speculative development is rewarded — owners and investors still face a major challenge when it comes to deploying capital and keeping their pipelines filled.
A fruit bowl restaurant and a Verizon dealer are among the newest tenants for an area landlord in Middlesex County, following separate leases announced this week by Pierson Commercial.
The Stro Cos. has leased 11,600 square feet in Woodbridge to a Brooklyn-based firm that was seeking warehouse space for two of its business lines, the landlord said Tuesday.