A fast-growing investment firm has planted a flag in northern New Jersey, acquiring a 10-building industrial portfolio in Bergen and Morris counties for nearly $133 million.
A portfolio of 10 light industrial buildings in Bergen and Morris counties is on the market for sale, with the potential to draw offers in the range of $135 million.
A nearly 38,000-square-foot building has changed hands in a Bergen County industrial park, in a newly completed deal by Thurston Group LLC.
Three fast casual restaurant chains are expanding their reach in New Jersey as part of several newly announced leases by Pierson Commercial.
Owners of high-end industrial space are riding a wave of rent growth — nationally and globally — and landlords in New Jersey are among the biggest winners. That’s according to new research from CBRE, which found that rents for top-tier space in the Garden State grew 9.5 percent, to $8.26 per square foot, in the year ending March 31. That year-over-year growth ranked third among U.S. submarkets, behind only Oakland and Seattle, and seventh worldwide.
Four new tenants have joined the roster at a 32,000-square-foot shopping center in Bergen County, following a series of leases brokered by The Goldstein Group.