CBRE inks sale of 44,000 sq. ft. Oakland industrial building for $9.6 million

Investment firm Faropoint has acquired a nearly 45,000-square-foot industrial building in the Bergen County borough of Oakland, in a newly announced deal by CBRE.

Faropoint buys 655,000 sq. ft. North Jersey industrial portfolio from Kushner for $133 million

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.

JLL: Investors wanted for 655,000 sq. ft. light industrial portfolio in Bergen, Morris

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.

Thurston inks 38,000 sq. ft. industrial sale in Oakland

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.

Pierson completes new leases with Mexican, falafel chains

Three fast casual restaurant chains are expanding their reach in New Jersey as part of several newly announced leases by Pierson Commercial.

CBRE: New Jersey logistics space ranks nationally, globally in top-tier rent growth

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.

Goldstein Group brokers four leases at Bergen County retail center

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.

Oakland office building changes hands in NAI Hanson-brokered deal

A property owner in northern Bergen County has expanded its portfolio with the purchase of an office and flex property in Oakland, following a deal brokered by NAI James E. Hanson.