Onyx Equities and Garrison Investment Group have kicked off a multimillion-dollar renovation of a 363,000-square-foot office building in Paramus, according to Cushman & Wakefield.
Advance Realty Investors has added four tenants at a newly developed retail center in Paramus, where it has also tapped Newmark as its leasing agent.
Krispy Kreme has leased 4,000 square feet at a former McDonald’s location in Paramus, under a newly announced transaction by The Goldstein Group.
An appliance store has opened its doors at a Paramus strip center, joining two other tenants to bring the 13,000-square-foot property to full occupancy.
A furniture business has opened its doors in Paramus, following its acquisition last year of a nearly 18,000-square-foot building on Route 17.
Eight tenants have combined to lease more than 42,000 square feet of retail space in northern and central New Jersey, in a series of newly announced deals by The Goldstein Group.
A landlord in Bergen County has signed two leases with education tenants for a combined 6,500 square feet, under a pair of deals announced by Lee & Associates New Jersey.
With 2020 underway, owners of New Jersey office buildings are closely watching Trenton to see if the state will pass new tax incentives to attract employers. That’s one of the key issues and trends likely to drive the office market this year, according to interviews with brokers and landlords. In fact, observers say the fate of tax incentives will have more impact on New Jersey’s office market than the presidential election.
The site of a former Dressbarn store in Paramus has changed hands for more than $2 million, following a transaction arranged by brokers with CBRE.