Home Depot will lease more than 1 million square feet from Duke Realty Corp. at a redevelopment site in Perth Amboy, occupying two buildings as the company seeks to overhaul its supply chain.
Apartment buildings in Perth Amboy and Orange have changed hands among private investors, under a set of newly announced transactions by Capital Realty Associates.
The Society of Industrial and Office Realtors’ New Jersey chapter presented its annual largest deal awards last week, showcasing some of the industry’s top transactions of 2018.
Paramount Assets recently joined the operator of a new Burger King in Perth Amboy to mark the business’ opening.
Investors have stayed bullish on New Jersey’s industrial market, driving more than $900 million in sales volume during the third quarter for warehouse and logistics space in the region.
New Jersey industrial landlords have inked a flurry of big-box leases in recent months, Cushman & Wakefield said, driving nearly 9 million square feet of deal volume during the third quarter.