An investment firm has reaped nearly $4 million from the sale of a Piscataway office building, following a transaction arranged by brokers with Colliers International.
After building its New Jersey portfolio to nearly 8 million square feet in recent years, Duke Realty Corp. is poised for further growth in the state with several high-profile developments underway.
Commercial real estate investors across five New Jersey counties took a cautious approach during the coronavirus outbreak, as transaction volume fell through the first half of the year.
A private equity group has sold a Piscataway office complex for nearly $24 million, more than doubling the price it paid to acquire the property in 2016.
An investment firm has acquired more than 135,000 square feet of industrial space on the border of Middlesex and Union counties, in a transaction arranged by Sheldon Gross Realty.
A third-party logistics provider has renewed its 135,000-square-foot lease at a Piscataway industrial complex, an executive with Levin Management Corp. said Monday.