The Stro Cos. has acquired a 45,000-square-foot light industrial building at the nexus of three major highways in Elmwood Park, the commercial real estate firm said Monday.
The Stro Cos. has started the year by growing its industrial portfolio in northern and central New Jersey, acquiring five buildings spanning more than 200,000 square feet.
Team Resources Inc. has announced the sale of a 51,000-square-foot, multitenant industrial building in Moonachie to a Ridgewood-based real estate investor.
A three-year-old development and investment firm has launched its first fund, with a goal of deploying some $75 million to acquire value-add properties in transit-oriented downtowns.