A new Best Buy distribution center is slated to open in Piscataway by this year’s holiday shopping season, under a 725,000-square-foot lease touted Friday by Rockefeller Group.
The Rockefeller Group has unveiled a new design for a proposed office complex in Florham Park, touting a cutting-edge, vibrant concept that can appeal to tenants seeking a space that doesn’t currently exist in suburban New Jersey.
The year ahead is poised to bring more of the same for New Jersey’s teeming industrial market: a seemingly insatiable demand for modern space that is fueling millions of square feet in new development. Here is the list of top 10 industrial projects under construction in the region.
Industrial leasing in northern and central New Jersey topped 40 million square feet for the third consecutive year, Colliers International said Friday, thanks to a surge to close out 2017.
Rockefeller Group has broken ground on a 2.2 million-square-foot logistics campus in Piscataway, in what it says is one of the state’s largest remaining sites for industrial development.
A joint venture has sold a 228-acre former brownfield site in Piscataway for $57 million, following a three-year effort to secure approvals that would allow the parcel to be redeveloped as a 2.4 million-square-foot industrial park.
Many of the state’s top office brokers turned out last week for an up-close look at a sleek new flexible stay community in Florham Park and the site of a new corporate office building that could soon rise alongside it.
The Rockefeller Group is moving ahead with the next piece of its master-planned redevelopment site in Florham Park — a proposed build-to-suit office building that the firm is now marketing to prospective tenants.
A series of high-profile deals, along with research by a top real estate services firm, shows that the demand from e-commerce users is overwhelming in the Garden State. And it shows no signs of abating, as online retail businesses and on-demand food services only continue to grow.
