Russo Development and Forsgate Industrial Partners have completed their purchase of a 718-acre tract in Bergen County, paving the way for more than 3 million square feet of new high-end industrial space in the heart of the Meadowlands.
Tenant advisory firm Savills Studley is dropping the second half of its name as part of a new rebranding campaign — one that includes commercials during the upcoming NCAA men’s basketball tournament.
Jeff Schotz, one of the state’s best-known leasing executives, is returning to brokerage as the new head of Newmark Knight Frank’s agency leasing team in New Jersey.
Cresa, the largest tenant-only commercial real estate brokerage, has expanded its team in New Jersey with five new hires over the past year and plans to continue hiring in the months ahead.
A logistics firm is marketing 130,000 square feet of industrial space in North Bergen, hiring Cushman & Wakefield as its leasing agent for the property.
Capital markets brokers based in Newmark Knight Frank’s Rutherford office have inked the sale of a six-building, 788,000-square-foot industrial portfolio in Connecticut.
Real estate services firm Avison Young has added a team of seven from the brokerage formerly known as Cresa NJ-North/Central LLC, as part of an acquisition of the business and a move to open a second New Jersey office in Middlesex County.