In a time when investors have reaped windfalls from upgraded office buildings in New Jersey, CBRE’s capital markets team has been on the front lines — spearheading a host of high-profile deals involving newly stabilized, Class A buildings in the state.
The e-commerce explosion has fueled a surge in online returns — especially during the holiday season — driving additional demand for industrial space in New Jersey and nationally.
A well-known office complex in Saddle Brook has changed hands for more than $115 million, following a sweeping set of upgrades that helped raise occupancy over more than three years.
CBRE has announced an expanded role for its market leader in New Jersey, in an effort to expand the firm’s focus in the region’s industrial and logistics sector.
Brian Hosey By Joshua Burd Marcus & Millichap’s northern New Jersey office is trending upward, touting a year in which its total number of transactions grew by 44 percent. The brokerage said Thursday that its Saddle Brook-based team is one…