Saxum Real Estate and Meadow Partners have acquired some 80,000 square feet of industrial space on 16 acres in Hamilton, seeking to capture demand from shallow‐bay and flex users.
A fragrances company has signed a nearly 43,000-square-foot lease renewal at an industrial park in East Hanover, in one of two recent deals by Resource Realty of Northern New Jersey.
Saxum Real Estate is marking a banner year after investing in a series of cold storage, industrial and multifamily assets and projects with a combined value of more than $1 billion.
Saxum Real Estate has recapitalized a six-property, 1.5 million-square-foot portfolio of cold storage buildings under a newly completed partnership with a national investment firm.
Urban Edge Properties has sold a seven-building, 1.22 million-square-foot light industrial portfolio in East Hanover for nearly $218 million, brokers with JLL announced Thursday.
An investment group has sold a mixed-use building in downtown Red Bank for $12.75 million, or more than $450 per square foot, in a deal arranged by Marcus & Millichap.
