A three-building, 679,000-square-foot office park in Somerset County has changed hands for $33.5 million, following a sale arranged by JLL.
A life sciences company has renewed its nearly 10,400-square-foot lease in East Rutherford, where it has maintained its headquarters for nearly 30 years.
The Silverman Group has acquired a 41,000-square-foot warehouse and office building in the Somerset section of Franklin, in a $3.6 million deal arranged by JLL.
Two Central Jersey industrial buildings have changed hands for a combined $6.7 million, in a set of transactions arranged by Zimmel Associates.
Two technology firms have signed leases at a two-building, 208,000-square-foot office complex in the Somerset section of Franklin, including a new commitment and an expansion.
A subtenant at a Franklin warehouse has transitioned into a direct lease while expanding at the property by 46,000 square feet, brokers with Cushman & Wakefield said Thursday.
A flurry of large leases provided a jolt to New Jersey’s office market in the second quarter, but the story was vastly different when it came to investment sales. Fortunately, there are signs of a rebound on the horizon.
Bridge Development Partners is planning a three-building, 1.7 million-square-foot industrial complex in Somerset County after acquiring parcels from two separate sellers, part of an effort to refill its pipeline in New Jersey after a blockbuster portfolio sale last year.