A developer has reaped more than $37 million from the sale of a Walmart ground lease within a sprawling retail and light industrial complex in Teterboro, its broker announced Tuesday.
Rent growth and falling vacancy show no signs of slowing down for Meadowlands industrial space, thanks in large part to the continued flight of tenants from New York City.
At least for 2017, industrial became the new darling of institutional investors. Here are the top 10 industrial sales in New Jersey of 2017, according to Real Capital Analytics.
An out-of-state investment firm has acquired a 132,000-square-foot industrial building in Teterboro, in a deal brokered by Chaus Realty and Coldwell Banker Residential.
G.S. Wilcox & Co. has arranged a $56 million for a client to refinance a six-building industrial portfolio in Bergen and Middlesex counties, the firm announced Monday.
