The Hampshire Cos. has sold a newly delivered industrial complex in Totowa for $51 million, brokers with HFF announced Tuesday, following a project that called for retrofitting and expanding a former life sciences building off Route 46.
One of the state’s largest hospital systems has leased a new retail location in Totowa, in a transaction announced by The Goldstein Group.
CHA Partners has spent the past 10 years filling a void in the health care and real estate markets, having acquired and repurposed three former hospitals in New Jersey. And it’s now poised to begin its largest project to date — the long-awaited conversion of a shuttered hospital in Plainfield.
Tulfra Real Estate and The Hampshire Cos. have sold a 91,000-square-foot self-storage facility in Totowa for $19.5 million, touting it as a sign of growing demand for the asset class.
A cosmetics company has retrofitted a former Becton Dickenson plant in Totowa after recently purchasing the building to accommodate its own manufacturing operation.
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.
Mack-Cali Realty Corp. has sold a 13-building flex and industrial park in Totowa, in a $65.5 million deal brokered by Cushman & Wakefield.
Team Resources has announced the sales of two North Jersey industrial buildings, including a former manufacturing complex that is now slated for mixed-use redevelopment.
Brokers with CBRE Group Inc. have been hired to market four separate industrial properties totaling more than 500,000 square feet in northern and central New Jersey.