Industrial
Denholtz inks 32,000 sq. ft. lease for first deal at new Texas industrial campus

Denholtz Properties has snagged its first tenant at more than 213,000 square feet of newly built logistics space in Texas, leasing nearly 32,000 square feet to OTC Industrial Technologies.

Professional Services
Colliers adds former Transwestern market leader in New Jersey as executive managing director

Colliers International has added to its New Jersey leasing team with the hiring of a veteran broker and former leader of Transwestern’s office in the state.

Professional Services
Lee & Associates New Jersey adds brokerage, marketing team from Transwestern

A seven-member team previously with Transwestern has joined Lee & Associates New Jersey, helping to bolster the firm’s growing footprint in the Garden State.

Professional Services
Transwestern to close New Jersey office in early April, company says

Transwestern is closing its New Jersey office next month, a company representative said, in a move that comes a decade after the commercial real estate services firm entered the market.

Industrial
E-commerce train rolls on as industrial owners, brokers prepare for a roaring 2020

The economic engine powering the New Jersey industrial real estate market will continue to be the rapidly transforming retail sector, driven primarily by relentlessly rising demand from consumers for rapid home delivery of purchases, whether from online retailers or traditional but restructured brick-and-mortar retailers.

Office
New Jersey office leasing slows at year-end, amid a decade of recovery

Smaller-sized leases continued to dominate New Jersey’s office market as 2019 came to a close, putting a drag on overall deal volume as larger transactions remained elusive.

Professional Services
LMC adds veteran property management exec

Levin Management Corp. has made another addition to its team, hiring a longtime property management executive to help oversee its growing commercial portfolio.

Office
Spec office space coming to uptown Hoboken as Toll Bros. project nears completion

Construction is underway at the final piece of major mixed-use development in uptown Hoboken, where plans call for more than 100,000 square feet of office space alongside retail and luxury condominiums.

Industrial
New Jersey industrial rents ‘skyrocket’ as demand outpaces supply, Transwestern says

Demand for New Jersey industrial space continues to surge, causing asking rents to skyrocket even as developers race to deliver new buildings.

Office
Florham Park: Biotech firm set to begin move to new 147,000 sq. ft. headquarters

A biotechnology company is consolidating its headquarters, manufacturing and research and development functions as part of a new full-building, 147,215-square-foot lease in Florham Park.