New Jersey
NJ Office Vacancies Slide to 10-Year Low
Office vacancies in New Jersey continue a gradual downward path, said Transwestern Commercial Services (TCS). The market ended the first… Read more
Port Authority Launches Next Phase of JFK Air Cargo Overhaul
The Port Authority of New York and New Jersey has signed a long-term lease to develop a state-of-the-art air cargo… Read more
Prospect Medical Holdings Seeks Buyer for Healthcare Assets
Prospect Medical Holdings, the parent company of Nix Health, wants a buyer for a downtown San Antonio hospital and four… Read more
Logistics Firm Takes 100K SF at Goodman’s Murray Hill Facility in NJ
OmLog, a global logistics service provider for luxury fashion products, leased more than 100,000 square-feet at Goodman Industrial Center Murray… Read more
West Orange Township Buys 138 Acres from Private Club
HFF has brokered the $11.1-million sale of a nearly 138-acre development site in West Orange, NJ. The firm marketed the… Read more
NAI Hanson Tapped to Lease High-Occupancy Upper Bergen Park
NAI James E. Hanson has been named the exclusive leasing agent for the Allendale Industrial Park, a 370,000-square-foot, seven-building flex/industrial… Read more
Where Retirees Are Headed, and Where They’re Coming From
For decades, it has been a cliché: retirees pulling up stakes from harsher winter climes up north, and living out… Read more
Paramount Assets Launches Franchisee Service in NJ
Paramount Assets has launched Franchise Connect, a free program aimed at helping franchises and small businesses grow in New Jersey and prospective franchisees… Read more
Celularity Relocates in Full-Building Florham Park Lease
Celularity has signed a long-term lease for the entire 147,215-square-foot office building at 170 Park Ave. in Florham Park, NJ.… Read more
Scott Gordon Joins Kennedy Wilson’s Brokerage Division
Kennedy Wilson Brokerage, a division of Kennedy Wilson, hired Scott Gordon as a senior vice president of property services in… Read more
Townships Okay Plans for Morris County MXU
Plans for The District at 15fifteen, a mixed-use project that will bring dining, upscale retail and heavily amenitized residential space… Read more
AEW Sells Soho Lofts in Jersey City to Mack-Cali for $264M
Mack-Cali Realty Corp., acting on behalf of Roseland Residential Trust, acquired Soho Lofts, a 377-unit, luxury apartment property in Jersey… Read more
Law Firm DeCotiis Shifts Headquarters to Paramus
JLL has completed a new lease for DeCotiis, FitzPatrick, Cole & Giblin LLP at 61 S. Paramus Rd. in Paramus,… Read more
HFF Arranges Hamilton Industrial Sale to Black Creek
HFF has closed the $8.5-million sale of 17 Quakerbridge Plaza Drive, a fully-leased, 76,220-square-foot industrial warehouse and distribution facility in… Read more
Burgerim Expands by 9 Franchisees in NJ
JLL has completed nine separate retail transactions, totaling 17,897 square feet, for Burgerim franchisees throughout New Jersey. Launched in 2011… Read more
Meridian Arranges Refi on New-Build Aberdeen Apartments
Meridian Capital Group recently arranged $52 million to refinance a multifamily community in Aberdeen, NJ on behalf of BNE Real… Read more
HFF Closes Sale of Imaging Facility in Garden City
HFF recently closed the $11.468-million sale of a 16,920-square-foot outpatient imaging facility that is triple-net master-leased to New York University… Read more
Rock Group, PCCP Sell 1M SF of Industrial to DWS
Rockefeller Group and joint venture partner PCCP have sold two recently-completed distribution centers in Rockefeller Group Logistics Center to DWS… Read more
Lee NJ’s Schaible Negotiates Sale, Two Leases in Bergen
SVP Michael Schaible of Lee & Associates NJ has completed the sale of a 72,000-square-foot industrial/flex in Englewood. He also… Read more