New Jersey
Prism Launches Dunellen MXU on Former Industrial Site
Prism Capital Partners has launched Dunellen Station, the redevelopment of the former Art Color industrial facility in Dunellen, NJ into… Read more
Class A Office Complex Finds Buyer in Somerset
JLL has completed the sale of Atrium Corporate Park in Somerset, NJ. The unidentified buyer acquired the three-building, Class A,… Read more
CushWake Tapped for NJ’s Largest Available Warehousing
A Cushman & Wakefield team of Jason Goldman, Charles Fern, Andrew Siemsen and Jason Barton has been appointed to lease… Read more
Duke Preleases New Meadowlands Industrial Facility
Duke Realty Corporation signed a 124,888-square-foot lease with GraceKennedy Foods (USA) LLC at a new warehouse in the Meadowlands. The… Read more
CBRE Arranges Parcel Sale in Harrison’s Redevelopment Zone
CBRE has arranged the $14.5-million sale of a development site at 15 Essex St. in Harrison, NJ. The firm’s Charles… Read more
KABR to Reposition 2-Building Princeton Complex
CBRE Institutional Properties represented an institutional seller in the sale of 100 and 101 Thanet Circle in Princeton, NJ to… Read more
Middlesex Strip Center Trades for $7M
Marcus & Millichap has arranged the sale of Quick Chek Plaza, a 25,800-square foot assemblage of retail shops at 881… Read more
Acquisition Financing Arranged for NJ Distribution Center
Cohen Asset Management secured $41.5 million in acquisition financing for Middlesex Logistics Center, a fully-leased, Class A, 507,000-square-foot warehouse and… Read more
NJ Office Deals Keep Getting Smaller
New Jersey has transformed into an office market characterized primarily by small office deals below 10,000 square feet, says CBRE.… Read more
Industry Veteran Jeff Schotz Joins NKF in NJ
CRE veteran Jeff Schotz (pictured) has joined NKF as executive managing director. He’ll lead NKF’s agency services team in the… Read more
Office Property in NJ STEM Corridor Changes Hands
Mountain Development Corporation has sold Spring Street Innovation Center in New Providence, NJ for $23 million to Shelbourne Global Solutions.… Read more
R.J. Brunelli Inks Dollar Tree Deals in NJ
Retail brokerage R.J. Brunelli & Co., which exclusively represents Dollar Tree across New Jersey, recently added two locations to the… Read more
Repositioning Pays Off for PREIT in Holiday Traffic
Although not the only shopping center REIT to experience an uptick in holiday traffic over 2017 levels, PREIT may be… Read more
Faster Shipping Drives Retailer Demand for Industrial
This holiday season, retailers will continue to rely on modern distribution and fulfillment centers to meet consumer demand, particularly with… Read more
Industrial’s Building Boom Continues
Demand for modern e-commerce, distribution and manufacturing space continues to fuel a building boom in the U.S. industrial sector, says… Read more
JV Makes $83M Industrial Buy in NJ’s Exit 10 Submarket
ASB Real Estate Investments has acquired the Middlesex Logistics Center, 100% leased to List Logistics, in a joint venture with… Read more
L’Oreal R&D HQ Changes Hands in Clark
NKF has negotiated the sale of Denholtz Associates’ 108,000-square-foot flex/R&D building at 175-195 Terminal Ave. in Clark, NJ, for $15.8… Read more
MRC Lines Up Debt on New-Build Harrison MF
Madison Realty Capital has closed a $67.5-million loan collateralized by a 205-unit multifamily development project and an adjacent development site… Read more
Northbridge Taps JLL for Rebranded Western Morris Offices
JLL has been selected by Northbridge Investment Management Inc. as exclusive leasing agent for The Mark, a 264,059-square-foot office building… Read more