New Jersey
Fast-Growing Storage Startup Leases IDI’s 8A Spec
Storage and moving services startup Clutter has inked a full-building lease with IDI Logistics at the newly-constructed 1065 Cranbury South… Read more
Industrial Market Sees Increased Absorption Activity in Secondary Corridors
Transwestern’s national industrial report for the second quarter of 2018 revealed that 37 of 47 markets posted positive absorption for… Read more
First Major Theme Park Development in Northeast Unveiled
U.K.-based Merlin Entertainments unveiled plans for a 150-acre Legoland NY Resort, a family theme park in Goshen, NY. Legoland New… Read more
Ralph Lauren Will Move NJ Hub to Prism’s ON3 MXU
Ralph Lauren Corporation has signed a full-building, 255,000-square-foot lease at Prism Capital Partners’ ON3 in Nutley, NJ. The lifestyle brand… Read more
CA Logistics Firm Enters NJ Market with Warehouse Buy
Kal Freight is entering the New Jersey market with its acquisition of 15 Rte. 173, a 30,000-square-foot warehouse in the… Read more
PGIM Says Industrial, MF Lending Strong, Originates $8.1B Overall CRE Financing H1
Newark, NJ-based PGIM Real Estate Finance reported it originated $8.1 billion in commercial mortgage financing in the first half of… Read more
Automotive Tool Firm Swaps Subtenancy for Full Building
Integrated Supply Network (ISN) has transitioned from a 40,000-square-foot subtenancy to occupy the entire 86,000-square-foot space at Terreno Realty’s 70… Read more
NKF Team Inks 3 Deals at Grande Commons
NKF has arranged three new office leases at Grande Commons at 440 Route 22 East in Bridgewater, NJ on behalf… Read more
Logistics Space Offers Rare Opportunity in Meadowlands
Cushman & Wakefield has been named leasing agent for 7300 West Side Ave., a prime North Bergen, NJ industrial asset… Read more
NAI Hanson Brings CityLife Clinic to New Build in Newark
NAI James E. Hanson has represented Ampersand Health in securing a location to provide full primary medical services at Tucker… Read more
Avanath Capital Expands East Coast Footprint
Avanath Capital Management, LLC acquired two affordable multifamily properties totaling 273 units for $29.36 million. The assets include Menlo Manor… Read more
Volkswagen Re-Ups at 300 Tice in Woodcliff Lakes
Hudson Equities has secured a five-year renewal of Volkswagen Group of America’s 12,000-square-foot space at Hudson’s 300 Tice Boulevard in… Read more
Specialty Pharma HQ Trades to P3 in Bedminster
P3 Properties has purchased Somerset Financial Center in Bedminster, NJ from Related Companies. A Cushman & Wakefield team of Kevin… Read more
Canadian Trio Forms Investment JV for $1B US Industrial Play
WPT Industrial Real Estate Investment Trust, Canada Pension Plan Investment Board (CPPIB) and Alberta Investment Management Corporation (AIMCo) formed a… Read more
Beverage 3PL Firm Leases Bulk of Edison Warehouse
Gordon Logistics, a 3PL provider serving major wine importers, alcoholic beverage and food wholesalers and distributors, has signed a long-term,… Read more
RED Capital Does $245M in Q2 Deals
RED Capital Group, based in Columbus, OH, closed $245.27 million in transactions during the second quarter of 2018. The firm’s… Read more
B6 Brings Industry Veteran Simon Aboard for NJ Ops
Investment sales brokerage B6 Real Estate Advisors, led by industry veteran Paul Massey, has named David A. Simon (pictured) as… Read more
HFF, Transwestern Arrange Boutique Office Sale in Morristown
HFF and Transwestern arranged the $5-million sale of 62 Elm St., a 20,000-gross-square-foot office building in downtown Morristown, NJ. The… Read more
Addison Warehouse Fully Leased 4 Months After Acquisition
Wholesale supplier JDS Industries has signed a long-term lease on 350 S. Church St. in Addison, IL, and is relocating… Read more