Somerset
Colliers Closes Sale of Somerset Offices
Colliers closed the sale of 80 Cottontail Ln., a four-story office building located in Somerset, NJ, for $4.6 million. A Colliers… Read more
Long-Term Leases Bring Somerset Industrial Park to Full Occupancy
Following the acquisition of the Cottontail Logistics Center in Somerset, NJ by CBRE Investment Management, CBRE has completed two new… Read more
NewPoint Arranges Bridge-to-HUD Loan for New Brunswick-Area Apartments
NewPoint Real Estate Capital provided a $17.75-million bridge-to-HUD loan to facilitate the acquisition of Brentwood Park, a 77-unit multifamily property… Read more
NAIDB Announces 57K SF of NJ Industrial Leases
NAI DiLeo-Bram & Co. (NAIDB) has facilitated two industrial lease agreements totaling 57,000 SF in Union and Somerset County, N.J.… Read more
Prologis Buys 47-Acre Somerset Land for Industrial Development
Prologis has bought a 47-acre land in Somerset, New Jersey. The firm plans to develop an industrial space spanning approximately… Read more
Dalfen Industrial Makes First Central NJ Acquisition, Then Leases It Up
Dalfen Industrial has acquired 401 Cottontail, a newly constructed, 99,714-square-foot industrial building located in Somerset, NJ, less than 15 miles to… Read more
Bridge Industrial Buys Class-A Industrial Property in NJ
Bridge Industrial, a private vertically integrated real estate operating company and investment manager, has announced its acquisition of 230 Belmont… Read more
EverWest, Woodmont Partner to Redevelop Somerset Offices as Industrial
EverWest Real Estate Investors, in joint venture with Woodmont Properties, has purchased a 351,782-square-foot office building and adjacent land site in Somerset,… Read more
Brookfield Fund Acquires Central NJ Development Parcels
CBRE completed the sale of two parcels within a recently-rezoned 15.29-acre site at 425-429 Elizabeth Ave. in the Central New… Read more
Rents Reach Historic Peak for NJ Office
The New Jersey office market recorded its fifth consecutive quarter of positive net absorption, driving the state’s average asking rent to an… 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
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