Washington Township medical office building fetches $14M (updated)
Avison Young arranged the sale of more than 70,000-square-foot South Jersey property.
JLL facilitates 100K-square-foot Princeton submarket office property sale
Since it was built in 1991, the three-story Crossroads Corporate Center, which sits on 45 acres, has undergone several renovations.
38K-square-foot Roszel Square life sciences facility OKed for ‘Einstein’s Alley’
The build-to-suit development from a joint venture of Mountain Development Corp. and Gottesman Real Estate marks the second collaboration in the market for the partners.
Hackensack multi-building industrial property lands $11M refinancing
The STRO Cos. worked with a local lender to secure the loan for the 81,000-square-foot multi-building site.
Newark puts out call for equitable growth housing initiative
The Brick City issued a Request for Qualifications seeking experienced participants to further a major new program to help increase affordability and build wealth for residents while expanding opportunities for Minority/Women-owned Business Enterprise (MWBE) developers and contractors, and providing jobs and job training for locals.
Coldwell Banker Realty appoints new president and CEO
Kamini Lane most recently served as brokerage president for Sotheby's International Realty.
It’s a go: One Westfield Place redevelopment gets council approval
According to the mayor, the project will deliver $400 million in private investment to the downtown, allowing for $54 million in public improvements and providing $214 million in PILOT revenue over 30 years “to stabilize and potentially lower taxes over the long term.”
Industrial sector settles into another new normal
The NAIOP Industrial Space Demand Forecast, which projects national demand for industrial space, characterizes the outlook for the sector as “bright.” In New Jersey, while that assessment holds true, it’s worth noting that the forecast is tempered from what it had been in recent years.
More EVs means more reasons to add chargers to your property
As of June 2022, the NJBPU reported there were 80,583 electric vehicles registered in New Jersey. A decade ago, the number was 265. And that number should continue climbing.
Levin launches 2nd spec industrial building in 12 months
The Plainfield firm is at work on a 78,000-square-foot building in Piscataway.
Signature Acquisitions adds 120K-square-foot Warren office, retail site
The recently developed pad site at the property is the only approved drive-thru in the Somerset County municipality, according to Cushman & Wakefield, and will house a Dunkin' Donuts with the potential to add other users.
Exchange Place Alliance shifts quarters in Jersey City
The group said March that it leased 900 square feet of office space at 239 Washington St. for at least three years.