“For growing companies in the northern New Jersey market, it is often hard to find inventory for sale that is not overpriced and actually offered at its intrinsic value,” said Randy Horning, who represented the seller along with Darren Lizzack.

The complex is leased to FedEx Ground Package Systems Inc.

The commercial and industrial real estate firm secured deals for a manufacturer moving some production from China to the U.S.; an extract company that supports the food, beverage and supplement industries; and an appliance distributor.

Highview Industrial Park is comprised of 26 buildings and approximately 1.2 million square feet.

The New Jersey Economic Development Authority will provide $200,000 to launch the Center and New Jersey Institute of Technology will provide quarterly updates on the use of funds and progress.

In Q4 the firm signed a full-property, seven-year lease with LG Electronics in Franklin Township.

According to Extell Development Co., the oceanfront condominium at the Jersey Shore is more than 85 percent sold.

The 2,000-square-foot store will also feature a collaboration with Little City Books and Park & Bloom floral design.

The Italian restaurant joins retailers including Petco, Dollar Tree and T-Mobile at the Levin Management Corp.-managed center.

In New Jersey, almost every city analyzed saw rents go up throughout 2019.

First Vice President Dan Casey will head the team and oversee the campaign on behalf of PAG Investments.