South Jersey is a valuable alternative for many customers looking to be along Interstate-95, and the location of the LogistiCenter offers tremendous access to New York City, Philadelphia, Baltimore and Washington D.C.
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Real Estate
Construction for a new cold storage facility financed for $34M
The refrigerated warehouse will be built-to-suit for FreezPak Logistics, a New Jersey-based third-party logistics company.
Read More »Larken Associates begins 2021 with two leases at Hillsborough Business Center
Superspar Packaging and Bluestar Direct LLC will be utilizing space in the 550,000-square foot, 27-building industrial/flex complex sprawled across 100 acres.
Read More »CBRE named exclusive leasing agent for Port Logistics Center at Logan
Developer J.G. Petrucci Company broke ground on the center's first state-of-the-art industrial building which is set for a late 2021 delivery.
Read More »Two from New Jersey make most ethical companies list
Prudential Financial and Realogy Holdings Corp. have been named to Ethisphere's list which recognizes companies that have demonstrated a co mmitment to ethical business practices through programs that positively impact employees, communities, and broader stakeholders, and contribute to sustainable and profitable long-term business performance.
Read More »CBRE represents Auto Lenders in $55M corporate sale-leaseback portfolio across NJ and PA
W.P. Carey, a NYC-based real estate investment trust firm, acquired the assets which are made up of seven auto dealerships, a centralized vehicle conditioning center and two office facilities totaling 170,000 square feet, net leased to Auto Lenders.
Read More »Diversified Properties bolsters tri-state area multifamily portfolio with completion of East Rutherford building
The four-story, 35-unit asset brings luxury living to the heart of Bergen County. It is conveniently located between Routes 3, 17 and 21 and is just a short ride from the MetLife Sports Complex as well as New York City.
Read More »Local artists can submit their work to don outside of new Guttenberg residential building
Professionals, middle schoolers and high schoolers can put their artwork in the running to be reproduced, mural-size, for the outside of the Green Urban building; and the winner will receive $5,000.
Read More »JLL completes 7,000-square-foot lease at 500 North Franklin Turnpike in Ramsey
Radius Global Solutions, a leading debt collection company with 14 offices nationally, signed a long-term lease for the partial third floor in the the recently-renovated property.
Read More »Bussel Realty sells Spotswood industrial building or $9.2 M
The 80,000-square-foot industrial building is located in good proximity to major highways and lies within 30 minutes drive time to Port Newark/ Elizabeth. It also features good ceiling heights and has a 5,000-square-foot-office.
Read More »Hylan adds industry veterans to executive team
Joe Cooney comes to the Holmdel-based communications solutions company as its new president of the Datacom & Electrical Division and Leon Markham has been appointed as its vice president of Business Development - West.
Read More »Colliers rebrands subsidiary, Maser Consulting, to Colliers Engineering & Design
The realignment expands the Red Bank-based firm's expertise, market knowledge and service capabilities in existing and new markets and allows it to continue exceeding client expectations in the years to come.
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