Real Estate

ReadySpaces Saddle Book
Feb 8, 2022

ReadySpaces opens largest warehouse yet in Bergen County (updated)

Seeking to expand its presence in the Tri-State area, the company offers turnkey spaces to small and growing businesses.

22 Abeel Road in Monroe Township in a light industrial facility featuring office space. - NAI FENNELLY
Feb 8, 2022

Light industrial building in Monroe fetches $3.8M, NAI Fennelly says

NAI Fennelly, which represented seller Shima Seiki in the sale of the 27,863-square-foot property to Aplomb Technologies, announced the transaction on Feb. 8.

The amenity lounge at 351 Marin in Jersey City.
Feb 8, 2022

Jersey City’s 351 Marin sees leasing surge in first 3 months

According to The Marketing Directors President Jacqueline Urgo, the velocity at the Powerhouse Arts District-located property "is at pre-COVID levels as residents are clamoring for an elevated lifestyle experience in a dynamic, well-connected neighborhood.”

Feb 7, 2022

Carlstadt industrial building sells for $2.7M

According to Marcus & Millichap, which arranged the sale, the 8,700-square-foot property was renovated in 2019.

Marta Person Villa, senior vice president retail services, CBRE.
Feb 7, 2022

Villa returns to CBRE as Retail Services SVP

Among her noteworthy deals, Marta Person Villa was responsible for the sale of an 11-acre Wall Township site to Mega Holdings LLC, which was developed into a 60,000-square-foot grocery-anchored center on Route 35.

Feb 7, 2022

Englewood Cliffs office building property sells for $10.5M

Coldwell Banker Commercial represented the seller in the disposition of a core asset multi-tenant building at 400 Sylvan Ave.

Governor Morris Office Center is a 76,308-square-foot office property located at 25 Lindsley Drive in Morristown.
Feb 7, 2022

CushWake arranges sale of Morristown’s Governor Morris Office Center for $9.7M

“25 Lindsley Drive offered investors the opportunity to procure an office property with true value-add potential,” said Cushman & Wakefield's Andy Schwartz, who was part of the team that represented the seller in the tranasaction.

NJBIZ Editor Jeff Kanige speaks with DIGroup Architecture President Vince Myers on Jan. 31, 2022.
Feb 7, 2022

NJBIZ Conversations: Vince Myers

The DIGroup Architecture president discusses the business, the state of the market, his outlook for 2022 and some of the persistent challenges faced by minority-owned firms.

Feb 7, 2022

Recipe for success

New Jersey’s industrial market is hot. With vacancy and availability rates low, rents are going up and space is still in demand.

Feb 7, 2022

Just throwing this out here

Lawmakers and the Murphy administration are considering a series of moves that could revitalize the recycling business.

Feb 7, 2022

A blueprint for growth

DIGroup Architecture traces its roots to a group of small firms that banded together to work on school projects at a time when such work was mainly handled by larger competitors.

Feb 7, 2022

The state’s top commercial real estate deals in January

Sanofi’s North American headquarters was sold to California investment firm AVG Buyers for $260.65 million, CBRE announced Jan. 24. The transaction was New Jersey’s largest deal announced last month.