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82-Acre Industrial Site in Port Murray Changes Hands
News 2 days ago
82-Acre Industrial Site in Port Murray Changes Hands

PORT MURRAY, NJ-An 81.6-acre vacant parcel that former housed an automotive and truck parts recycling facility here for more than four decades has...

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NJ Industrial Market Ends Decade with Record Vacancies, Rents
News 3 days ago
NJ Industrial Market Ends Decade with Record Vacancies, Rents

FLORHAM PARK, NJ-The industrial market in the state of New Jersey set new records at the end of 2019 for low vacancy and high rents, according to...

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Endurance-Thackeray JV Sells Industrial Warehouse for $32.2M
News 3 days ago
Endurance-Thackeray JV Sells Industrial Warehouse for $32.2M

MOUNT LAUREL, NJ- An affiliate of Endurance Real Estate Group, which is based in Radnor, PA, and Thackeray Partners of Dallas has sold a 292,466...

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New Jersey Office Market Puts Great Recession Behind It
News 5 days ago
New Jersey Office Market Puts Great Recession Behind It

FLORHAM PARK, NJ-Commercial brokerage firm Transwestern reports that the New Jersey office market continued a string of seven straight years of...

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NJEDA Touts State’s Transportation, Logistics Sector
News 5 days ago
NJEDA Touts State’s Transportation, Logistics Sector

CLIFTON, NJ-Officials with the New Jersey Economic Development Authority took advantage of a visit to the recently expanded operations of locally...

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Gov. Murphy Lays Out ‘Jobs NJ’ Initiative
News 1 week ago
Gov. Murphy Lays Out ‘Jobs NJ’ Initiative

EAST BRUNSWICK, NJ-New Jersey Gov. Phil Murphy has unveiled his new "Jobs NJ: Developing Talent to Grow Business in the Garden State" program that...

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Nevins Promoted President of Philadelphia Industrial Development Corp.
News 1 week ago
Nevins Promoted President of Philadelphia Industrial Development Corp.

PHILADELPHIA-The Board of Directors of the Philadelphia Industrial Development Corp. has appointed current chief strategy and communications...

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Jefferson Health Looking to Sell Some RE Assets to Welltower
News 1 week ago
Jefferson Health Looking to Sell Some RE Assets to Welltower

PHILADELPHIA-Thomas Jefferson University and the health care system Jefferson Health have reached an agreement to have Toledo, OH-based real estate...

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KPR-DRA Advisors JV Acquires Central NJ Shopping Center for $32.3M
News 1 week ago
KPR-DRA Advisors JV Acquires Central NJ Shopping Center for $32.3M

MONROE TOWNSHIP, NJ-A joint venture of New York City-based DRA Advisors and KPR has acquired the 135,900-square-foot grocery-anchored Concordia...

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The Hampshire Companies, Circle Squared Complete New Mountainside Medical Center Office Building
News 1 week ago
The Hampshire Companies, Circle Squared Complete New Mountainside Medical Center Office Building

GLEN RIDGE, NJ-The Hampshire Companies and Circle Squared Alternative Investments have completed work on a new nearly 46,000-square-foot medical...

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Solix Signs 31,000 SF Lease at Parsippany Building
News 1 week ago
Solix Signs 31,000 SF Lease at Parsippany Building

PARSIPPANY, NJ-A business management outsourcing firm has signed a lease for more than 31,000 square feet of space at 10 Lanidex Plaza West here...

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Giant Food Stores to Spend $114M to Expand PA Operations
News 1 week ago
Giant Food Stores to Spend $114M to Expand PA Operations

CARLISLE, PA-Giant Foods Stores, LLC reports it intends to spend $114 million over the next 18 months to expand its operations in Pennsylvania. The...

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Normandy OZ Fund Acquires Multifamily Projects in Jersey City and Hackensack
News 1 week ago
Normandy OZ Fund Acquires Multifamily Projects in Jersey City and Hackensack

MORRISTOWN, NJ-Locally-based Normandy Real Estate Partners report its Normandy Opportunity Zone Fund, L. P. has closed on multifamily developments...

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NJEDA Seeks to Help Fill Jobs for Burgeoning Sports Wagering Sector
News 2 weeks ago
NJEDA Seeks to Help Fill Jobs for Burgeoning Sports Wagering Sector

TRENTON, NJ-The New Jersey Economic Development Authority, in partnership with the New Jersey Department of Labor and the New Jersey Division of...

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Five Leases Signed at Denholtz’s Middlesex County Flex Properties
News 2 weeks ago
Five Leases Signed at Denholtz’s Middlesex County Flex Properties

PISCATAWAY, NJ-Leasing activity has been brisk at the 140 Ethel Road West flex property here with four deals totaling more than 18,000 square feet....

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Oracle Inks 17,000 SF Lease for New Bridgewater Office
News 2 weeks ago
Oracle Inks 17,000 SF Lease for New Bridgewater Office

BRIDGEWATER, NJ-IT and cloud services provider Oracle has signed a 17,000-square-foot lease at Somerset Corporate Center 100 here. The. long-term...

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Leasing Activity Brisk at Former Ballantine Brewery in Newark
News 2 weeks ago
Leasing Activity Brisk at Former Ballantine Brewery in Newark

NEWARK, NJ-The Ballantine Industrial Center saw three new lease deals to close out 2019 that total in excess of 36,000 square feet. NAI James E....

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Visual Graphic Systems Signs Nearly 107,000 SF Lease Renewal in Carlstadt
News 2 weeks ago
Visual Graphic Systems Signs Nearly 107,000 SF Lease Renewal in Carlstadt

CARLSTADT, NJ-Visual Graphics Systems has finalized an early lease renewal for almost 107,000 square feet of space at Prologis' 330 Washington Ave....

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Philadelphia’s Office Market Stayed Strong in 2019
News 2 weeks ago
Philadelphia’s Office Market Stayed Strong in 2019

PHILADELPHIA-The office market in the Philadelphia region ended the year on a high note with lower availability and higher rents as compared to a...

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Northern NJ Office Market Showing Improvement Heading into 2020
News 2 weeks ago
Northern NJ Office Market Showing Improvement Heading into 2020

MORRISTOWN, NJ-The Northern New Jersey office market showed signs of stability and improvement at the end of 2019 positing positive net absorption,...

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Cohen Named Chairman of Gateway Program Development Corp.
News 3 weeks ago
Cohen Named Chairman of Gateway Program Development Corp.

NEWARK, NJ-Steven M. Cohen, the Trustee for the State of New York, has been appointed chairman of the Gateway Program Development Corp. for 2020....

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Lee & Associates Adds New Jersey CRE Veteran
News 3 weeks ago
Lee & Associates Adds New Jersey CRE Veteran

ELMWOOD PARK, NJ-National commercial real estate brokerage firm Lee & Associates has appointed Suzanne Kiall as director and managing broker of its...

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Construction Begins on Venture X Project in Parsippany
News 3 weeks ago
Construction Begins on Venture X Project in Parsippany

PARSIPPANY, NJ-Workspace provider Venture X commenced construction earlier this month on its new 15,000-square-foot space at 8 Campus Drive here....

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Bed Bath & Beyond Enters 2020 Under Cloud of Uncertainty
News 3 weeks ago
Bed Bath & Beyond Enters 2020 Under Cloud of Uncertainty

UNION, NJ-President and CEO Mark Tritton has promised the details of a new vision for troubled Bed Bath & Beyond in early 2020, however, the...

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Edelstein Named Co-Chair of CE Section of Scarinci Hollenbeck Law Firm
News 1 month ago
Edelstein Named Co-Chair of CE Section of Scarinci Hollenbeck Law Firm

LYNDHURST, NJ-Among a number of key leadership changes at the law firm, Scarinci Hollenbeck reports that Stephanie D. Edelstein has been named co...

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Four Newark Multifamily Properties Change Hands
News 1 month ago
Four Newark Multifamily Properties Change Hands

NEWARK, NJ-Commercial brokerage firm The Kislak Co. reports it has brokered the sale of four multifamily properties here that total 69 units. The...

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Chewy to Bring 1,000 New Jobs, 1M SF Fulfillment Center to Northeastern PA
News 1 month ago
Chewy to Bring 1,000 New Jobs, 1M SF Fulfillment Center to Northeastern PA

ARCHBALD, PA-State officials announced earlier this week that the growing online pet merchandise company Chewy will be expanding its operations in...

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Construction Completed on New West Deptford Industrial Building
News 1 month ago
Construction Completed on New West Deptford Industrial Building

WEST DEPTFORD, NJ- Novaya Foxfield Industrial LLC reports that it has completed construction and secured a certificate of occupancy for its new...

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NJ Tax Credit Awards to Seed 1,200 New Affordable Multifamily Units
News 1 month ago
NJ Tax Credit Awards to Seed 1,200 New Affordable Multifamily Units

TRENTON-The New Jersey Housing and Mortgage Finance Agency reports it has awarded more than $22 million in federal tax credits that will help...

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Strategic Funding Alternatives Acquires Mount Laurel Office-Flex Complex
News 1 month ago
Strategic Funding Alternatives Acquires Mount Laurel Office-Flex Complex

MOUNT LAUREL, NJ-Strategic Funding Alternatives LLC has added to its Southern New Jersey commercial portfolio with the purchase of the nearly 116...

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