Real Estate

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Gonsosa Development plans for new multimillion dollar redevelopment project in Elizabeth

Gonsosa Development has planned for a new multimillion dollar redevelopment project in the Elizabeth neighborhood of Frog Hollow, the commercial real estate company announced Tuesday. The project, which calls for the construction of 23 two-family...

Transwestern: N.J.’s office market hit record levels this quarter

New Jersey's office market hit record levels this quarter, according to Transwestern Commercial Services' Second Quarter 2019 Office Market...


Parsippany office property fetches $3.5M

A Parsippany office building has sold for $3.5 million, Colliers International announced Tuesday. The 30,459-square-foot, multitenant property at...

WIP leases 519,521 sq.ft. industrial property to XPO

Woodmont Industrial Partners, a Fairfield-based developer and owner of industrial properties, announced Tuesday that XPO Logistics Inc. has leased...


Everest Reinsurance Co. relocates U.S. HQ to Warren

Everest Reinsurance Co. has relocated its U.S. headquarters from Liberty Corner to Warren, according to an announcement on Tuesday by joint venture...

NKF inks $32M sale of Class A office in Eatontown

Commercial real estate advisory firm Newmark Knight Frank announced Tuesday the $32 million sale of a Class A office in Eatontown. The 138,163-square-foot property located at 250 Industrial Way West is currently leased to communications systems...


CBRE: N.J.’s office market remained steady despite lack of leasing activity

New Jersey's office market didn't change much in the second quarter, despite a lack of leasing activity, according to CBRE's Q2 2019 office report. The report found net absorption was positive for the third consecutive quarter ending the second...

N.J.’s apartment market reveals impressive resiliency, Gebroe-Hammer says

The apartment market in New Jersey revealed impressive resiliency the first half of 2019, according to Gebroe-Hammer Associates. The...


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