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S. Jersey industrial market keys Philly area, C&W says

Positive absorption in Philadelphia’s industrial market, which includes South Jersey, contributed to vacancy declines for the year, according to Cushman & Wakefield’s fourth-quarter 2017 Industrial MarketBeat study. “The Philadelphia industrial market’s overall vacancy rate declined...

E. Brunswick retail center sells for $25M

Holliday Fenoglio Fowler L.P. announced the $25.4 million sale of a 117,000-square-foot, grocery-anchored retail center at 50 Race Track Road in East Brunswick. HFF marketed the property on behalf of the seller, a partnership between...

Younger residents push housing demand in Trenton

Greater Trenton, a nonprofit dedicated to economic revitalization in Trenton, has released a study stating that younger singles and couples representing 68 percent, or the largest share, of the new downtown housing market. The study...

‘Adventure park’ opens new location in Milltown

An Urban Air Adventure Park location has opened in Milltown, as confirmed by Colliers International, which facilitated the deal. The family entertainment center leased 24,000 square feet at Ryders Crossing Shopping Center, 396 Ryders Lane. Colliers’...

In call, Amazon tells Newark 1st rule of 2nd phase: Quiet

The most public economic development contest in recent history — the nationwide battle that produced outlandish marketing stunts in an attempt to get Amazon’s attention and land its second headquarters and the $5 billion investment that goes with it — is going quiet.  At least, that was...

Bussel closes 2 industrial real estate deals in Hillside

Real estate services firm Bussel Realty Corp. announced Monday that CNC Warehousing has leased two industrial spaces in Hillside. CNC Warehousing, according to BRC, leased 26,000 square feet at 487 Hillside Ave. and 17,500 square...

CBRE brokers sale of warehouse in Edison

CBRE National Partners has announced the sale of a nearly 370,000-square-foot, single-tenant industrial warehouse facility in Edison. The property, located at 1 Truman Drive, was acquired by Liberty Property Trust for an undisclosed amount. Brian Fiumara,...

Green Lawn Fertilizing leases property in Voorhees

Pennington’s Green Lawn Fertilizing has signed a lease for 1202 Haddonfield Berlin Road in Voorhees, according to Wolf Commercial Real Estate, which facilitated the deal. WCRE represented Cornerstone Development of Gibbsboro in exclusive leasing and...

Gyms remain active tenant category in Central Jersey

North Plainfield commercial real estate company Levin Management Corp. reported recently that gyms, in a range of price points and sizes, are one of its most active tenant categories in terms of leasing retail...

West Orange office building fetches $8.8M

Marcus & Millichap confirmed the $8.8 million sale of 414 Eagle Rock Ave., West Orange, according to Brian C. Hosey, regional manager of the firm’s New Jersey office. “Skyline Plaza provided an opportunity for quality...

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$10M gift to NJPAC launches Colton Institute for Research and Training in the Arts,...

A $10 million gift to the New Jersey Performing Arts Center will lead to the creation of the nation's first-ever research hub and incubator...

RBH Group announces $21M sale of industrial brownfield property in Newark

A brownfields property and industrial manufacturing facility in the Ironbound district of Newark that was successfully transformed into an environmentally safe, entrepreneurial and green...

Tilley and Phoenix partnership creates global distributor of value-added ingredients in regulated markets

Norwood-based Phoenix Aromas and Essential Oils, a leading global distributor of flavor and fragrance ingredients and compounds serving the food and beverage, personal care,...

The Shop restaurant is coming to Chatham Plaza in Chatham

The Shop, a locally-owned Italian restaurant and pizzeria, is coming to Chatham Plaza on Main Street in Chatham, according to an announcement from North...

Six retail lease signings inked for Centurion Union Center

Landmark, the real estate developer behind the series of Centurion rental communities, on Thursday said six new retail leases have been signed in the...