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Welltower expands relationship with Summit Medical, purchases medical office campus in Berkeley Heights

Welltower Inc. announced Wednesday it will acquire a 43-acre, six-building, 270,000-square-foot medical office campus in Berkeley Heights for $140 million. The campus, the Toledo, Ohio-based real estate investment trust said, will be master leased by...

NKF sells $19.5M office building in Princeton

Newmark Knight Frank announced Wednesday the $19.5 million sale of an office building in Princeton on behalf of Normandy Real Estate Partners.  The property is a 113,998-square-foot, Class A building located at 1 Independence Way. The...

N.J. Realtors: Home prices are heating up, Q2 data shows

The first months of summer brought with it higher home prices and a declining inventory, according to second quarter housing data recently released by New Jersey Realtors. The median sales price for single family homes...

Colliers: Signs of decline in North, Central Jersey office market leasing

North and Central New Jersey office market leasing showed signs of slowing down in the second quarter after a solid start to the year, according to Colliers International’s New Jersey Office 2Q 2019 Market...

C&W: Fujitsu General America relocates HQ to Montville

Fujitsu General America Inc. is relocating its U.S. headquarters to Montville, according to Cushman & Wakefield. Fujitsu, a provider of ductless cooling, heating systems and VRF technology, has leased 32,000 square feet at 340 Changebridge...

NAI Mertz completes $5.2M, 3-building investment deal in Manalapan

NAI Mertz, a commercial real estate firm based in Mount Laurel, announced Tuesday it has completed the sale of three properties located within the Century Office Park in Manalapan. Totaling approximately 78,000 square feet of...

CBRE completes $146M sale of 7-property housing portfolio in N.J.

CBRE announced Tuesday the $146 million sale of a seven-property portfolio located in East Orange, Newark, Asbury Park and Trenton. The Northern/Central New Jersey Workforce Housing Apartment Portfolio, CBRE said, is a collection of high-rise...

Monmouth Real Estate acquires 350K sq. ft. industrial building for $25.5M

Freehold-based Monmouth Real Estate Investment Corp., a public equity REIT, announced Friday it has acquired a 350,000-square-foot industrial building for $25.5 million. The building, located at 5440 Haggerty Lane in Lafayette, Indiana, is situated on...

Transwestern to serve as broker for Cedar Knolls property

Transwestern Commercial Services announced recently it has been retained as the exclusive broker for an industrial property in Cedar Knolls. Renamed to Morristown North Commerce Center, the two-story property at 45 Horsehill Road is a...

NAI Hanson facilitates 3 office leases in Parsippany

NAI James E. Hanson, a commercial real estate firm, announced Thursday it has completed three office leases in Parsippany. The leases, all located at 111 Littleton Road, totaled 8,601 square feet. NAI Hanson's Josh Levering and...

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Merck completes acquisition of EyeBio for up to $3B

Rahway-based Merck on Friday said it completed its previously announced acquisition of Eyebiotech Ltd. for $1.3 billion upfront and up to another $1.7 billion...

Connecting World Cup to community comes in different touch points

When more than 700 kids got a chance to run onto the field at MetLife Stadium on Wednesday for a youth soccer clinic, there...

Provident strengthens health care lending team with addition of senior relationship manager

Provident Bank said Thursday that Vik Venkataraman has joined the organization as a senior relationship manager to lead the Iselin-based financial institution's expansion in...

Walmart constructing new 700K sq. ft. distribution center in Pilesgrove by 2027; will bring...

Walmart recently announced the construction of a new high-tech perishable distribution center in Pilesgrove. The 700,000-square-foot facility will begin operations in 2027, bringing approximately...

TD Bank creates community advisory board to manage $20B Impact Plan

Cherry Hill-based TD Bank recently announced its Community Impact Plan, an initiative to further its commitment to community empowerment and economic growth. The three-year...