LG opens 410K sq.ft. distribution center in E. Windsor
(Editor's note: This report was updated Nov. 22 with additional information.)
LG Electronics has opened a 410,300-square-foot distribution center in East Windsor, bringing an expected 50 new jobs to the township, according to a recent...
Don’t close branches, rethink their role in the neighborhood
As technology overtakes the banking sector, so reasons evaporate for people to actually walk through the doors of a bank branch.
And the effect of that is already clear. Almost 2,000 bank branches were shut...
Camber, Advance buy 529K sq.ft. Pine Brook industrial site
A joint venture partnership of Camber Real Estate Partners and Advance Realty has acquired a four-building Pine Brook property, with plans to reposition the light industrial facility, it announced recently.
A source with knowledge of...
Clinton St. property in Newark sells for $1.8M
Property owned by Newark Public Schools and the Newark Teachers Union has sold for $1.8 million.
The buyer is not being disclosed, according to CBRE Tri-State Investment Properties, which handled both sides of the deal.
Charles...
Levin’s retail survey finds hope for strong holiday season
Levin Management Corp.’s retailers are anticipating a strong holiday season, according to its Pre-Holiday Retail Sentiment Survey.
The North Plainfield commercial real estate firm with a 100-property, 14 million-square-foot shopping center portfolio found 62.4 percent...
Gateway Project hits milestone with S.J. Gas topping-off
The $220 million Atlantic City Gateway Project celebrated another milestone Wednesday afternoon with a topping-off ceremony for the new headquarters of South Jersey Gas that drew numerous dignitaries from around the city and county.
“Today,...
Large-format printer leases space in S. Hackensack
A large-format printing company is coming to South Hackensack.
KDF Inc. will lease 10,674 square feet of space at 61-65 Worth St., announced NAI James E. Hanson, which arranged the deal.
The Rockleigh-based company specializes in...
Gebroe-Hammer arranges $89M worth of multifamily sales
Gebroe-Hammer Associates has sold three properties totaling nearly 900 units for nearly $88.9 million combined.
“In general, no new competitive stock has been introduced in South Jersey during the past 18 to 24 months, nor...
Prologis building 540K sq.ft. distribution hub for Allied Beverage
Allied Beverage Group and Prologis Inc. are set to build a new distribution center in Elizabeth.
The beverage company headquartered in Carlstadt signed a long-term lease agreement for the 33-acre property on Kapkowski Boulevard.
“We are...
Weichert creates property management firm
The Weichert Family of Cos. has announced a new property management company.
Weichert Property Management is building on the Morris Plains company’s more than 30 years of experience providing in-house property management services to thousands...
