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LYNDHURST, NJ-PCF Inc. will use the space for warehouse and distribution purposes after a transaction arranged by NAI James E. Hanson and Strategic Alliance Partners.
CLIFTON, NJ-The REIT boosts its Garden State portfolio to the 11 million-sf mark after paying $9.8 million for the 100%-leased distribution center in North Jersey.
EAST RUTHERFORD, NJ-C&W's 3Q report for North and Central Jersey shows absorption up, the vacancy rate virtually unchanged, sublease space falling slightly, but rents still on the decline.
PARSIPPANY, NJ-David Cronheim Mortgage was the correspondent and servicing agent for the funding, which carries a 10-year term with 25-year amortization. The loan covers a 214-unit complex here.
ROSELAND, NJ-One of the sites will be turned into a Home Depot distribution facility, while the other will become part of a state park. Coldwell Banker Commercial Feist & Feist Realty Corp. put the deals together.
BERNARDS TWP., NJ- The buyer, a local investor, has leased the entire building to an insurance company that will use it as its new headquarters. Colliers Houston and GM Realty Advisors arranged the deal.
JERSEY CITY, NJ-While the 577,575-sf class A asset moves into the portfolio iStar Financial, the REIT still owns more than three million sf at Harborside Financial Center and has room for additional space.
WEST DEPTFORD, NJ-The package consists of 15 office/warehouse buildings within the two million-sf Mid-Atlantic Corporate Center. The transaction represents Cobalt's first incursion into the South Jersey/metro Philadelphia market.
WOODBRIDGE, NJ-Some 500 real estate professionals are expected to attend the second annual event, which is being held Thursday at the Woodbridge Sheraton Hotel.
ROCKAWAY, NJ-The signing, at Lincoln Equities' Rockaway 80 Corporate Center, marks an 11,000-sf expansion of the pharmaceutical company's existing North American headquarters location.