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PRINCETON, NJ-A range of tenants, from a top financial brokerage to a battery manufacturer, sign on at the 16-building, the class A Carnegie Center, which has the rights to develop another two million sf.
MONTVILLE, NJ-While the office market in New Jersey has leveled off and put some space back on the market, industrial properties continue to sizzle with leasing and sales activity.
FRANKLIN TWP., NJ-Bergman and Grand Realty team up for their second asset purchase in recent months. Grand Realty has acquired five properties over the last 12 months.
EAST WINDSOR, NJ-Commonwealth Business Media, once part of Primedia, will occupy its new 20,000-sf space by early next month when tenant fit-out work is completed.
EDISON, NJ-This latest transaction caps a series of moves and deals that brought the building back to 97% occupancy and raised its market value by nearly 25%.
FRANKLIN TWP., NJ-Bergman Real Estate and Grand Realty acquire 64,000-sf institutional facility, and will continue extensive renovation effort initiated by the previous owner. Cushman & Wakefield represented the seller, Lincoln property.
NEWARK-JEMB Realty project, the conversion of an old 180,000-sf jewelry factory, gets a floating rate loan in a transaction arranged by Holliday Fenoglio Fowler's bi-state offices.
MANSFIELD TWP, NJ-A local development partnership has re-activated plans for the high-tech/flex project, now named Riverwood Park, with 11 building sites being actively marketed. Only the construction of a 24,000 sf structure has been achieved to date.
BRIDGEWATER TWP., NJ-An agreement worked out between local officials and SJP Properties will give the community a new municipal home and SJP the right to build another 360,000 sf of office space.
MORRISTOWN, NJ-Former Vail Mansion, built by the first president of AT&T, will be reborn as a 101-key boutique hotel with the addition of two new wings and 100,000 sf.