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WEST PATERSON, NJ-The global specialty chemicals and materials maker will stay at Mountain Development's Garret Mountain Plaza, which was first developed in 1982 and stands at 100% occupancy. They signed a long-term lease.
BRIDGEWATER, NJ-The software development company is planning to take space in an 80,000-sf spec building recently completed by Advance Realty. Quick turnover of spec space has become common in this tight market.
EDISON, NJ-The grocery chain, which recently returned to the New Jersey market with the conversion of Edwards' supermarkets, has signed on for over 32,000 sf in a Brunelli-arranged transaction.
EAST RUTHERFORD, NJ-The range of companies signing or re-signing for space in a recent flurry of deals is an indication of the diversity of current transactional activity in the Garden State.
EDISON, NJ-These latest deals, all tenant expansions, total more than 90,000 sf of office and industrial space. The tenants are Intertek Testing Services, Chancellor Corp. and Wytech Industries.
SOUTH PLAINFIELD, NJ-Xebeo will use the 32,000-sf location as its corporate headquarters and electronic lab space after Cushman & Wakefield brokers a deal at the Lincoln Equities office property.
RAHWAY, NJ-As part of an ongoing portfolio expansion, the two New Jersey-based companies are acquiring two Center City office towers on JFK Boulevard totaling more than 470,000 sf of space.
JERSEY CITY-With a 0.41% vacancy rate, this market is more than ready for 1.1 million sf of spec space, but don't expect it to stay spec for very long.
EATONTOWN, NJ-A phone service reseller has signed on to occupy space in an industrial park vacated by a tech firm in a deal brokered by the Schulz Organization.
WOODBRIDGE, NJ-The states of New Jersey, Connecticut and Massachusetts are being represented in a package of transactions, with four New England properties, as they are tied up as a single sale.