New Jersey

"It's a modern facility near everything downtown West Orange offers, and it benefits from the positive energy provided by thriving businesses,” says Sheldon Gross, president and CEO of Sheldon Gross Realty.

With 13 of the top 20 global biopharma companies headquartered here, the state's large, unique concentration of life sciences companies is a major advantage, points out Cushman & Wakefield.

A roundup of recent deals, leases, executive moves, and other news from the past week.

The distribution facility will be situated on 15 acres within the Northern NJ Industrial market, one of the top industrial markets in the nation.

For investors that are local to New Jersey, the Angel Investor Tax Credit Program helps emphasize community investment, job creation and economic vitality at home, says Ken Schapiro of Backend Benchmarking.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

“Funding for infrastructure and redevelopment and the explosive growth of e-commerce are just some of the factors that continue to impact the commercial real estate industry,” says Michael McGuinness, CEO of the New Jersey Chapter of NAIOP.

“This best-in-market, headquarters-quality property offers in-place, financeable cash flow combined with upside via lease-up,” says Cushman & Wakefield's David Bernhaut.