New Jersey

The long-promised lawsuit filed by New York State Attorney General Barbara D. Underwood specifically points to the federal tax reform law capping the SALT deduction at $10,000 as damaging to state taxpayers. The litigation was joined by the attorneys general of Connecticut, Maryland and New Jersey.

560 Broad Street lies in the heart of Newark's Central Business District within walking distance of NJ Transit's Broad Street Station

The market's diversity was on display during the quarter, as companies from various industries, including retail, manufacturing, life sciences, insurance and telecommunications, signed large office leases, say Transwestern's Matthew McDonough and Matthew Dolly.

There were approximately 303,656 square feet of new leases and renewals executed in the three counties surveyed (Burlington, Camden and Gloucester), a gain of about 10% over the previous quarter, says WCRE's Jason Wolf.

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

“Each of these Monmouth County class-B properties is poised for value-add enhancements and are among the most attractive asset class for investors, particularly since they account for almost 64% of the Central Jersey metro's total inventory,” says Gebroe-Hammer's Adam Zweibel.