New Jersey

“Strong investor interest in new construction, vacant-forward sales, and institutional buying off of I-95 speaks to the depth of demand for all things industrial in New Jersey,” says Gary Gabriel, executive managing director, Cushman & Wakefield.

"While many of our municipalities' downtowns have seen an increase in interest and investment over the past several years, many others are still in desperate need of commercial revitalization," says Courtenay Mercer, DNJ executive director.

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

“The construction supply industry is booming, and our client's business is growing exponentially,” says Cushman & Wakefield's Jason Barton, who also recently assisted HD Supply in a lease renewal in North Bergen, NJ.

“This was an opportunity to acquire a fully leased building in a very tight, Exit 8A submarket that has seen significant rental rate growth in the last 24-36 months,” says Evan Lippow, vice president of investments at CenterPoint.

Nearly two-thirds of participants in Levin Management's retail survey say it has become harder to find qualified candidates for jobs they are trying to fill, and employee pressure for higher wages and better benefits is rising.

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

Riverfront Square will transform one of the downtown area's most important sites into a thriving 24/7 community.