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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
Secaucus, NJ-based Hartz Mountain has previously stated while in contract for the property that it plans to demolish the more than 413,500-square-foot complex and develop warehouse and distribution space at the site.
LinkedIn, a subsidiary of Microsoft Corp., signed a 25-year lease at One Wilton Park. Construction commenced on the nine-story office building in June 2018.
The property, developed in 2013 as a build-to-suit for Endo Pharmaceuticals, has a full-service cafeteria, fitness center, coffee bar, training rooms, and a data center.
“These projects are the result of collaboration among stakeholders that are committed to equitable, inclusive economic development that contributes to improved quality of life for all New Jerseyans,” says NJEDA CEO Tim Sullivan.
The Silverman Group, a family-owned and operated private equity and real estate development organization based in Basking Ridge, NJ, is growing its Atlanta industrial holdings.
The new Seoul office is Toronto-based Avison Young's 85th office globally, and is an additional step in the firm's ongoing aggressive global growth and expansion strategy. Full operations in Seoul will begin on Nov. 1, 2018, company officials state.
The ICSC has signed a full-floor lease for its global headquarters totaling 44,100 square feet at Mitsui Fudosan America's 1251 Avenue of the Americas.