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AVENEL, NJ–O'Neill Logistics has leased an 82,250-square-foot warehouse and distribution property at 6AB Terminal Way in Avenel. The property is adjacent to O'Neill's headquarters and effectively doubles its local operation. Cushman & Wakefield did the deal.
Among recent transactions in the New Jersey market, Queen Latifah and her real estate partners are unloading a historic firehouse in Jersey City, and NAI Mertz brokered a large industrial sale in Burlington.
SAN JOSE, CA–The $37.5 million acquisition encompasses a two-building campus at 5300-5350 Hellyer Avenue that is 100% NNN leased through May 2022 to Cobham Electronic Systems.
WASHINGTON, DC—Seeking to capitalize on what CEO Andrew Florance calls “the $2-trillion US multifamily asset class,” CoStar plans to operate Apartments.com and Apartment Finder as distinct, complementary brands.
NEW YORK CITY—The last available space—a full 25,401-square-foot floor—was leased by existing tenant IBM, growing its footprint in one of Midtown South's newest office towers.
NEW YORK CITY—Two CBRE teams won the association's top two “Ingenious Deal of the Year” awards while a group from Savills Studley earned third place recognition.
SAN BERNARDINO COUNTY, CA—Larry Vaupel at the San Bernardino County Economic Development Agency explains why the unprecedented job growth and pent-up demand in the county is luring retailers in this EXCLUSIVE interview for ICSC RECon '15.