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EATONTOWN, NJ—Jones Lang LaSalle has completed a full-building lease transaction for Festo Didactic at 607 Industrial Way West in Eatontown, NJ The industrial education equipment and solution provider leased the entire 55,000-square-foot, Class A office property for five years from building owner The Donato Group.
CHATHAM, NJ–DTZ's Fourth Quarter 2014 Industrial Market Snapshot for Northern and Central New Jersey records robust numbers for Northern and Central New Jersey industrial markets, with strong positive absorption, including the best absorption in Northern Jersey since 2013.
NEW YORK CITY—“The legal sector is quickly coming to terms with the changing workplace environment,” says Sherry Cushman, head of Cushman & Wakefield's Legal Sector Advisory Group, which partnered with ALM on an annual survey.
COLOGNE, Germany—Bolstering its European logistics unit Logicor, Blackstone has purchased three warehouses in Cologne and Dusseldorf, all three leased to a leading German retailer.
PHILADELPHIA, PA—With the US government's recent moves to relax tensions with Cuba, the entire Caribbean region is getting new attention as investment opportunities for commercial real estate development expand, particularly in the hospitality sector, according to Alejandro (Alex) Zozaya, chief executive officer of Apple Leisure Group, holding company for a number of vertically integrated hospitality companies. Listen to our exclusive audio interview.
CHICAGO—The city has a lot of aging industrial structures but Sitex says this S. Side building has modern amenities and will be ready for lease by spring.