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HANOVER, PA—In the wake of its recent Chapter 11 bankruptcy filing, clothing retailer Delia's Inc. has retained A&G Realty Partners to manage the sale of its 71 retail store leases and the fee owned 435,765-square-foot distribution center in Hanover, PA.
WASHINGTON, DC—Herman Miller has signed an 11-year lease at the building, following the 40,000-square feet that Simpson Thacher & Bartlett LLP is taking for 15 years.
WASHINGTON, DC—The Commercial Real Estate Financial Council and Trepp surveyed insurance companies about their investment performance for the first six months of 2014.
CHATHAM, NJ–Rents increased in Northern New Jersey in 2014, but availability also rose, according to DTZ's Fourth Quarter 2014 Office Market Snapshot for Northern and Central New Jersey. In Central New Jersey, rents eased slightly, but availability also declined.
A number of sales transactions have taken place in recent weeks including a 76-unit multifamily property in Fort Lee, a foreclosed six-story building in Union City, and the arrival of French skin care company Caudalie in a Carlstadt industrial.
MADISON and CHATHAM, NJ – HFF has closed the largest land sale in New Jersey, a 205.6-acre parcel that is part of the larger Giralda Farms complex located in Madison and Chatham, NJ.