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'Tax rebates to individuals have not yet succeeded in prodding an increase in consumer spending.'
ORANGE, NJ-The deal comes as seller Lincoln Mayflower shutters its 95-year-old moving and storage business.
EAST RUTHERFORD, NJ-Despite a global construction slowdown, the seven-story, 126-suite hotel is up and running.
BORDENTOWN, NJ-The third-party logistics firm signed a multi-year lease that brings the property's first 142,000-square-foot building to 100% occupancy.
EDISON, NJ-Sheldon Gross Realty locked down the 7,381-square-foot transaction.
'REITs will have a terrible year in 2009 and those that are around in 2010 will experience further consolidation.'
'The cessation in lending was a wake up call for the commercial real estate industry.'