EAST RUTHERFORD, NJ–After a strong first quarter, Cushman & Wakefield reported, both northern and central New Jersey now have warehouse/distribution vacancy rates of less than 8%. Average rent rose to more than $6 per square foot for the first time in five years.

MORRISTOWN, NJ-Northern New Jersey's office market was bolstered by big deals made with Grow NJ incentives in the first quarter, but a flurry of smaller and medium-sized deals in central New Jersey cut the vacancy rate to below 19% there.

MORRIS PLAINS, NJ–Local investor and redeveloper JMF Properties Group has acquired the Morris Business Campus here for repositioning in a $6.85 million sale arranged by Colliers International..

TRENTON, NJ–Special bonus tax credits for several manufacturing and technology companies were awarded Tuesday by the Economic Development Authority to entice the companies to stay or grow in New Jersey..

HOBOKEN, NJ-Today work will begin on Bijou Properties' new environmentally-sensitive apartment building adjacent to the 9th Street Light Rail station.

MARLTON, NJ-Office leasing in southern New Jersey was up by more than 25% in the first quarter compared to last year, says WCRE.

PARSIPPANY, NJ-Inquiries and interest in Garden State office space are on the rise, reports Colliers International - especially in Jersey City.

BRIDGEWATER, NJ–Cassidy Turley brokered a deal so its client Nistica could grow in place, adding space to develop prototypes for new products.