OAK BROOK, IL-Riding the trend of triple-net-leased properties fetching highly motivated buyers, a New Jersey firm has sold a dozen Walgreens-occupied buildings to Inland Real Estate for $60 million.
EDISON, NJ-Mack-Cali CEO talks about the REIT's aggressive move to the multi-family sector with GlobeSt.com's Antoinette Martin in advance of his appearance on the RealShare NJ Power Panel Sept. 17.
CRANBURY, NJ– Cushman & Wakefield handled the $98M trade of the Pearson Education facility here for Exeter Property Group which had bought it only two years ago for $80M.
CHERRY HILL, NJ-After extensive renovations, the joint venture of Bergman Real Estate and Time Equities have secured a benefits group as a tenant of their office property on Haddonfield Road here.
TRENTON, NJ-Gov. Christie sent the incentives bill back to lawmakers this morning with a few tweaks that are expected to be acceptable so that the bill will pass quickly.
HAMILTON, NJ-Questions have been raised about two other firms violating pay-to-play rules in Hamilton Township, in the same way Birdsall Engineering did. The company has admitted to violating laws, but some of its executives are fighting charges.
VOORHEES, NJ-Woodmont Properties is expanding its operations to develop, build and manage apartment communities owned by other real estate companies, It will reposition The Abitare for Lowe.
SADDLE BROOK, NJ-Although considerable office space hit the market in the second quarter, raising the vacancy rate to 21.5%, CBRE says it showed overall strength buyoed by the health care sector.
ATLANTIC CITY, NJ-Trump Entertainment's two remaining casinos here, the Taj Mahal and Trump Plaza, have both suffered severe recent declines in gambling receipts, so there will be employee layoffs.