PRINCETON, NJ-A big European-based satellite company searches for a new space to consolidate its U.S. headquarters, but ultimately decides to extend its current lease and give up 50,000 square feet.
LINDENWOLD, NJ-Rents are up in some southern New Jersey communities, luring investors, Gebroe-Hammer tells GlobeSt.com. In Philadelphia, distressed properties in a good location lure a buyer with plans to renovate.
MARLTON, NJ-Three new leases for medical offices at a building owned by the Rothman Institute orthopedics practice here have been signed. Rothman now operates 22 offices in the Philadelphia metropolitan area.
PARSIPPANY, NJ-The office market was overall flat in 2012 and doesn't look lively for 2013, says Jones Lang LaSalle. Newark and the waterfront are cited as exceptions.
JERSEY CITY, NJ-There was a great deal of interest from lenders in financing an office building leased to Merrill Lynch, situated at Exchange Place transit center.
WEEHAWKEN, NJ-Construction has begun on a new ten-story building at the complex, part of Mack-Cali's aggressive push into the multi-family market following its acquisition of residential developer Roseland.
EAST NORRITON, PA-A structured deal brings in a large private equity fund as a partner in a building next to the new Einstein Medical Center hospital in this Montgomery County suburb.
CLIFTON, NJ-The company tells GlobeSt.com it has now gained full control of its two-building site here and is moving to create a campus that meets the highest security requirements.