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UNION, NJ-Yes, Virginia, there is new office construction. A pair of smallish class A office buildings are moving ahead, market conditions notwithstanding.
TOTOWA, NJ-Russo Development's latest, the one-story 50 Madison Rd., is slated for delivery in Q1 of 2009.
PARSIPPANY, NJ-The food processor takes the space at Ohio STRS' 260,000-sf Morris II building in the wake of its acquisition of Post.
ROCKAWAY, NJ-A regional investor group now owns the 104,549-sf retail strip, picking it up for just more than $16.1 million.
CARTERET, NJ-A Hampshire Cos. fund now owns the 299,625-sf 2-8 Germak Dr., recently leased to electronics retailer P.C. Richard.
HACKENSACK, NJ-The latest group of deals at the Normandy-owned complex include three new tenants and several renewals.
MOUNT LAUREL, NJ-Starwood's Aloft brand will flag the Delco Development-owned property, slated to open in a year.
CHERRY HILL, NJ-The funding is tied to Endurance Real Estate's all-cash deal for the 737,300-sf Cherry Hill Business Park.
EGG HARBOR, NJ-The signing comes at Lightstone's 110,000-sf Heather Croft Square Shopping Center at 6825 Tilton Rd.
RARITAN TWP., NJ-Lowe's and Longhorn Steakhouse will be the first in business at Garden Commercial's Raritan Town Square.