PHOENIXVILLE, PA—Major renovations underway on the property will help reposition the property with a new name—Phoenix View Apartments.

CRANBURY, EDISON, AND LOGAN TOWNSHIP, NJ—Since Amazon launched operations in New Jersey in 2012, the company has grown its fulfillment workforce in the state to 13,000-plus full-time employees.

NEWARK, NJ—Since opening in September 2015, Springfield Avenue Marketplace has attracted new residents, while bringing shopping options that have increased the neighborhood's desirability.

EAST RUTHERFORD, NJ—Overall net absorption remained in the black as the Garden State marked its 17th consecutive quarter of occupancy gains, with Central New Jersey accounting for 75 percent of the 1.6 million square feet of industrial space absorbed during Q1.

CARTERET, NJ—The property features 24-foot ceiling heights, two tailboards and two drive-in doors for loading, 800 amps of electric power, and 29 surface parking spaces. New York Popular will invest about $1.95 million in capital in the property.

EAST RUTHERFORD, NJ—"The diminished leasing volume witnessed in early 2017 is expected to be temporary in nature, as nearly five million square feet of requirements were navigating the state's office market,” says Stephen Jenco, vice president, suburban research with JLL.

SOUTH BRUNSWICK, NJ—CBRE facilitated the transactions, which bring the newly constructed, speculative facility to full occupancy. CDS leased 250,000 square feet and Best Logistics leased 200,000 square feet.

PARSIPPANY, NJ—Because of the high level of leasing activity, industrial rents continue to exceed all-time highs. During the first quarter, rents reached a new peak of $6.98 per square foot – a year-over-year increase of 14 percent.