“We are still seeing a lot of interest in the retail sector, but investors are having trouble finding quality product in the market,” says Brian Whitmer of Cushman & Wakefield. "Most of the product coming online is located in secondary or tertiary assets, or non-core locations.”

A roundup of Middle Market activity in the Northeast for Friday, December 30, 2016.

LIVINGSTON, NJ—“As the market continues to strengthen, fully amenitized, Class A properties are benefiting the most,” says Cushman & Wakefield's David Bernhaut, who headed the assignment.

SOUTH HACKENSACK, NJ—Pocas International is relocating to 19 Central from two smaller warehouses in Ridgefield Park, NJ. NAI Hanson was tracking the firm's need for a larger facility and presented 19 Central Blvd. directly to them.

BARNEGAT, NJ—Located at 9 South Main Street, Cornerstone at Barnegat is a three-story building, comprised of one- and two-bedroom apartment units with balconies. Only 20 one-bedroom units are available with a maximum monthly rent of $927.

SECAUCUS, NJ—Manhattan Range Rover will use the building, which features 27-foot ceilings, large column spacing, 13 exterior doors and a drive-in bay, to store and prep new vehicles for their dealerships around the tristate area.

NEWARK, NJ—Rutgers will need both a curriculum broad enough to assure employers that students are coming out well-trained, and a “reverb action,” where employers happy with their hires from Rutgers return to the school seeking additional candidates, Riordan says.

UNION, NJ—“No other modern industrial space exists in the immediate area, so the location was highly desired by tenants and investors," says Bridge principal Jeff Milanaik. "The sales price, in excess of $176 per square foot, was well above typical prices for industrial buildings in that market.”