Leasing

Rents for cannabis-zoned industrial product is $1 per square foot above standard rates for the same product type in San Diego.

One of the highlights of the evening program will be when Anne Evans Estabrook of Elberon Development, Mindy Lissner of CBRE and Diana Fainberg of D.E. Fainberg will be inducted into the NAIOP New Jersey Hall of Fame.

Carey Lohrenz, the first female U.S. Navy F-14 Tomcat fighter pilot, knows what it takes to succeed. Today, she provided critical insight and pointed out the importance of having a bold vision to attendees at the CREW Network Convention opening keynote today.

The lease expansion was announced by building owner Novaya Foxfield Industrial LLC (Foxfield), the Mid-Atlantic arm of Novaya Real Estate Ventures of Boston. With the new deal, Barry Callebaut now leases 395,000 square feet of space at the 465,680-square-foot building.

The existing four-building complex will feature creative tenant interiors, second floor terraces, pedestrian-friendly walkways, landscaping and public art.

Although there has been a number of consolidations undertaken by big-pharma companies, the number of small and mid-tier pharma and bio-tech firms in New Jersey continues to climb.

The 2019 CREW Network Convention and Marketplace, which will continue throughout the week at the Renaissance Orlando at Sea World, brings together more than 1,200 commercial real estate leaders.

AB 1482 will cap rent growth at 5% annually per year throughout the state, but some in the industry see laudable aspects of the effort.