New Jersey

CBRE's Q3 industrial report breaks down the state's strong leasing activity and pricing.

The fund will focus on multifamily and mixed-use investments, and is expected to close its first acquisition in early November.

1 Giralda Farms' landlord, Onyx Equities has selected the firm as the exclusive leasing agent for 115,000 SF of space within the class A office property.

A new proposal in the state legislature suggests a tax on financial transactions, which has prompted executives to look into relocation to other states.

J.G. Petrucci Co. Inc. and an institutional real estate investor plan to develop a 511,200-square-foot warehouse in Phillipsburg, NJ.

The 215,221-square-foot project is being developed by Blackstone Real Estate's US-based industrial real estate operating portfolio company, Link Logistics, and the Hampshire Real Estate Cos.

Ares Management Corp. provided the three-year, acquisition loan for the 10-property portfolio, sold by Mack-Cali.

The transaction, disposing of 10 buildings, coincides with the REIT's strategic plan to dispose of suburban office assets.