New Jersey

Hampshire developed the new Westwood, NJ, facility with a joint venture partner, First Westwood Realty, and it will be managed by Extra Space Storage.

Tryko Partners invested $3.6 million in an innovative, high-tech security initiative in conjunction with the Camden Police Department; a playground; updated lighting, landscaping and sidewalks.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Most of the proposed development is planned on properties that are publicly owned or owned by private development companies with a scale that respects neighboring, existing uses as well as Trenton's 250 Master Plan.

“Shore points such as Belmar with their own rail station have rapidly become a year-round haven for an out-commuter tenant base,” says Gebroe-Hammer's Adam Zweibel.

There were approximately 421,113 square feet of new leases and renewals executed in Burlington, Camden and Gloucester Counties, an increase of about 6.6 percent compared with the previous quarter.

A roundup of recent deals, leases, executive moves, and other news from the past week.

Federal Realty owns nine properties in the area and Brennan will be charged with overseeing development for those properties, as well as source new deals for the firm in the tri-state region.