New Jersey

Hubs across the nation are looking to use real estate to boost productivity as the growth of the global prescription drug market is expected to surpass $1 trillion by 2022.

Completed last year, the McGinley Square neighborhood's first new development in more than 30 years has sold for $23.8 million to Tenth Avenue Holdings Properties.

CBRE arranged the long-term lease, which encompasses the entire 95,808-square-foot industrial property.

The WestPark campus can draw a labor force from New York, Connecticut and New Jersey.

The 6.4-acre multifamily development site in Union Township, NJ was acquired from Sherwood Group Assoc. for $6 million.

CBRE arranged the sale of the six-building portfolio and has been retained to lease the 50%-occupied properties in Mount Laurel, NJ.

This is the third deal for Bielat Santore & Co. during the pandemic and marks the latest purchase by Sackman Enterprises of residential and mixed-use real estate in Asbury Park.

The recently completed, 925,000-square-foot warehouse is fully-occupied by LG Electronics USA.