New Jersey

Secondary markets have a greater appeal in the short run due to COVID-19, but they also address longer-term demographic trends.

JLL capital markets represented the seller and procured Liberty Properties as the buyer of the 232,000-square-foot, Morristown office building.

The renovated 550,000-square-foot last-mile facility is located in suburban Northern NJ.

The portfolio, comprising four newly-delivered New Jersey properties, adds 2.2 million square feet of industrial space to the firm's core fund.

Cushman & Wakefield brokered the sale of the 269,720-SF, class A office property in Ridgefield Park, NJ.

JLL represented the seller and procured the partnership of Vision Properties and the Birch Group as the buyer of the renovated, 228,000-SF property.

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.