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An industrial site recently sold for $17.5 million in Mahwah and will soon be redeveloped.
Intercept Pharmaceuticals is relocating its global headquarters from 10 Hudson Yards in Manhattan to Morristown, New Jersey.
An industrial complex in Rockaway, New Jersey was recently sold for $19.6 million.
The recently sold Bridgewater building is the largest single-tenant transaction in New Jersey since 2016.
Nine offices totaling 32,868 square feet have been leased at the Newport Center office tower complex in Jersey City.
24 Jones, a 152-unit Class A apartment community in Newark, New Jersey was recently sold for $36.5 million.
Celularity, Inc.'s state-of-the-art headquarters, lab, and manufacturing facility was sold to JLL for $46.6 million. CBRE represented the seller and procured the buyer.
While leasing activity was well below the state’s long-term average for office space, some positive signs and major transactions emerged during the summer months.