Industrial

Owning or leasing industrial space in New Jersey means you’re within one day’s drive of one-third of the nation’s population. That means the state continues to be a hotbed of warehouse and logistics activity.

Industrial
Brookfield leases up new 152,000 sq. ft. industrial building in Union, Lee & Associates says

Brookfield Properties has preleased a nearly 152,000-square-foot industrial building in Union Township, in a newly announced deal by Lee & Associates – WBE New Jersey.

Roundtable
Tell us about a new design or construction trend that you’re seeing in the industrial sector.

Tell us about a new design or construction trend that you’re seeing in the industrial sector. We assembled a panel of industry experts to tackle this month’s question.

Industrial
JLL: Ridgecut Road buys six-acre Fairfield industrial property, secures acquisition loan

Ridgecut Road has acquired and secured financing for a low-coverage industrial property in Fairfield, in a set of transactions arranged by JLL’s capital markets team.

Finance & Capital Markets
Faropoint, Deugen ink $33 million loan for 195,000 sq. ft. New Brunswick warehouse project

Faropoint and Deugen Development have closed on a $33 million construction loan for a new two-building industrial project in New Brunswick, in a deal arranged by Cushman & Wakefield.

Industrial
Longtime broker, development executive Beyda joins Newmark after five years with Woodmont

Newmark has made a key addition to its New Jersey brokerage team, hiring Steven Beyda as an executive managing director with its Industrial Advisory Group.

Industrial
Truck repair shop takes 5,200 sq. ft. in Bound Brook industrial deal, Sheldon Gross says

A commercial truck repair business has leased nearly 5,200 square feet of industrial space in Bound Brook, according to a brokerage team with Sheldon Gross Realty.

Industrial
Faropoint sells 44,000 sq. ft. Somerdale warehouse in NAI Mertz-brokered deal

Faropoint has sold a more than 44,000-square-foot industrial building in Camden County for $6.4 million, brokers with NAI Mertz announced Monday.

Industrial
Turnbridge, logistics firm ink 255,000 sq. ft. lease at Bayonne industrial complex

Turnbridge Equities has landed a tenant for a newly acquired industrial complex in Bayonne, leasing more than 255,000 square feet to a global logistics firm.

Industrial
Crow Holdings, BroadRange ink 480,000 sq. ft. deal to lease up new Carteret logistics campus

Crow Holdings Development has secured a full-building, 480,000-square-foot lease in Carteret to bring a new 1.2 million-square-foot industrial campus to full occupancy.

Industrial
BRC fills 16,000 sq. ft. Garwood industrial building with two new leases

The owner of a 16,000-square-foot industrial building in Garwood has secured two tenants for the property, in a set of newly announced deals by Bussel Realty Corp.