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
Stonemont, HB Warehousing detail plan for new 520,000 sq. ft. logistics project in Old Bridge

A joint venture is crafting plans to bring more than 520,000 square feet of new warehouse space to Old Bridge, in a project that would add to a growing industrial corridor off Route 9.

Industrial
AY: Stage curtain maker Rose Brand extends 164,000 sq. ft. lease at Hartz building in Secaucus

A maker of stage curtains, backdrops and other products for the theater and event industries has extended its lease in Secaucus, where it occupies more than 164,000 square feet.

Industrial
Accordia expands to South Carolina, acquires 305,000 sq. ft. industrial park for $48 million

Accordia has purchased more than 305,000 square feet of industrial space in South Carolina, marking its first acquisition in the state and the largest in its 20-year history.

Industrial
Saxum, Penwood close on site for 166,000 sq. ft. industrial project in Southeast Pennsylvania

Saxum Real Estate and Penwood Real Estate Investment Management LLC are expanding their partnership with a newly announced, 166,000-square-foot industrial project in Pennsylvania.

Industrial
Longpoint buys 101,000 sq. ft. Piscataway industrial portfolio

Longpoint has acquired two industrial buildings in Piscataway, expanding its portfolio by more than 101,000 square feet in a deal arranged by Lee & Associates – WBE New Jersey.

People
STRO details new additions, promotions to bolster leadership and support growing portfolio

The STRO Cos. has announced a series of key promotions and new leadership appointments to support its growing real estate holdings and tenant roster across multiple regions.

People
Axria taps Reeves as development engineering manager, Ryan as CFO

Real estate firm Axria has made two key additions, hiring Daniel Reeves as a development engineering manager and William Ryan as chief financial officer.

Industrial
CBRE: Faropoint buys Florham Park facility, trophy maker’s longtime home, for $9.3 million

Faropoint has acquired a nearly 51,000-square-foot production and warehouse facility in Florham Park for $9.25 million, brokers with CBRE announced this week.

Industrial
Denholtz acquires 104,000 sq. ft. South Carolina industrial park to expand Southeast presence

Denholtz has purchased a nearly 104,000-square-foot flex industrial park in South Carolina, marking the latest addition to its fast-growing portfolio in the Southeast.

Events
The road ahead for industrial: Join us Sept. 10 as we discuss the state of logistics, cold storage and more

Hear the latest in development, tenant demand and other trends in warehouse and logistics space.