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
NAIDB arranges Union County industrial sales totaling $5 million

An HVAC company has purchased a 6,000-square-foot industrial building in Linden, in one of two newly completed deals in Union County by NAI DiLeo-Bram & Co.

Industrial
Going global: Inside the growth of Asian logistics firms in New Jersey’s industrial market

Asia-based third-party logistics firms have played an increasingly important role in New Jersey’s industrial sector, creating new demand and helping to fill excess inventory after a recent surge in speculative construction. How those firms will be impacted by outsized tariffs and the U.S. trade war with China remains to seen, but developers are optimistic about what is now an established class of tenants.

Industrial
Federal Business Centers, uniform company ink 6,400 sq. ft. lease in Edison, BRC says

An athletic uniform company has taken nearly 6,400 square feet of industrial space in Edison’s Raritan Center, brokers with Bussel Realty Corp. announced Wednesday.

Industrial
Investor buys 6,300 sq. ft. Newark warehouse in all-cash deal, QCRE says

A local investor has purchased a nearly 6,300-square-foot industrial property in Newark for $1 million, in a newly announced deal by The Quinas Cos. Inc.

Industrial
Brookfield taps RRNNJ to lease spec 422,000 sq. ft. warehouse in Orange County

Brookfield Properties has named Resource Realty of Northern New Jersey as its leasing team for a new 422,000-square-foot speculative distribution center in New York’s Orange County.

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
NAIDB named leasing agent for 70,000 sq. ft. across three Central Jersey industrial buildings

The owners of three industrial buildings in Middlesex and Somerset counties have tapped NAI DiLeo-Bram & Co. to market the properties for lease.

Industrial
Prologis plans three-building, 826,000 sq. ft. industrial park for latest East Greenwich project

Prologis Inc. has closed on nearly 200 acres in Gloucester County, where it plans to build more than 826,000 square feet of new industrial space as part of its growing footprint in the area.

Industrial
New 1,200-unit self-storage facility by CrownPoint, Lamar opens in Newark’s Ironbound

CrownPoint Group and the Lamar Cos. have completed a new self-storage facility in Newark, delivering more than 1,200 units to the city’s bustling Ironbound section.

Finance & Capital Markets
Bollerman inks refi for five-building, 115,000 sq. ft. Eatontown portfolio, JLL says

Bollerman Cos. has refinanced a nearly 115,000-square-foot office and industrial flex portfolio in Eatontown for an undisclosed amount, brokers with JLL announced Wednesday.