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.

Professional Services
Investment sales broker Avanzato joins NAI Hanson as part of new institutional services team

Real estate services firm NAI James E. Hanson has launched a new team focused on institutional clients, one that includes newly hired broker Jordan Avanzato as a senior managing director.

Finance & Capital Markets
JLL: Seagis nabs $184 million in financing for New Jersey, Florida industrial portfolio

Seagis Property Group has closed on more than $184 million in financing for a combined 1.5 million square feet of industrial space in New Jersey and South Florida.

Community
Cornhole for a Cause, popular AEC industry fundraiser, returning May 1 to Tranquility Farm

Members of the state’s design and construction community are gearing up for the 9th annual Cornhole for a Cause tournament in Morris County, a popular networking opportunity and fundraiser that will support United Way of Northern New Jersey.

Industrial
MIG Real Estate named leasing agent, property manager for 274,000 sq. ft. Ironbound complex

The owner of a 274,000-square-foot industrial and office building in Newark’s Ironbound section has tapped MIG Real Estate to manage and lease the property.

People
Former Mandelbaum, DeCotiis attorney Migliorelli joins Sanzari as V.P. and general counsel

Alfred Sanzari Enterprises has added longtime commercial real estate attorney Robert Migliorelli as vice president and general counsel, the Hackensack-based firm announced.

Industrial
Sheldon Gross brokers sale of 12,000 sq. ft. warehouse in Readington

The longtime owner of a nearly 12,000-square-foot warehouse in Readington has sold the property, in a newly announced deal by Sheldon Gross Realty.

Top News
Saxum marks $800 million in new investments, $650 million in recent groundbreakings

Saxum Real Estate is touting a flurry of recent deals and construction activity, including more than $800 million in investments and $650 million in groundbreakings.

Industrial
Mortimer named senior vice president, investment officer with Prologis New Jersey team

Prologis Inc. has promoted Read Mortimer to senior vice president and investment officer for the New Jersey market, the real estate investment trust announced Thursday.

Industrial
KRE taps CBRE to sell or lease planned four-building, 345,000 sq. ft. industrial park in Ewing

KRE Group has teamed with CBRE to secure a buyer or tenants for more than 345,000 square feet of new flex and warehouse space that it’s set to construct in Ewing.

Deals
Office, industrial leases in Central Jersey among latest deals by Boniakowski

A financial services firm has leased 1,600 square feet of office space in Branchburg, in one of three newly announced deals by The Boniakowski Commercial Real Estate Group.