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
JLL lists 278,000 sq. ft. ‘headquarters-style’ industrial building in Wall Twp. for sale or lease

The owner of a nearly 278,000-square-foot industrial building in Monmouth County has tapped JLL to secure a buyer or tenant for the property.

Industrial
Morvay breaking ground on Robbinsville, Hamilton flex industrial projects, Zimmel says

Morvay Partners is moving ahead with two ground-up flex industrial projects in Mercer County, with plans to deliver both by year-end as it markets the spaces to prospective tenants.

Industrial
Fire protection firm buys 20,000 sq. ft. Somerset facility from PepsiCo, NAIDB says

A life safety business has acquired a more than 20,000-square-foot industrial building in the Somerset section of Franklin, in a newly announced deal by NAI DiLeo-Bram & Co.

Events
Prism’s Cohen to receive NAIOP N.J. lifetime achievement award, headlining gala honorees

NAIOP New Jersey has revealed the honorees for its 39th annual Commercial Real Estate Awards Gala, including Prism Capital Partners’ Edwin Cohen and five other key industry figures.

Events
IOREBA Developer’s Night returns tonight, with top panelists on tap and hundreds expected

A real estate investment executive and two top attorneys will take the stage Monday night as part of the Industrial and Office Real Estate Brokers Association’s popular Developer’s Night event.

Industrial
JLL: Sitex sells newly renovated, 1.44-acre industrial outdoor storage portfolio in Moonachie

Sitex Group has sold two industrial outdoor storage properties in Moonachie to a joint venture of Sagard Real Estate and La Caisse, brokers with JLL announced this week.

Deals
Rutgers Junior Spirit Program takes 6,700 sq. ft. in New Brunswick, Sheldon Gross says

A youth dance team operated by Rutgers University has leased nearly 6,700 square feet at a New Brunswick commercial building, in a newly announced deal by Sheldon Gross Realty.

Industrial
Kurv acquires four-building, 256,000 sq. ft. industrial portfolio in Carlstadt, East Rutherford

Kurv Industrial has expanded its holdings in the Meadowlands with its purchase of a four-building portfolio comprising more than 256,000 square feet of warehouse space.

Industrial
Zimmel: Eight-building, 147,000 sq. ft. commercial portfolio in Clark changes hands

An investment group has acquired some 147,000 square feet of commercial space in Clark, seeking to reposition an eight-building portfolio that was anchored by L’Oréal.

Industrial
JLL: Ridgecut Road buys, lands financing for Edison industrial service property

Ridgecut Road has acquired a nearly six-acre industrial service facility in Edison for $24.5 million, securing the property and financing in transactions arranged by JLL.