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.

Cover Story
Site strategy: How investors large and small are driving New Jersey’s industrial outdoor storage market

Investor demand for industrial outdoor storage property is surging, fueling intense competition as local, established buyers in New Jersey compete with a growing pool of large institutions.

People
Chung joins SJP Properties as head of acquisitions

SJP Properties has welcomed Paul Chung as its head of acquisitions, a move that will support its continued growth in the New York and New Jersey region and parts of the Southeast.

Industrial
BRC: Indoor entertainment park leases 29,000 sq. ft., expanding recreation lineup at Plainfield flex property

A new indoor family entertainment destination is coming to Plainfield, where it’s leasing more than 29,000 square feet at a revitalized industrial property.

Retail
Deluccia: Auto dealer buys ‘turnkey’ site in Bridgewater for $1.35 million

An auto dealership property in Bridgewater has changed hands for $1.35 million, in a deal arranged by Deluccia Commercial Group and RE/MAX 1st Advantage.

Industrial
Kurv breaks ground on 471,000 sq. ft. warehouse in Perth Amboy, dedicates land for new park, pad-ready development site

Kurv Industrial has broken ground on its latest project in Perth Amboy, one that will not only create modern warehouse space but deliver a new public park and a pad-ready development site that will both be turned over to the city.

Industrial
Greek, Principal eye 100,000 sq. ft. warehouse project after acquiring Bucks County site

Greek Real Estate Partners and Principal Asset Management are breaking ground on more than 100,000 square feet of new industrial space in Eastern Pennsylvania, having secured a pad-ready development site and nearly $12 million in construction financing.

Industrial
CPN lists Mercer County development site with approvals for 108,000 sq. ft. warehouse

The owner of a 12-acre development site in Hopewell Township has listed the property for sale — with approvals in place for some 108,000 square feet of warehouse or flex space.

Professional Services
IOREBA installs Manchanda as board president alongside fellow 2026-2027 officers

The Industrial and Office Real Estate Brokers Association has welcomed its new leadership team, with Bree Manchanda taking the helm as the group prepares to mark its centennial.

Community
CREDA NJ hosts annual Community Action Food Drive & Volunteer Day

The Commercial Real Estate Development Association’s New Jersey chapter returned last week to the Community Food Bank of New Jersey in Hillside, allowing industry leaders to volunteer in support of the state’s largest anti-hunger and anti-poverty organization.

Featured
EDA pauses Aspire applications, seeking more ‘transparent and competitive framework’

The state Economic Development Authority is pumping the brakes on the Aspire tax credit program for developers, seeking to make it more efficient and cost-effective for applicants as it manages its remaining funds under the policy.