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
Dermody touts expansion with ecommerce firm, new lease with 3PL in Carneys Point

Dermody has inked two significant leases at a South Jersey industrial park, including an expansion by an ecommerce brand and a new commitment by a third-party logistics firm.

Featured
Blau & Berg mourns loss of Christian Walsifer, deeply respected broker with ‘quiet strength and calm demeanor’

The Blau & Berg Co. is remembering Christian Walsifer, a longtime and highly respected broker with its Short Hills-based team, who died last week at age 48.

Industrial
Jadian grabs 5.2-acre Somerset property in latest New Jersey industrial outdoor storage deal

Jadian has secured another industrial outdoor storage property in New Jersey, acquiring a 5.2-acre site in Franklin Township under a deal arranged by CBRE.

Deals
Kislak: Freehold retail, warehouse property sells for $5.8 million in 1031 exchange deal

A private investor has purchased a nearly 26,000-square-foot retail and warehouse property in Freehold for $5.8 million, according to a brokerage team with The Kislak Co. Inc.

Industrial
Legacy teams with Commerce Park, Saddleback to buy 3.7-acre Linden industrial property

Legacy Real Estate Developers has made another addition to its portfolio, acquiring a nearly four-acre industrial property in Linden in partnership with Commerce Park Investors and Saddleback Real Estate Developers.

Industrial
BRC: Elberon leases 1.6-acre IOS site in Elizabeth to lumber, building supply company

Elberon Development Group has secured a tenant for a 1.6-acre industrial outdoor storage property in Elizabeth, in a transaction arranged by Bussel Realty Corp.

Industrial
NorthBridge grabs 81,000 sq. ft. shallow-bay industrial complex in Rockaway

Investment manager NorthBridge Partners has acquired an 81,000-square-foot shallow-bay industrial building in Rockaway Borough, in a newly announced deal by JLL.

Industrial
NAIDB: Industrial outdoor storage buyer scores 2.2-acre site in rare South Plainfield deal

A private investor has sold a 2.2-acre industrial outdoor storage parcel in South Plainfield, brokers with NAI DiLeo-Bram & Co. announced Thursday.

Government & Public Policy
Expansion plans: How CREDA will build on NAIOP’s rich legacy in New Jersey

NAIOP’s long-awaited rebrand to the Commercial Real Estate Development Association is especially significant for a New Jersey chapter that is one of the organization’s oldest, giving it a rich history and a broad reach that its leaders hope will become even more expansive.

Community
GREP’s David Greek honored at Patriots’ Path Council annual labor, real estate awards dinner

A leading voice in New Jersey commercial real estate has lent his support to the Patriots’ Path Council, the Scouting America organization serving five northern and central counties.