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.

Finance & Capital Markets
Newark industrial owner inks $797,000 refi with Valley Bank

Valley Bank has closed a nearly $800,000 cash-out refinance loan to the owner of a Newark industrial property, the Morristown-based lender announced Wednesday.

Industrial
Ecommerce, 3PL firm expands to final space at Larken’s Hillsborough Business Center

Larken Associates has leased up nearly 600,000 square feet of flex industrial space in Hillsborough thanks to an expansion by an ecommerce and third-party logistics firm.

Top News
Tulfra, Hampshire break ground on North Haledon project with 90 rentals, self-storage

Construction is underway on a project that will bring 90 luxury apartments, retail space and a 596-unit self-storage building to the Passaic County borough of North Haledon.

Education
Denholtz receives 2026 Leadership Excellence Award from Monmouth’s Kislak Institute’s

Monmouth University has recognized another one of New Jersey’s esteemed developers, honoring Denholtz Chairman Steven Denholtz last week during the Kislak Real Estate Institute’s 30th Annual Leadership Excellence Awards Dinner.

Industrial
Trade school takes 25,000 sq. ft. at Branchburg industrial building, Deluccia says

A vocational training business has leased nearly 25,000 square feet for a new facility in Somerset County, brokers with Deluccia Commercial Group announced Tuesday.

Industrial
Devli acquires 67,000 sq. ft. industrial, retail portfolio on Route 17 in Upper Saddle River

Devli Real Estate has added to its Bergen County portfolio, acquiring a 67,000-square-foot flex industrial and retail complex in Upper Saddle River.

Industrial
Truck parts seller, distributor takes 3,800 sq. ft. in Linden industrial deal, BRC says

The owner of a 3,800-square-foot industrial building in Linden has leased the space to Eagle Truck Parts of New Jersey, a seller and distributor serving the commercial transportation and trucking industries.

Industrial
RRNNJ: Pine Brook, Morris Plains industrial deals among latest signs of demand for infill, accessible spaces

The owner of a Morris County industrial building has filled more than 23,000 square feet, highlighting the appeal of specialized assets and the increasingly tight market for the region’s smaller, infill spaces.

Industrial
Faropoint acquires 30,000 sq. ft. light industrial building to grow Morris County footprint

Faropoint has closed on a deal for more than 30,000 square feet of light industrial space in Lincoln Park, adding to its recent flurry of acquisitions in Morris County.

Government & Public Policy
Data centers: Sherrill eyes plan to manage energy costs, community concerns while promoting AI growth

Gov. Mikie Sherrill is taking steps to manage the impact of new data center development in New Jersey, announcing a plan to establish guardrails while still allowing the state to benefit from innovations in artificial intelligence.