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
Hertz signs new lease for 10.4-acre industrial parcel in Newark, Blau & Berg says

Hertz Corp. has signed a new lease in Newark at a site that serves as a key location for its car and box truck rental services, brokers with The Blau & Berg Co. announced this week.

Industrial
New Jersey industrial leasing jumps in Q1 as top-tier tenants return (in search of top-tier space)

Blue-chip tenants are coming back to New Jersey’s industrial market, boosting lease activity to start the year as occupiers search for higher-end warehouse and logistics space.

Industrial
Denholtz cracks top 10 in national small-bay industrial ranking

Denholtz, the Red Bank-based investment manager, is gaining notice for its growing portfolio of small-bay industrial space.

Industrial
Logistics firm, wellness brand combine for 536,000 sq. ft. in new deals at Arsenal Trade Center

Trammell Crow Co. has filled some 536,000 square feet at a new industrial park in Sayreville, securing leases with a Chinese logistics firm and a maker of massage and wellness products.

Industrial
Conley joins Crow Holdings Development as senior associate, construction management

Crow Holdings Development has hired Travis Conley as a senior associate for construction management, bolstering the team behind its growing development pipeline in the Northeast.

Industrial
NJDG sells 79,000 sq. ft. shallow-bay portfolio in Rockaway to Faropoint, JLL says

Faropoint has acquired a nearly 79,000-square-foot portfolio of shallow-bay industrial property in Rockaway Township, in a newly announced deal by JLL.

Industrial
Greek, Advance and Torchlight ink $24 million land sale in Logan for new 190,000 sq. ft. distribution facility

A global distributor is coming to a Logan Township industrial campus, where it will occupy a built-to-suit, 190,000-square-foot facility on land it acquired from the park’s developers.

People
Goldman joins Saxum with asset management, brokerage background

Saxum Real Estate has welcomed Adam Goldman as an asset management associate, the Summit-based firm announced Monday.

Industrial
Blau & Berg: Freight forwarder inks 126,000 sq. ft. renewal at Secaucus industrial building

A logistics firm is staying in place after signing a lease renewal for nearly 126,000 square feet of industrial space in Secaucus, brokers with The Blau & Berg Co. announced last week.

Industrial
Maersk takes 233,000 sq. ft. at Linden Logistics Center in latest lease by Advance, GREP team

The developers of the sprawling Linden Logistics Center campus have secured a new tenant, filling more than 233,000 square feet thanks to a deal with a global shipping giant.