A regional owner and operator has sold a two-building, 187,569-square-foot industrial portfolio in Moorestown, under a transaction arranged by brokers with CBRE.
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.
Logistics firm expands, takes 265,000 sq. ft. at Woodmont industrial building
Woodmont Industrial Partners has leased up a building in its out-of-state portfolio, landing a new 265,163-square-foot commitment at a distribution center outside Atlanta.
Homestake, Harvestate launch 595-unit self-storage project in Winslow
A joint venture has broken ground on a new 595-unit self-storage facility in Winslow Township, under a partnership with the industry’s second-largest operator.
Industrial’s surge brings opportunity — and the need for critical growth strategies
Industrial real estate is still surging as commercial real estate’s hottest property type, and that’s no more evident than right here in New Jersey, providing a chance to showcase the innovation and creativity that’s taking place in the industry.
Rental rates surging, reaching new heights in N.J. industrial market, researchers say
Landlords and developers are still reaping the rewards of New Jersey’s tight industrial market, where rents continue to rise well above average asking rates.
Red Bank branding, marketing firm with CRE practice announces merger
A design and marketing firm with a growing real estate practice has expanded its capabilities with a newly completed merger.
Home décor seller takes 124,000 sq. ft. at Greek warehouse in East Brunswick
A home décor company is relocating and expanding in Middlesex County as part of a newly announced, 124,000-square-foot warehouse lease by Greek Development.
Thurston inks 38,000 sq. ft. industrial sale in Oakland
A nearly 38,000-square-foot building has changed hands in a Bergen County industrial park, in a newly completed deal by Thurston Group LLC.
Bus company leases 48,000 sq. ft. at Cherry Hill flex building
A passenger bus company has leased nearly 48,000 square of office and flex space in Cherry Hill, under a newly announced transaction by Markeim Chalmers Inc.
Industrial sector thrives on innovation and institutional investors
Amid a strong economy and surging demand for consumer products, industrial remains one of the hottest segments in the commercial real estate industry. The strong demand for space is pushing industrial developers to innovate, leading to multistory distribution centers, on-demand space, robotics and online freight brokerage services
