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.

Team Resources inks 121,000 sq. ft. lease in Mahwah among Q4 deals

A maker of lab supplies has leased 121,000 square feet at a Mahwah industrial building, in one of several year-end deals announced by Team Resources Inc.

Wine importer renews at 18,000 sq. ft. HQ, warehouse in Mount Laurel

A wine importer has renewed its nearly 18,000-square-foot lease in Mount Laurel, following a transaction arranged by Rose Commercial Real Estate.

Incentives are investments that build over time

Gov. Phil Murphy’s economic vision calls for a State of Innovation that builds a stronger and fairer economy in New Jersey and sets goals related to faster job growth, faster median wage growth, increased venture capital investment, closing the racial and gender wage employment gaps and encouraging thriving urban centers. These are laudable goals and I believe we will get there, if we are careful in how we invest our scarce financial resources, which include incentives for the workforce so desperately needed and the targeted industries that generate the jobs required to help achieve these goals.

EDA: Wholesaler buys Passaic warehouse, expands from Brooklyn

A building maintenance supplies wholesaler is relocating most of its operations from Brooklyn to Passaic, where it recently acquired a nearly 11,000-square-foot warehouse.

AY: Medical supplies, equipment distributor takes 208,000 sq. ft. in Edison

A national health care distributor is moving operations to Edison as part of a newly announced, 208,391-square-foot lease arranged by Avison Young.

NAI DiLeo-Bram inks sale of industrial, lab building in Piscataway

A pharmaceutical company has acquired a 12,400-square-foot industrial lab building in Piscataway, brokers with NAI DiLeo-Bram & Co. announced Thursday.

Connors brokers sale of 44,000 sq. ft. building in Elizabeth

A nearly 45,000-square-foot industrial facility in Elizabeth has changed hands, the William F. Connors Agency announced Wednesday.

Transwestern taps Banaszynski as partner with national development arm

Industry veteran Brian Banaszynski has joined Transwestern’s national development arm, where he will spearhead the firm’s expansion into the Northeast industrial market.

C&W inks sale, full-building lease at Woodbridge industrial complex

A retail logistics firm has signed a full-building lease at a recently traded, 302,500-square-foot industrial property in Woodbridge, in a set of transactions arranged by Cushman & Wakefield.

CBRE: 3PL signs 171,000 sq. ft. lease at new Hillsborough industrial space

A third-party logistics firm has taken more than 170,000 square feet at a newly built, 750,000-square-foot distribution center in Hillsborough, brokers with CBRE announced Wednesday.