Even before I started covering commercial real estate full-time, I still came across development stories during my earlier days as a metro reporter in Central Jersey. One of those stories came when I …
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.
Bridge details 1.7 million sq. ft. industrial project in Somerset, efforts to restock N.J. pipeline
Bridge Development Partners is planning a three-building, 1.7 million-square-foot industrial complex in Somerset County after acquiring parcels from two separate sellers, part of an effort to refill i…
C&W named leasing agent for 3.3 million sq. ft. logistics campus in Logan Township
A joint venture has picked Cushman & Wakefield as its leasing agent for more than 3 million square feet of planned warehouse and distribution space in Gloucester County.…
Team Resources touts expansions, 284,000 sq. ft. lease in Ledgewood
A global transportation and logistics company has expanded to more than 280,000 square feet in Morris County, in a set of transactions announced by Team Resources Inc.…
HFF brokers $28.5 million refinance for I-80 industrial complex
The owner of a three-building, 443,030-square-foot warehouse complex in Mount Olive has refinanced the property for $28.5 million, brokers with HFF said Thursday.…
Duke fills last vacancy in New Jersey with Perth Amboy industrial lease
Duke Realty Corp. has leased 220,200 square feet in Perth Amboy to a furniture delivery and fulfillment service, bringing its recently acquired New Jersey portfolio to full occupancy.…
Denholtz: Clark commercial complex fully leased after latest deal
Denholtz Associates has inked a 10,050-square-foot lease at a commercial complex in Clark, bringing the 283,000-square-foot campus to full occupancy.…
CBRE’s Hipschman takes on expanded role in Northeast industrial
CBRE has announced an expanded role for its market leader in New Jersey, in an effort to expand the firm’s focus in the region’s industrial and logistics sector.…
Higher and better: Developers making strides in repurposing New Jersey’s vacant, outdated office buildings
Slowly but surely, developers have begun to chip away at one of New Jersey’s most chronic issues when it comes to commercial real estate — the abundance of obsolete, aging office buildings that are no…
I.CON panel: Same-day delivery pushing tenants beyond North Jersey, into NYC boroughs
Retailers and other industrial tenants have long counted on northern New Jersey as a hub for distribution into New York City, but the need for same-day and even two-hour delivery has pushed developers…