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.
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.
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 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.
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.
A design and marketing firm with a growing real estate practice has expanded its capabilities with a newly completed merger.
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.
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.
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.
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