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.

NAI DiLeo-Bram: Developer eyes luxury rental project after acquiring Cranford warehouse

A developer has acquired the site of a 28,000-square-foot warehouse in Cranford, where it’s now seeking approvals to build a 75-unit luxury apartment building.

Route 22 retail property trades for $2.5 million, BRC says

A freestanding, 20,000-square-foot retail property in Somerset County has changed hands for $2.5 million, under a newly announced transaction by Bussel Realty Corp.

Marcus Partners adds CRE executive to help grow industrial holdings

Investment and development firm Marcus Partners has added a veteran industry executive as part of its plan to grow its industrial platform in the region.

Stro, beach bag maker ink 19,000 sq. ft. lease in Lodi

The Stro Cos. has signed a new 19,000-square-foot industrial and retail lease in Lodi with a maker of beach bags and accessories, the real estate firm announced Wednesday.

Piscataway: Boniakowski brokers sale of 10,000 sq. ft. flex building

An investor has acquired the site of a 10,000-square-foot flex building in Piscataway, according to brokers with The Boniakowski Commercial Real Estate Group.

Sudler turns to carbon-reducing concrete tech, seeking greener construction methods

Seeking to reduce the carbon footprint of the construction process, Sudler Cos. has employed the use of carbon-injected concrete to build a new industrial park outside New Jersey. The technology wins praise from others in the industry and, while such materials may not be yet available in the developer’s home state, could be a sign of things to come for builders.

Camber sells Bridgewater industrial buildings, C&W says

A real estate investment firm has sold a two-building, 204,000-square-foot industrial portfolio in Bridgewater, in a newly announced transaction by Cushman & Wakefield.

Tulfra plans 265,000 sq. ft. self-storage, parking facility at newly acquired Jersey City site

Tulfra Real Estate has purchased a site in Jersey City that it says will tap into the demand for both parking and self-storage in the booming municipality.

JLL: Buyer wanted for single-tenant, 131,000 sq. ft. industrial property in Newark

The owner of a two-building, 131,000-square-foot industrial complex in Newark is seeking a buyer for the property, in a newly announced offering by JLL.

Developers plan 426,000 sq. ft. industrial campus after buying Somerset office property

A joint venture has acquired an office building and adjacent land in Franklin Township, with plans to redevelop the site as a two-building, 426,000-square-foot industrial campus.