Blackstone has added to its New Jersey holdings with the acquisition of a 130,000-square-foot industrial building in North Bergen, brokers with NAI James E. Hanson announced.
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.
JLL inks $19.4 million sale of CBS Broadcasting building in Metropark
A newly renovated light industrial building within the Metropark section of Woodbridge has changed hands, following a $19.35 million transaction arranged by JLL.
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Paul V. Profeta & Associates Inc. has sold a 120,000-square-foot industrial building in Westwood, under a newly completed transaction with Treetop Development.
Matrix, drug manufacturer ink 233,000 sq. ft. lease in Cranbury
A pharmaceutical manufacturer has signed a full-building, 233,000-square-foot lease at a Matrix Development Group industrial complex in Cranbury, Cushman & Wakefield announced.
Denholtz completes 16,000 sq. ft. flex lease in Bridgewater
A new tenant is coming to Denholtz Properties’ 17-building business park in Somerset County, where it has inked a lease for more than 16,000 square feet of flex industrial space.
Eatontown flex building fetches $11.6 million, Resource Realty says
An affiliate of Denholtz Properties has acquired a roughly 110,000-square-foot commercial building in Eatontown, in one of several newly announced deals by Resource Realty.
Mount Laurel flex park fetches $10.7 million, Colliers says
A private investor has acquired a five-building, 96,000-square-foot office and flex park in Mount Laurel for nearly $11 million, brokers with Colliers International announced Monday.
BRC: Health products manufacturer subleasing 65,000 sq. ft. in South Brunswick
A maker of health and beauty products will occupy nearly 65,000 square feet of industrial space in South Brunswick, under a newly announced sublease by Bussel Realty Corp.
Blackstone industrial arm adds two Linden properties, C&W says
Blackstone’s U.S. industrial real estate platform has expanded its New Jersey holdings, acquiring two fully leased Linden buildings with a combined 200,000 square feet.
CenterPoint adds Newark development site, plans 186,000 sq. ft. industrial project
CenterPoint Properties has acquired a nearly 13-acre development site in Newark, where it’s now planning more than 180,000 square feet of logistics space minutes from Port-Newark Elizabeth.
