A partnership has sold a two-building, 204,000-square-foot industrial complex in Bridgewater for $17.5 million, in a newly announced transaction by Zimmel Associates.
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.
Newmark broker inks 36,000 sq. ft. lease in Flanders, celebrates milestone
A tenant at a Flanders commercial building has signed a lease for nearly 36,000 square feet, in a transaction by a Newmark Associates broker who recently celebrated a milestone.
Developers set to begin vertical construction at 4.1 million sq. ft. Linden industrial park
A joint venture is nearing the start of construction for its first two buildings at a long-awaited, 4.1 million-square-foot warehouse and logistics park in Linden.
C&W marketing 90,000 sq. ft. industrial building in Somerset County
An industrial building in Somerset County has hit the market for sale or lease, brokers with Cushman & Wakefield announced Thursday.
CBRE: Appetite for new logistics space in New Jersey among nation’s strongest
Vacancy at newly delivered industrial buildings in New Jersey was among the lowest in the nation in 2019, in yet another sign of the ongoing demand for modern logistics space.
Trucking firm takes 58,000 sq. ft. at Edison industrial building
A trucking company has leased nearly 60,000 square feet at an Edison industrial building, under a newly announced transaction by Bussel Realty Corp.
Denholtz touts new leases, renewals at Toms River business park
Nine tenants have combined to lease more than 15,000 square feet at a business park in Toms River, under a series of transactions by Denholtz Properties.
It’s full steam ahead for New Jersey’s industrial market
The New Jersey industrial real estate market has been a model of consistency for the past three years. So, it should come as no surprise that the market had another strong performance to close out the decade, as healthy demand for large blocks of space helped keep absorption positive for the 28th consecutive quarter.
Organic food distributor takes 83,000 sq. ft. in Moonachie
A food distributor has leased 83,000 square feet at a Moonachie commercial building, under one of several recent transactions by Resource Realty of Northern New Jersey.
Morris County industrial building trades for $5.65 million
An investment firm has acquired a nearly 50,000-square-foot industrial building in Randolph, under a newly announced transaction by Team Resources Inc.
