The owner of a transportation company has paid $850,000 for a 14,000-square-foot industrial building in Middlesex County, according to a broker with Bussel Realty Corp.…
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 Hanson: Logistics firm expands into Meadowlands industrial building
A national transportation and logistics firm has leased nearly half of a 53,000-square-foot industrial building in the Meadowlands, according to brokers with NAI James E. Hanson.…
Industrial strength: Prices are soaring as investors jockey for warehouse, logistics space in New Jersey
Warehouse and distribution space in New Jersey has become a prized asset class among institutions and other major investors, leading to increased competition, surging prices and more creativity by tho…
Record rent growth continues in N.J. industrial market
By many accounts, rent growth in New Jersey’s industrial sector continues to be unprecedented. Research from multiple real estate service firms shows that average rental rates across the market hit se…
Pricing power: A look at recent investment sales in New Jersey’s industrial market
Industrial space has become a favored asset class among institutional investors in New Jersey, even if high-profile opportunities are few and far between. Here is a sampling of industrial deals from t…
New lease structures, longer terms take hold in N.J. industrial market
Among the many changes that have come to New Jersey’s industrial market — especially those that have rallied investors — Rob Kossar points to the differences in how leases are structured.…
Saddleback inks 14,000 sq. ft. industrial lease in Rockaway
A beauty products company has leased nearly 14,000 square feet at a Rockaway industrial building, according to property owner Saddleback Real Estate Developers.…
At Kearny Point, diversification is key
The wide, light-filled hallways inside Building 78 are lined with glass panels that offer a look into the businesses that have moved into Kearny Point — from a wedding dress designer to a 3D printer t…
NAI Hanson marketing new 271,000 sq. ft. warehouse in Mahwah
A developer has tapped brokers with NAI James E. Hanson to market a new 271,195-square-foot warehouse under construction along the northern edge of Bergen County.…
Bussel brokers 10,600 sq. ft. industrial lease in Edison
An international trading firm has leased 10,608 square feet of industrial space in the Raritan Center section of Edison, in a deal brokered by Bussel Realty Corp.…