A national snack maker has renewed its lease at a business park in Freehold, where it occupies nearly 11,000 square feet.
Despite the ongoing adverse impacts from the COVID-19 pandemic, some experts report that the macroeconomic trends are looking favorable nationally, and especially for New Jersey, but it’s going to be pretty slow going. Marked differences exist among the various sectors, not all of which have bottomed out yet.
Saddleback Real Estate Developers has completed the sale of a newly renovated, 73,500-square-foot warehouse in the Flanders section of Mount Olive.
A developer is bringing more than 170,000 square feet of new industrial space to Camden County, in a project that’s now being marketed by Colliers International.
The buyer of a 129,600-square-foot industrial building in Monmouth County has landed nearly $11 million in financing and equity for the acquisition, brokers with JLL announced Monday.
Woodmont Properties has earned recognition as a top employer in New Jersey as part of an employee engagement survey conducted by a statewide media outlet.
A trucking and logistics business is subleasing nearly 50,000 square feet at an Elizabeth industrial building, according to brokers with NAI James E. Hanson.
A carpet company has committed to 20,000 square feet at a Fairfield industrial building, under a newly announced transaction by KenKap Realty Corp.
Industrial space remains a coveted asset class for investors, despite questions about short-term rent growth and other uncertainties in the wake of the coronavirus crisis.