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.

People
Diversified Properties names new chief financial, operations officer

Diversified Properties, a Montville-based commercial and residential real estate developer, has named Greg Adami as its chief financial officer and chief operations officer.

Industrial
Vision, Barings tap CBRE as leasing agent at East Hanover industrial park

A joint venture has picked CBRE as its leasing team for nearly 170,000 square feet of industrial space just north of Route 10 in East Hanover.

Professional Services
CBRE adds Ozturk, Gatto to tristate investment sales team

CBRE has announced two key hires for its top investment sales team in the region, as it looks to expand its foothold in the multifamily sector and other asset classes.

People
Saxum adds to legal, construction and leasing teams with newest hires

Saxum Real Estate has announced four new hires aimed at bolstering its legal, project management and leasing teams.

Industrial
BRC inks 5,000 sq. ft. industrial lease in Somerset

An industrial user has leased 5,000 square feet in the Somerset section of Franklin, brokers with Bussel Realty Corp. announced Monday.

Industrial
Greek eyes new industrial space at iconic Nabisco plant in Fair Lawn

Greek Development plans to build new industrial space at the site of the landmark Nabisco plant in Fair Lawn, following its recent purchase of the property for nearly $147 million.

Professional Services
Lee & Associates New Jersey names youngest-ever partner

A broker with Lee & Associates New Jersey is now a partner, making him the youngest agent to ascend to the position with the firm.

People
Woodmont adds four team members amid growing development, investment platform

Woodmont Properties has announced four new hires to support its ongoing growth and expansion across multiple asset classes throughout the region.

Industrial
Rockefeller breaks ground on 346,000 sq. ft. logistics center in Burlington County

Rockefeller Group has made another addition to its fast-moving construction pipeline, touting the start of a nearly 350,000-square-foot distribution center project in Burlington County.

Industrial
Duke acquires 53-acre storage lot in Newark, eyeing potential redevelopment near port

Duke Realty has announced its purchase of a 53-acre site in Newark, providing it with a coveted outdoor storage lot and a future redevelopment opportunity.