A famous New York City delicatessen has leased nearly 30,000 square feet of industrial space in Carlstadt, which it will use in part to support its new online delivery business.…
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.
After 25 years, investor gains full ownership of Bergen County property
A real estate investor and developer has completed its 25-year quest for full ownership of a 78,000-square-foot warehouse and retail property in Saddle Brook.…
Investors Bank expanding CRE lending platform
After riding the state’s multifamily boom to help build its commercial real estate lending platform, Investors Bank remains committed to the apartment sector. But it’s also making sure to diversify as…
Hampshire sells six-building industrial portfolio for $147 million
The Hampshire Cos. has sold a six-building, 1.2 million-square-foot industrial portfolio in New Jersey for nearly $147 million, in a deal brokered by HFF that represents one of the largest in recent y…
It’s time to address a critical need: Infrastructure investment
Maintaining a healthy level of connectivity is critical. This is why we need to continuously invest in our infrastructure to keep things like our economy and lives moving. People, goods, cars, trucks,…
Sales, marketing veteran joins Newmark Associates
Newmark Associates has added to its brokerage team with the hiring of a longtime sales and marketing executive.…
Developers share success stories, challenges at SIOR market update
How do you stand out from the competition in commercial real estate? It’s one of the ultimate questions in virtually any industry, but a panel of developers weighed in recently before a group of broke…
Blau & Berg brokers 260,000 sq. ft. sublease with logistics firm
A logistics firm has leased more than 260,000 square feet at a Heller Industrial Parks building in Edison, according to brokers with The Blau & Berg Co.…
From bankers to Blackstone, Rutgers conference goes inside the minds of institutional investors
Commercial real estate in New Jersey remains a major draw for institutional investors, from regional banks to life insurance companies to the global private equity giant Blackstone. Executives from ea…
Elmwood Park warehouse changes hands, brokers say
Private investors have acquired a 425,000-square-foot warehouse in Elmwood Park that serves as a distribution center for Marcal paper products, according to brokers involved in the deal.…