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.

CBRE: Available warehouse, logistics space in New Jersey hits record low as calendar turns

In a year that only reaffirmed the strength of New Jersey’s industrial sector, availabilities in the market reached an all-time low as demand surged further through the end of 2020.

Investment firm acquires 23,000 sq. ft. Moorestown industrial asset, Colliers says

A buyer has made its entrance to the South Jersey industrial market with its acquisition of a 22,500-square-foot property in Burlington County.

JLL inks sale of 12,200 sq. ft. kitchen, distribution facility in Meadowlands

A local operator has sold a commercial kitchen and distribution facility in the Meadowlands, in a newly completed transaction by JLL’s Northeast industrial team.

JLL adds former Bed Bath real estate executive to Northeast industrial team

A former top real estate executive for Bed Bath & Beyond has joined JLL’s industrial team in the region, bringing decades of experience and expertise in logistics and supply chains.

MSW names new counsel in commercial real estate, finance groups

Murphy Schiller & Wilkes LLP has added a veteran attorney to its growing commercial real estate and finance practice groups, the Newark-based firm announced.

CBRE: Vineland industrial building sold to private equity firm, fetching $22 million

A private equity firm has expanded its industrial portfolio in the state with the purchase of a fully leased, 269,500-square-foot property in Vineland, according to brokers with CBRE.

W.P. Properties, e-commerce firm ink 40,000 sq. ft. lease in Dover

W.P. Properties has leased 40,000 square feet in Morris County to a local e-commerce distributor, in the largest of several transactions at an industrial complex near Route 46.

WCRE closes 10,000 sq. ft. flex building sale in Pennsauken

A construction business is relocating to a nearly 10,000-square-foot flex industrial building in Pennsauken after acquiring the property, according to Wolf Commercial Real Estate.

NAI Hanson: Forsgate acquires 157,000 sq. ft. industrial building in Wayne

Forsgate Industrial Partners has acquired a nearly 160,000-square-foot industrial building in Wayne, under a newly announced transaction by NAI James E. Hanson.

Trucking firm buys former steel plant property in Boonton, JLL says

The owner of a former steel plant in Boonton has sold the 55,000-square-foot property, in a newly announced transaction by JLL.