The state Economic Development Authority is teaming with the New Jersey Institute of Technology to establish a new initiative aimed at helping local governments clean up and reposition brownfield sites within their borders.
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.
Team Resources: Flooring maker takes 73,000 sq. ft. in Somerset
A flooring manufacturer has leased more than 70,000 square feet at a Somerset County industrial building, in the largest of several newly announced transactions by Team Resources Inc.
Denholtz adds 12th building in Bridgewater flex, industrial park
Denholtz Properties has acquired a 26,000-square-foot industrial building in Bridgewater, adding to its footprint in a large commercial complex along Route 22.
Greek, fitness operator ink 2,400 sq. ft. warehouse lease in East Brunswick
A fitness operator is among the latest tenants at an East Brunswick industrial park, where it’s taking more than 2,400 square feet under a lease with Greek Development.
Blau & Berg broker promoted to senior director
The Blau & Berg Co. has announced the promotion of a broker specializing in supply chain and logistics-related properties.
CBRE brokerage team touts $1.1 billion in New Jersey investment sales in 2019
A regional brokerage team with CBRE is hailing more than $1 billion in sales in 2019, highlighted by the $151.2 million trade of a nearly 320,000-square-foot logistics center in Secaucus.
CBRE inks $4.7 million sale of North Jersey flex, industrial portfolio
A family estate has sold a four-building, 95,000-square-foot industrial and flex portfolio in northern New Jersey, under a newly announced transaction by CBRE.
Treetop adds second Freehold industrial building, plans 200,000 sq. ft. redevelopment
Treetop Development has added its fourth industrial building in recent months, acquiring a nearly 155,000-square-foot complex in Freehold that it now plans to redevelop.
NAI Hanson: Lighting firm acquires South Hackensack building, relocating from NYC
A lighting company is relocating from Manhattan after acquiring a 20,000-square-foot industrial building in South Hackensack, in a newly announced deal by NAI James E. Hanson.
Investors acquire 149,000 sq. ft. Meadowlands property, CBRE says
An investment group has closed on its purchase of a 149,000-square-foot commercial property in Secaucus, in a newly completed transaction by CBRE.
