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.

NAI Hanson: E-commerce service firm inks lease in Fair Lawn

An e-commerce toy and clothing distributor has leased 12,500 square feet at a warehouse and flex building in Fair Lawn, according to NAI James E. Hanson.

NAIOP gala honors projects and CRE leaders of past and present

NAIOP New Jersey unveiled three Deal of the Year awards at its annual gala, which also honored two late industry icons, Arthur Greenbaum and Caren Franzini. The program also recognized three of the state’s leading service firms — JLL, Biggins Lacy Shapiro & Co. LLC and Hollister Construction — before a packed house at The Palace at Somerset Park in Franklin.

Upgrades planned at Monmouth industrial park after $7.5 million trade, Bussel says

A nine-building, 165,000-square-foot industrial park in Monmouth County has changed hands for $7.5 million, following a sale brokered by Bussel Realty Corp.

NAI Hanson: Event manager takes 130K sq. ft. at Lackawanna Center

An event management company is relocating to Lackawanna Center in Jersey City, leasing more than 130,000 square feet at the repurposed railroad warehousing and distribution building.

NGKF: Redevelopment, conversion projects increasingly help ‘prune’ N.J. office market

Large vacancies have loomed over northern New Jersey’s office market in recent years, but a series of redevelopment and adaptive reuse projects are now helping to make a dent in the region’s stubbornly high availability rate.

Supply chain expert joins Savills Studley industrial team

Savills Studley has hired a supply chain consulting professional in an effort to bolster its industrial services group, the tenant representation firm said this week.

NAI Hanson: Two hair care distribution firms lease new space in Teterboro

Two industrial tenants serving the hair care industry are moving within Bergen County, following a pair of leases negotiated by NAI James E. Hanson.

Value-add firm hires three, promotes one to support new growth

Accordia Realty Ventures has expanded its asset management team and promoted a longtime employee in order to handle its growing pipeline, the firm announced.

Stro Cos. touts 210K sq. ft. in flex, industrial acquisitions

The Stro Cos. has started the year by growing its industrial portfolio in northern and central New Jersey, acquiring five buildings spanning more than 200,000 square feet.

Marcus & Millichap brokers $5.6 million loan for industrial sale

Marcus & Millichap has arranged $5.6 million in financing for the trade of a 161,000-square-foot warehouse building in Union County, the firm said Monday.