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.

Industrial
Tulfra plans 265,000 sq. ft. self-storage, parking facility at newly acquired Jersey City site

Tulfra Real Estate has purchased a site in Jersey City that it says will tap into the demand for both parking and self-storage in the booming municipality.

Industrial
JLL: Buyer wanted for single-tenant, 131,000 sq. ft. industrial property in Newark

The owner of a two-building, 131,000-square-foot industrial complex in Newark is seeking a buyer for the property, in a newly announced offering by JLL.

Industrial
Developers plan 426,000 sq. ft. industrial campus after buying Somerset office property

A joint venture has acquired an office building and adjacent land in Franklin Township, with plans to redevelop the site as a two-building, 426,000-square-foot industrial campus.

People
Denholtz expands construction, finance teams with five new hires

Denholtz Properties has announced five new hires, with an eye toward bolstering its internal construction and finance teams in the wake of the pandemic.

Industrial
Premier delivers 50,000 sq. ft. warehouse, headquarters for logistics firm in Piscataway

A design and construction firm is marking the completion of a facility in Piscataway that will serve as a new warehouse and headquarters for a growing logistics provider.

Industrial
Pennsauken warehouse fully leased after deal with beverage packer

A packaging company is tripling its footprint in the region after taking more than 63,000 square feet of industrial space in Pennsauken, according to brokers with Colliers International.

Finance & Capital Markets
JLL: Owner of three Raritan Center buildings in Edison refis for $14 million

The owner of three industrial buildings in Edison’s Raritan Center has refinanced for $14.35 million, in a transaction arranged by JLL.

Industrial
Sitex acquires 30,000 sq. ft. warehouse in Fairfield

Sitex Group has picked up a 30,000-square-foot warehouse in Fairfield, where it’s planning a series of upgrades with the building slated to become available in 2022.

Technology
Warren County solar farm fetches $3.5 million, C&W says

A new 49-acre solar farm in Warren County has changed hands for $3.5 million, under a transaction arranged by Cushman & Wakefield.

Industrial
WCRE: Camden County building sold, set to become headquarters for solar company

A former gym operator has sold a 35,000-square-foot commercial building in Camden County, under a newly announced deal by Wolf Commercial Real Estate.