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
Larken inks two new leases at sprawling Hillsborough business park

Two new tenants have combined to lease more than 2,600 square feet at a sprawling business park in Hillsborough, in a set of transactions announced by Larken Associates.

Industrial
Chicago-based developer acquires Burlington site, plans 1.5 million sq. ft. logistics park

A developer has closed on more than 70 acres in Burlington County, paving the way for as much as 1.5 million square feet of new industrial space along Route 130.

Finance & Capital Markets
NAI DiLeo-Bram: Northern, central New Jersey investment sales bounce back in first half

Investment sales in a five-county swath of New Jersey rebounded in the first half of 2021, thanks to major deals in the industrial and office sectors and incremental growth in retail transactions.

Industrial
Three-building, 193,000 sq. ft. industrial complex in Bergen County sells for $27 million

A fully leased, three-building industrial complex in Bergen County has traded for $27 million, under a newly completed transaction by Cushman & Wakefield.

Industrial
Packaging, logistics firm takes 118,000 sq. ft. at Piscataway industrial park

A packaging and logistics company has leased nearly 120,000 square feet of industrial space in Piscataway, under a newly announced transaction by JLL.

Industrial
Woodmont sells new 101,000 sq. ft. industrial building in Woodbridge

An affiliate of Woodmont Properties has sold a newly built, fully leased industrial property in Woodbridge to a buyer that has also become one of its newest joint venture partners.

Industrial
Tulfra secures 3,300 sq. ft. lease expansion at Whippany flex property

Tulfra Real Estate has completed a new lease expansion with a tenant at a 57,000-square-foot commercial property in Morris County, the firm announced Friday.

Industrial
JLL inks sale of potential industrial development site on Long Island

A developer has purchased a two-building, 10-acre property on Long Island, where plans allow for up to roughly 184,000 square feet of new industrial space near two major highways.

Industrial
Wharton Industrial adds to area portfolio with Pennsauken, Cherry Hill deals

A real estate investment firm has acquired six industrial properties in Camden County, marking the latest additions to its growing portfolio in southern New Jersey.

Finance & Capital Markets
JLL secures loan to refinance Denholtz industrial campus in Fairfield

Denholtz Properties has refinanced a two-building, 90,000-square-foot industrial portfolio in Fairfield, in a transaction arranged by brokers with JLL.