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.

Top News
Bridge Industrial rebrands as Kurv Industrial to reflect changing market, operating platform

Bridge Industrial is now Kurv Industrial, a change meant to capture the firm’s evolution and the growth of a platform that includes substantial holdings in New Jersey.

Finance & Capital Markets
C&W: Sagard, Woodmont snag $56 million loan for 278,000 sq. ft. Rahway industrial project

A joint venture has landed a $56 million construction loan for a project that will bring nearly 278,000 square feet of new high-end warehouse space to Rahway.

Industrial
Doors and Spaces’ Whitmer to join developer panel for sold-out ‘Small Bay Summit’ in Atlanta

A new conference series is taking shape with the help of Doors and Spaces Industrial, the Morristown-based firm cofounded by commercial real estate veteran Brian Whitmer.

Industrial
Marcus: Investors buy fully approved site for 1,200-unit self-storage project in Ridgefield

An investment group has acquired a Bergen County development site with approvals in place for more than 1,200 new self-storage units, in a deal arranged by Marcus & Millichap.

Retail
Catalyst: Restaurant Depot takes 91,000 sq. ft., backfills big box for new Paramus location

A new Restaurant Depot is coming to Paramus after leasing more than 91,000 square feet off Route 17, in a deal arranged by Catalyst Real Estate Partners.

Industrial
Solar infrastructure firm buys 8,300 sq. ft. facility in Atlantic County, WCRE says

A solar panel infrastructure company has acquired a more than 8,300-square-foot flex industrial building in Atlantic County, in a newly announced deal by Wolf Commercial Real Estate.

Industrial
Saxum, partners close on site of planned 480,000 sq. ft. light industrial campus in Central Texas

Saxum Real Estate is expanding its footprint in Texas under a newly announced project that calls for 480,000 square feet of light industrial space across five buildings.

Industrial
Sheldon Gross: PuroClean takes 5,500 sq. ft. at Garwood light industrial building

A property damage restoration service has leased 5,500 square feet of light industrial space in Garwood, according to a brokerage team with Sheldon Gross Realty.

Industrial
Mapletree sells four New Jersey industrial assets in multistate, $575 million deal with EQT

Mapletree Investments is selling more than 4 million square feet of industrial space to EQT Real Estate for $575 million, in a deal that includes nearly 740,000 square feet in New Jersey.

Government & Public Policy
BPU greenlights massive expansion of community solar, launching new 3,000-megawatt block

A sweeping expansion of New Jersey’s community solar program is set to begin, allowing for a new wave of clean energy projects that benefit both residents and commercial landlords.