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
Rockefeller Group building new 147,000 sq. ft. distribution center in Piscataway

Rockefeller Group has kicked off its second industrial project in Piscataway, with plans to build a new 147,000-square-foot distribution center about a mile from Interstate 287.

Industrial
Faropoint inks $28 million sale-leaseback for 114,000 sq. ft. Ridgefield industrial portfolio

Real estate investment firm Faropoint has purchased two industrial buildings in Ridgefield, adding nearly 114,000 square feet in a sale-leaseback deal valued at $28.3 million.

Industrial
Bridge acquires 152,000 sq. ft. Somerset warehouse under new value-add platform

Bridge Industrial has completed its first deal in New Jersey under a recently launched value-add platform, acquiring more than 150,000 square feet of newly built space in Franklin Township.

Industrial
Tire shop leases 18,000 sq. ft. in Elizabeth, BRC says

A tire business has leased more than 18,000 square feet of industrial space in Elizabeth, in a newly announced deal by Bussel Realty Corp.

Industrial
Vantage Commercial: Cheer camp signs five-year, 8,000 sq. ft. lease in Gloucester Twp.

A cheerleading camp has signed a five-year lease at a newly available flex building in Gloucester Township, according to a brokerage team with Vantage Commercial.

Industrial
CBRE: New Jersey industrial leasing ticks up in Q1, even as owners tread lightly

Demand for industrial space remains healthy in New Jersey, even as owners and occupiers take a more cautious approach that could impact new construction in the months ahead.

Government & Public Policy
RPM, Solar Landscape mark Earth Day while showcasing Avenel community solar project

Support for one of New Jersey’s fastest-growing clean energy programs was on display this week, as advocates toured a so-called community solar project at a warehouse in Woodbridge.

Industrial
Hilco inks 845,000 sq. ft. lease in Hamilton, filling second piece of new logistics park

A developer has leased more than 845,000 square feet at a new industrial park in Hamilton, securing a tenant for the final piece of the project near the Trenton border.

Industrial
CBRE: Prologis, warehousing firm sign 115,000 sq. ft. lease in Secaucus

Prologis Inc. has brought a new tenant to a Secaucus industrial building, securing a 115,000-square-foot lease with a third-party warehousing and logistics firm.

Industrial
Medical equipment firm takes 33,000 sq. ft. at Allendale flex park, NAI Hanson says

A medical equipment supplier has leased nearly 33,000 square feet of industrial flex space in Bergen County, in a deal arranged by NAI James E. Hanson.