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
NAI Hanson: Marble, stone distributor takes 13,000 sq. ft. in Teaneck

A marble and stone distributor has leased 13,000 square feet of industrial space in Teaneck, following a fire at a previous location that forced it to find a new home in the region.

Industrial
Sitar brokers 125,000 sq. ft. lease for build-to-suit industrial project in Tinton Falls

A developer has signed a full-building lease for what will be a 125,000-square-foot warehouse in Monmouth County, under a newly announced deal by Sitar Realty Co.

Industrial
Boniakowski inks sale of 28,000 sq. ft. Piscataway industrial building

An industrial building in Piscataway has changed hands for $4.3 million, according to a brokerage team with The Boniakowski Commercial Real Estate Group.

Industrial
Elberon, Avidan sign lease with Carvana at recently acquired Baltimore site

Elberon Development Group and The Avidan Group have secured a tenant at a 4.5-acre property in Baltimore, having recently acquired the site as their first outside New Jersey.

Finance & Capital Markets
C&W: Advance, Greek land $43 million loan for next phase of Logan industrial site

A development team has secured a nearly $43 million construction loan for the second phase of a 3.2 million-square-foot industrial park project in Logan Township.

Industrial
Maritime logistics firm takes 8,600 sq. ft. in Sayreville, BRC says

A logistics user has leased nearly 8,600 square feet of industrial space in Sayreville, in a newly announced transaction by Bussel Realty Corp.

Industrial
Essex County industrial parcel sold for $2 million, Lee & Associates New Jersey says

A trucking company has acquired a 1.25-acre industrial parcel in Irvington for just over $2 million, under a newly announced transaction by Lee & Associates New Jersey.

Industrial
Denholtz marks dual milestones in expansion of flex portfolio to Tinton Falls

Denholtz Properties is adding to its vast portfolio of flex industrial space, having completed its first building in Tinton Falls as it marks the start of another in the sought-after submarket.

Industrial
Investor buys historic 331,000 sq. ft. industrial complex in Paterson, C&W says

An investor has acquired a historic seven-building, 331,000-square-foot industrial complex in Paterson, in a newly announced transaction by Cushman & Wakefield.

Industrial
Kokes inks purchase of net-lease fitness center building in Monmouth

Kokes Properties has expanded its holdings with the acquisition of a roughly 16,000-square-foot fitness and training facility building in Wall Township.