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
Logistics firm takes 158,000 sq. ft. in Edison, Edgewater deals arranged by NAI Mertz

A third-party logistics firm has signed two leases totaling nearly 158,000 square feet across industrial buildings in Middlesex and Bergen counties, in a set of deals arranged by NAI Mertz.

Industrial
WCRE inks sale of 54,000 sq. ft Camden County industrial building

A trust has sold a nearly 55,000-square-foot industrial building in the Camden County township of Winslow, under a recent deal by Wolf Commercial Real Estate.

Industrial
HRP inks 80,000 sq. ft. lease for first deal at new Jersey City logistics park

Hilco Redevelopment Partners has secured its first tenant at a new industrial park in Jersey City, inking an 80,000-square-foot lease with a global logistics firm.

Industrial
REDCOM adds 40,000 sq. ft. at South Brunswick industrial building, BRC says

REDCOM Design & Construction has expanded by 40,000 square feet at a South Brunswick industrial building, according to a leasing team with Bussel Realty Corp.

Industrial
Caesarstone takes 35,000 sq. ft. at newly built warehouse in Fairfield, CBRE says

Luxury countertop maker Caesarstone has leased more than 35,000 square feet of newly built industrial space in Fairfield, in a deal arranged by CBRE.

Industrial
Bridge acquires 115,000 sq. ft. industrial service facility in Linden

Bridge Industrial has made another deal under its growing acquisition platform, adding a 115,000-square-foot service facility in Linden.

People
Veteran policy, planning expert Kennedy joins NAIOP New Jersey as part of CEO transition

Dan Kennedy has joined the leadership team of NAIOP New Jersey, marking the start of a transition period in which he’ll work alongside CEO Michael McGuinness before succeeding him at the helm of the commercial real estate development association.

Industrial
Dermody buys Gloucester development site for 214,000 sq. ft. industrial project, C&W says

Dermody Properties has acquired a Gloucester County development site with approvals in place to build more than 214,000 square feet of new industrial space.

Industrial
Treetop adds 245,000 sq. ft. flex portfolio in Wall with $41 million deal, CBRE says

Treetop Cos. has acquired more than 245,000 square feet of flex industrial space in Wall Township for $40.5 million, in a newly announced deal by CBRE.

Features
McGuinness reflects on 26 years at NAIOP, as industry leaders praise outgoing CEO

In an interview, outgoing NAIOP New Jersey CEO Michael McGuinness reflected on a tenure that’s been marked by service, stability and impressive membership growth, as chapter leaders touted a record of persistent yet professional advocacy that has earned the respect of both industry executives and government officials throughout the state.