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
Sanzari, logistics user ink 41,000 sq. ft. lease in South Hackensack

A delivery and logistics company has found a new location in the Meadowlands, where it has leased more than 40,000 square feet of industrial space from Alfred Sanzari Enterprises.

Finance & Capital Markets
C&W: Joint venture recapitalizes three-building, 807,000 sq. ft. Newark industrial complex

An investment firm has joined the ownership group of a sprawling industrial complex in Newark, under a recapitalization announced Tuesday by Cushman & Wakefield.

Industrial
BRC inks 31,000 sq. ft. industrial lease in Kearny

An industrial user has signed a full-building, 31,000-square-foot lease in Hudson County, under a newly announced transaction by Bussel Realty Corp.

Events
Jersey City Summit announces three-day virtual event with Murphy, Fulop among speakers

Gov. Phil Murphy and Jersey City Mayor Steven Fulop will once again headline The Jersey City Summit for Real Estate Investment, a popular conference that’s slated to take place this year in virtual form and spotlight the community’s still-surging development pipeline.

Policy Page
Geopolitics and demographics impact commercial real estate in our region

Our state is making headlines these days in a number of good ways. One contributing factor is certainly geopolitics, the study of how place matters. While this term is more often used to describe countries and explain the origin and source of their wealth, culture and military strategy, we can also see how this applies at the state level.

Professional Services
March Associates announces new hires in project management, estimating

March Associates Construction Inc. has announced four new additions to its project management and estimating teams.

Industrial
Construction firm touts start of 508,000 sq. ft. industrial project in Florence

Construction is set to begin on more than 500,000 square feet of new industrial space in Burlington County, the latest piece of a developer’s fast-growing portfolio in the state.

Professional Services
NAI Hanson promotes Lennon, Todd to vice president

NAI James E. Hanson has promoted two industrial brokers to the role of vice president.

Top News
Got a feeling ’21 is (going to) be a good year

As we seem to be nearing the final stages of the global pandemic with more people getting vaccinated, federal stimulus monies pouring into our state and a new federal administration that is much more friendly to New Jersey, many of us are feeling that 2021 is going to be a good year.

Industrial
NAI Hanson inks sale of 11,000 sq. ft. industrial building in Bergen County

An investor has acquired an 11,360-square-foot industrial building in Bergen County, in a deal that comes six months after a long-term renewal by the property’s only tenant.