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
JLL: Multitenant, 109,000 sq. ft. warehouse in Piscataway trades for $21 million

An investment group has sold a nearly 109,000-square-foot warehouse in Piscataway for $21.2 million, brokers with JLL announced Thursday.

Industrial
Connors inks sale of 55,000 sq. ft. Bayonne warehouse

A private buyer has purchased a nearly 55,000-square-foot industrial building in Bayonne, under a deal arranged by the William F. Connors Agency.

Events
IOREBA, CREW NJ to host joint networking event on June 5

Two commercial real estate associations are coming together for a joint networking event at the Warren Corporate Center office campus off Interstate 78.

Industrial
Developers sell newly built 294,000 sq. ft. industrial building in Livingston, C&W says

A joint venture has sold nearly 300,000 square feet of newly built industrial space in Livingston, following the redevelopment of a vacant office building.

Industrial
Devli completes four-acre assemblage in Meadowlands after three industrial deals

Devli Real Estate has completed its acquisition of three neighboring industrial properties in Carlstadt, assembling four acres in the Meadowlands as it continues to build its portfolio.

Industrial
Two-building, 75,000 sq. ft. industrial portfolio in Clark trades for $11 million, Zimmel says

Affiliates of Denholtz Properties have sold more than 75,000 square feet of flex industrial space in Clark, under a deal arranged by Zimmel Associates.

Industrial
BRC: Dredging company takes 14,000 sq. ft. in Hillside industrial deal

A dredging and marine salvage company has leased more than 14,000 square feet at a Hillside industrial building, in a newly announced deal by Bussel Realty Corp.

Industrial
McBride: Goodman buys second Carlstadt parcel, plans 100,000 sq. ft. warehouse

A developer is planning a new 100,000-square-foot warehouse in Carlstadt after acquiring the second of two adjacent properties, in a deal arranged by McBride Corporate Real Estate.

Photos
IOREBA hosts bourbon tasting in Fairfield

A group of New Jersey commercial real estate leaders kicked back last week for a special bourbon tasting hosted by the Industrial & Office Real Estate Brokers Association.

Industrial
Prologis buys 25,000 sq. ft. Lodi industrial building for $5.5 million, CBRE says

Prologis Inc. has acquired a nearly 25,000-square-foot industrial building in Lodi for $5.5 million, brokers with CBRE announced Thursday.