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
Developer eyes 1.2 million sq. ft. industrial project in Northeast Pennsylvania, JLL says

A national investor has acquired an 85-acre development site in Pennsylvania, about 20 miles outside New Jersey, with plans to build 1.2 million square feet of modern industrial space.

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Construction set to begin on 155,000 sq. ft. Brookfield industrial building in Fair Lawn

Brookfield Properties is bringing more than 150,000 square feet of new industrial space to the Bergen County borough of Fair Lawn, with construction set to begin in the months ahead.

Industrial
Two-building, 125,000 sq. ft. flex complex in Florham Park trades for $22.5 million

The longtime owner of a nearly 125,000-square-foot flex industrial complex in Florham Park has sold the property for $22.5 million, in a deal arranged by McBride Corporate Real Estate.

Industrial
Division of HVAC giant Watsco takes 24,000 sq. ft. at Lakewood warehouse

A subsidiary of HVAC distributor Watsco Inc. has leased 24,000 square feet of warehouse space in Lakewood, according to a legal team with Bertone Piccini LLP.

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Developer eyes Q1 groundbreaking for massive studio campus in Bayonne, Turner says

Construction is set to begin early next year on a planned 1.5 million-square-foot film and television studio complex in Bayonne, according to a team with Turner Construction Co.

Industrial
JLL: Buyer sought for Middlesex County industrial buildings totaling 574,000 sq. ft.

Two industrial buildings in Middlesex County have hit the market for sale, with the potential to trade for a combined price of around $170 million.

Industrial
Marcus Partners adds Middlesex industrial property for $37 million, Lee & Associates says

A private owner has sold a two-building, 200,000-square-foot industrial property in Middlesex County, brokers with Lee & Associates New Jersey announced Wednesday.

Industrial
Branchburg industrial condos totaling 15,000 sq. ft. trade for $2.7 million, Deluccia says

Deluccia Commercial Group has brokered the sale of three contiguous, 5,000-square-foot industrial condominium units in Somerset County for $2.7 million.

Industrial
Sitex adds 40,000 sq. ft. Avenel industrial building for $20 million, in short-term sale-leaseback

Sitex Group has purchased a 40,000-square-foot industrial building in the Avenel section of Woodbridge for $19.7 million, in a newly announced deal by Bussel Realty Corp.

Industrial
Business owner sells 33,000 sq. ft. Tinton Falls industrial building, Zimmel says

The owner of a plumbing and heating supply business has sold a 33,000-square-foot industrial building in Tinton Falls for $5.4 million, brokers with Zimmel Associates announced.