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.

Roselle Park warehouse fetches $4.65 million, Lee & Associates New Jersey says

An 80,000-square-foot warehouse in Union County has changed hands for $4.65 million, brokers with Lee & Associates New Jersey announced Wednesday.

JLL: Marketing, PR firm sells Eatontown flex building

A marketing and public relations firm has sold a 36,500-square-foot flex facility in Eatontown, in a transaction arranged by brokers with JLL.

NAI DiLeo-Bram adds associate vice president to growing brokerage team

NAI DiLeo-Bram & Co. has bolstered its team of industrial brokers with the addition of a new associate vice president.

Contractor acquires 2.7-acre Roxbury site for office space, equipment storage

A production and construction management company is relocating within Morris County after acquiring a 2.7-acre property in Roxbury, according to NAI James E. Hanson.

Planting the Seed for A Greener New Jersey: The Intersection of Legal Cannabis and Real Estate in the Garden State (Part 1)

Most are undoubtedly aware that, in this past election, New Jersey voters overwhelmingly passed a ballot initiative to legalize the recreational use of cannabis for adults age 21 years or older. Due to our state’s geographic location and dense population, experts predict this marketplace will quickly become a multibillion-dollar industry. As we wait for the cannabis sector to spark up in New Jersey, now more than ever, those interested in joining the industry should evaluate what type of real estate space is best suited for this emerging industry, which will differ based on the type of cannabis license it seeks.

Roxbury industrial buildings sell for $1.9 million, Charity Realty says

Two Morris County commercial buildings with a combined 34,870 square feet have changed hands for $1.9 million, in a transaction arranged by Charity Realty International.

Investor lands $49 million loan for North Jersey warehouse portfolio deal

The buyer of an 18-building, 724,000-square-foot industrial portfolio in northern New Jersey has secured nearly $49 million in acquisition financing, in a transaction arranged by JLL.

Camber adds 1.24 million sq. ft. industrial portfolio in South Jersey, Pennsylvania

Investment firm Camber Real Estate Partners is expanding its footprint to South Jersey and Pennsylvania, having acquired a 1.24 million-square-foot industrial portfolio in the region.

Highway safety company sells 32,000 sq. ft. Vineland facility, WCRE says

A business that provides highway signage and safety equipment has sold a 32,000-square-foot industrial building in Vineland, according to Wolf Commercial Real Estate.

CBRE: Available warehouse, logistics space in New Jersey hits record low as calendar turns

In a year that only reaffirmed the strength of New Jersey’s industrial sector, availabilities in the market reached an all-time low as demand surged further through the end of 2020.