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.

Professional Spotlight
MSW names new counsel in commercial real estate, finance groups

Murphy Schiller & Wilkes LLP has added a veteran attorney to its growing commercial real estate and finance practice groups, the Newark-based firm announced.

Industrial
CBRE: Vineland industrial building sold to private equity firm, fetching $22 million

A private equity firm has expanded its industrial portfolio in the state with the purchase of a fully leased, 269,500-square-foot property in Vineland, according to brokers with CBRE.

Industrial
W.P. Properties, e-commerce firm ink 40,000 sq. ft. lease in Dover

W.P. Properties has leased 40,000 square feet in Morris County to a local e-commerce distributor, in the largest of several transactions at an industrial complex near Route 46.

Industrial
WCRE closes 10,000 sq. ft. flex building sale in Pennsauken

A construction business is relocating to a nearly 10,000-square-foot flex industrial building in Pennsauken after acquiring the property, according to Wolf Commercial Real Estate.

Industrial
NAI Hanson: Forsgate acquires 157,000 sq. ft. industrial building in Wayne

Forsgate Industrial Partners has acquired a nearly 160,000-square-foot industrial building in Wayne, under a newly announced transaction by NAI James E. Hanson.

Industrial
Trucking firm buys former steel plant property in Boonton, JLL says

The owner of a former steel plant in Boonton has sold the 55,000-square-foot property, in a newly announced transaction by JLL.

Industrial
Hartz eyes 515,000 sq. ft. industrial project in Teterboro

Hartz Mountain Industries is planning some 515,000 square feet of new industrial space in Teterboro after recently completing a 30-acre assemblage along Route 17.

Industrial
Bridge, Link Logistics detail 428,000 sq. ft. industrial project in Lehigh Valley

Bridge Development Partners is crossing the Delaware River for its latest expansion, unveiling plans for nearly 430,000 square feet of new industrial space in Pennsylvania’s Lehigh Valley.

Industrial
Sheldon Gross inks two new leases at Freehold industrial park

Two new tenants are coming to a Freehold industrial building after leasing a combined 12,535 square feet at the property, according to brokers with Sheldon Gross Realty.

Industrial
NAI Hanson: Brooklyn beverage maker buys 46,000 sq. ft. industrial building in Clifton

A Brooklyn-based beverage maker has expanded into North Jersey with its purchase of a nearly 46,000-square-foot industrial building in Clifton, according to NAI James E. Hanson.