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
NAI Hanson completes lease for Jersey City industrial lot

A contractor that serves water, waste and energy utilities has leased more than three quarters of an acre in Jersey City, in a newly announced transaction by NAI James E. Hanson.

Industrial
Newmark inks final deal in sale of $100 million light industrial portfolio in Somerset, Warren

Newmark has brokered the sale of two buildings in Somerset County with a combined 236,000 square feet, completing the trade of a portfolio valued at more than $100 million.

Finance & Capital Markets
Advance, Greek land $227 million in financing for next phases of Linden, Logan logistics parks

Advance Realty Investors and Greek Development have closed on more than $227 million in financing for their ongoing high-profile industrial developments in Linden and Logan Township.

Office
Denholtz sells 238,000 sq. ft. office, flex portfolio in Hamilton, in Newmark-brokered deal

Denholtz Properties has sold nearly 240,000 square feet of office and flex space in Hamilton as part of a newly announced, $26.5 million deal arranged by Newmark.

Industrial
Developer sells 14,000 sq. ft. industrial space under construction in Sparta, NAI Hanson says

The site of a nearly 15,000-square-foot industrial building under construction in Sparta has traded for $2.1 million, in a newly announced deal by NAI James E. Hanson.

Industrial
Chilmark: Flooring company expands in Allendale with another 24,000 sq. ft.

A flooring company has expanded its footprint in Allendale with a newly completed lease for nearly 24,000 square feet, according to a broker with Chilmark Real Estate Services.

Industrial
Trucking firm’s office, storage facility in Green Brook trades for $1.5 million

A third-generation trucking firm has sold its office and depot facility in Somerset County for $1.5 million, in a newly announced deal by Deluccia Commercial Group.

Government & Public Policy
NAIOP New Jersey details Landante’s new role as director of communications, policy

NAIOP New Jersey has announced the addition of a public affairs and public relations veteran as its newest director of communications and policy.

Industrial
Blau & Berg inks purchase, lease of Linden trucking facility

The site of a warehouse and truck trailer storage facility in Linden has attracted a new tenant after recently changing hands, in a series of deals by The Blau & Berg Co.

Industrial
CBRE inks $15 million sale of 91,000 sq. ft. industrial park, development site in Freehold

An industrial buyer has added six buildings in Freehold totaling nearly 91,000 square feet, part of a $15.2 million deal announced Wednesday by CBRE.