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 Services
Donnelly unveils UV lighting service for sanitizing commercial buildings

A unit of Wayne-based Donnelly Construction is expanding its services with the addition of ultraviolet lighting solutions for commercial real estate owners.

Industrial
Philadelphia investment firm closes deals in Burlington, Camden counties

An investment firm has completed its acquisition of a five-building, 64,000-square-foot industrial park in Burlington County.

Industrial
New Jersey industrial rents hold strong during COVID outbreak, brokerage firms say

The pandemic has not stifled rent growth in New Jersey’s industrial market, as Amazon and other e-commerce users continue to drive leasing and construction activity statewide.

Industrial
Black Creek Group acquires 172,000 sq. ft. industrial building in Robbinsville

An investment firm has added to its growing footprint in New Jersey with the purchase of a fully leased, 172,417-square-foot industrial building in Robbinsville.

Industrial
Team Resources inks 21,350 sq. ft. Meadowlands industrial sale

A meat manufacturer has acquired a two-building, 21,350-square-foot industrial complex in Carlstadt, under a newly announced transaction by Team Resources Inc.

Industrial
Utz renews for 11,000 sq. ft. in Freehold, Sheldon Gross says

A national snack maker has renewed its lease at a business park in Freehold, where it occupies nearly 11,000 square feet.

Policy Page
Workforce wellness, resiliency and ironclad industrial sector: Keys to recovery

Despite the ongoing adverse impacts from the COVID-19 pandemic, some experts report that the macroeconomic trends are looking favorable nationally, and especially for New Jersey, but it’s going to be pretty slow going. Marked differences exist among the various sectors, not all of which have bottomed out yet.

Industrial
Saddleback inks sale of Morris County warehouse after two-year turnaround

Saddleback Real Estate Developers has completed the sale of a newly renovated, 73,500-square-foot warehouse in the Flanders section of Mount Olive.

Industrial
Redevelopment bringing 174,000 sq. ft. of new industrial space to Camden County

A developer is bringing more than 170,000 square feet of new industrial space to Camden County, in a project that’s now being marketed by Colliers International.

Finance & Capital Markets
JLL: Monmouth County industrial buyer secures $10.7 million in debt, equity

The buyer of a 129,600-square-foot industrial building in Monmouth County has landed nearly $11 million in financing and equity for the acquisition, brokers with JLL announced Monday.