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
Redcom buys 36,000 sq. ft. industrial building in Westfield, BRC says

A locally based design, engineering and construction firm has purchased a 36,000-square-foot industrial building in Westfield, in a newly announced transaction by Bussel Realty Corp.

Industrial
Devli adds 80,000 sq. ft. with industrial deals in northern, central New Jersey

Devli Real Estate has expanded its New Jersey industrial portfolio by more than 80,000 square feet with a series of acquisitions in Bergen, Hudson and Monmouth counties.

Industrial
Seagis acquires 63,000 sq. ft. industrial building in South Hackensack

Seagis Property Group has acquired a 63,000-square-foot distribution facility at 41-51 James St. in South Hackensack.

Industrial
Investor buys 13,000 sq. ft. flex industrial building in Atlantic County, WCRE says

A buyer has expanded its portfolio with the addition of a 13,000-square-foot flex industrial building in Atlantic County, according to Wolf Commercial Real Estate.

Industrial
Dermody, snack maker ink 201,000 sq. ft. lease at new Gloucester logistics campus

Dermody Properties has secured its first tenant at a new logistics park in Gloucester County, leasing more than 200,000 square feet to a specialty snack company.

Industrial
Hanover warehouse, flex building trades for $3.4 million, Lee & Associates New Jersey says

Lee & Associates New Jersey has negotiated the sale of a 21,725-square-foot warehouse and flex building in Hanover for $3.425 million.

Industrial
Habitat for Humanity affiliate takes 11,500 sq. ft. for South Jersey replenishment center

A regional Habitat for Humanity chapter has leased nearly 12,000 square feet of industrial space in Atlantic County, in a newly announced deal by Vantage Commercial.

Industrial
EverWest buys three-building, 190,000 sq. ft. Meadowlands portfolio for $66 million

An investment manager has acquired three Moonachie industrial buildings for nearly $66 million, adding more than 190,000 square feet to its fast-growing portfolio in New Jersey.

Industrial
Dermody Properties taps Borny as next east region partner

Dermody Properties has named a new east region partner to fill the role of a veteran industry executive who is retiring at year-end.

Industrial
Brooklyn business acquires 48,000 sq. ft. Ewing warehouse, NAI Fennelly says

A wholesaling business is expanding to Mercer County after acquiring a 48,000-square-foot industrial building outside Trenton, in a deal arranged by NAI Fennelly.