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
WP Properties leases 48,000 sq. ft. to backfill two Dover industrial spaces

WP Properties has backfilled a pair of neighboring industrial spaces in Dover, the firm announced, in leases that total 48,000 square feet.

Industrial
Second logistics firm coming to Morris County property, leasing 844,000 sq. ft.

A logistics firm has leased more than 840,000 square feet of industrial space in Morris County, helping to backfill what was a sprawling Toys R Us facility that investors have repositioned.

Industrial
Greek unveils new corporate HQ, addition of 17 employees in 2022

Greek Development has announced the opening of a new corporate office in East Brunswick to accommodate a business that has doubled in size since late last year.

Industrial
New 191,000 sq. ft. industrial building coming to Route 1 in North Brunswick, C&W says

The developer of what will be nearly 200,000 square feet of new industrial space in North Brunswick has tapped Cushman & Wakefield to lease the property.

Industrial
Larken announces new leases, expansion at 550,000 sq. ft. Hillsborough business park

Larken Associates has announced nearly 9,000 square feet in new leasing at its 550,000-square-foot Hillsborough Business Center in Somerset County.

People
Woodmont makes five new hires to support growing portfolio, development pipeline

Woodmont Properties has announced five new hires across its multifamily development, industrial, legal and marketing teams.

Industrial
STRO, Hispanic foods company sign 20,000 sq. ft. lease in Hackensack

The STRO Cos. has leased nearly 20,000 square feet of industrial space in Hackensack to a national food distributor, the real estate firm announced Tuesday.

Industrial
Faropoint sells multistate, 6.8 million sq. ft. industrial portfolio for $481 million

Investment firm Faropoint has sold a multistate, 6.8 million-square-foot portfolio of warehouse and light industrial properties for $481 million.

Industrial
Nail care company sells 152,000 sq. ft. Paterson facility in sale-leaseback deal

An investor has acquired an industrial building in Paterson as part of a sale-leaseback with a nail care company, in a newly announced transaction by NAI James E. Hanson.

Industrial
EverWest buys 117,000 sq. ft. Meadowlands building in $37 million sale-leaseback

EverWest Real Estate Investors has acquired an East Rutherford industrial building for more than $37 million, in the latest addition to its fast-growing portfolio in the state.