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.

Top News
Developers, officials unveil plan for $125 million Lionsgate studio complex in Newark

A sprawling studio complex is coming to the former site of a Newark public housing complex, under a $125 million project unveiled Tuesday by its development team and public officials.

Professional Services
NAI Fennelly inks 31 leases, renewals through first four months of 2022

A brokerage team is touting the completion of 31 leases during the first four months of 2022, accounting for more than 200,000 square feet of activity in and around central New Jersey.

Industrial
Deck contractor buys Helmetta parcel for $925,000, Sheldon Gross says

A decking company has acquired 2.4 acres in Middlesex County that will meet its need for outdoor storage space, according to a broker with Sheldon Gross Realty.

Industrial
Prologis adds vice president, development officer in New Jersey and New York market

Prologis has tapped a construction industry veteran as a new vice president and development officer in the company’s New Jersey and New York region.

Industrial
Sale of Middlesex self-storage asset among three recent commercial deals by Kislak

A longtime owner has sold a 72-unit self-storage property in Middlesex Borough for nearly $1.1 million, in one of three newly announced deals by The Kislak Co. Inc.

Industrial
Duke Realty adds vice president of leasing, development in New Jersey

Duke Realty has bolstered its team in the region with the hiring of a new vice president of leasing and development, the real estate investment trust announced.

Industrial
Top developers, owners see continued growth for industrial market, despite new headwinds

More than 200 attendees turned out April 26 for “The View from the Top: A Conversation with Leaders in Logistics Real Estate,” a conference hosted by Real Estate NJ at The Highlawn in West Orange. Speakers included (clockwise from top…

Industrial
Vacant 15,000 sq. ft. Clifton warehouse trades for $3 million, Newmark Associates says

The longtime owner of a 15,000-square-foot industrial building in Clifton has sold the property for $3 million, in a deal arranged by Newmark Associates CRE LLC.

Industrial
LMC touts groundbreaking for 30,000 sq. ft. spec warehouse in Piscataway

Construction is underway on a new speculative 30,000-square-foot industrial building in Piscataway, according to a property team with Levin Management Corp.

Industrial
Newmark: Fitness equipment maker renews 32,000 sq. ft. lease at Randolph flex park

A fitness equipment maker has renewed its lease at a flex industrial campus in Randolph, where it occupies more than 32,000 square feet at a location just off Route 10.