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
Connors inks sale of 15,000 sq. ft. Irvington industrial building

The William F. Connors Agency has brokered the sale of a 15,000-square-foot industrial building in Irvington, the firm announced Friday.

Industrial
Developer’s plan would bring 272,000 sq. ft. warehouse to untapped Passaic County borough

A family-owned firm is hoping to bring modern warehouse space to a lesser-known swath of Passaic County, starting with a 272,000-square-foot facility just off Interstate 287.

Retail
New Jersey real estate projects, people take center stage at annual ULI gala (PHOTOS)

Commercial real estate industry leaders gathered recently to celebrate a host of projects and individuals as part of the Urban Land Institute of Northern New Jersey’s annual awards gala.

Industrial
Flex warehouse in Franklin Lakes fetches $3.8 million, Lee & Associates N.J. says

An investor has purchased a nearly 18,000-square-foot flex warehouse in the Bergen County borough of Franklin Lakes, according to a team with Lee & Associates New Jersey.

Editor’s Note
Shifting gears

Camden city officials are now focusing on quality-of-life improvements that they feel will help draw new residents, following decades of population declines and years of corporate and institutional projects spurred by lucrative, often-controversial tax breaks from the state,

Industrial
Saxum boosts industrial platform with new director of investments

Saxum Real Estate has welcomed a new director of investments for its industrial platform, tapping a veteran executive to spearhead its growth in the asset class.

Industrial
Walls tilted at site of 702,000 sq. ft. logistics center in Palmyra, brokers say

A development team is eyeing a September delivery for more than 700,000 square feet of new industrial space in Burlington County, the project’s leasing team announced Monday.

Government & Public Policy
Mandelbaum Barrett attorney lands site plan approval for projects in Essex, Passaic counties

A plan to build a new YMCA campus in Livingston is moving ahead after recently landing a key local approval, according to an attorney with Mandelbaum Barrett PC.

Industrial
Foundation work underway at 333,000 sq. ft. spec warehouse in Bayonne, LEG says

Lincoln Equities Group has broken ground on more than 330,000 square feet of speculative warehouse space in Bayonne, in the final piece of a highly touted 153-acre industrial park.

Industrial
Denholtz adds 54,000 sq. ft. Charlotte property under new JV for industrial deals

Denholtz Properties has acquired a nearly 54,000-square-foot building in Charlotte, marking its first deal under a newly formed, $1 billion joint venture for industrial properties.