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
Going fast: New report details shrinking lease-up times for spec warehouse space

Newly built speculative industrial space in northern New Jersey is leasing in less than two months on average, in the latest sign of the market’s ongoing supply and demand imbalance.

Industrial
Investor buys 8,700 sq. ft. ex-bakery facility in Carlstadt, Marcus says

A private investor has purchased a nearly 9,000-square-foot industrial building in Carlstadt for $2.7 million, brokers with Marcus & Millichap announced Monday.

Event Coverage
Panel: Environmental, social and governance goals play a growing role in CRE investing

Commercial real estate investors are increasingly focused on environmental, social and governance initiatives, or ESG, as they look to the future of their portfolios, partnerships and daily business operations.

Industrial
NAI Hanson inks sale of 6,500 sq. ft. Hackensack industrial property

An investment firm has purchased a 6,500-square-foot industrial flex building in Hackensack, under a newly announced transaction by NAI James E. Hanson.

Industrial
CBRE: Rockaway industrial building sells for $20 million, with Party City set to depart

An investor has purchased a Rockaway industrial building that has served as office space in recent years but will now go back to its original use, brokers with CBRE announced.

Industrial
Investor demand for industrial space soaring to new heights, as rents rise at record pace

Industrial rents in New Jersey and other top markets are rising at unprecedented rates, leaving investors hungrier than ever for properties across the asset class.

Industrial
Investor sells 95,000 sq. ft. industrial building in Union, Blau & Berg says

A private investor has sold a multitenant, 95,000-square-foot industrial building in Union Township, according to a brokerage team with The Blau & Berg Co.

Industrial
Sanzari inks 11,000 sq. ft. renewal with printer, its oldest tenant, in South Hackensack

Alfred Sanzari Enterprises has negotiated a lease renewal with The Print Group, its oldest tenant, for 11,015 square feet of industrial space in South Hackensack.

Industrial
STRO, Millstein family office acquire 90,000 sq. ft. industrial asset in Passaic

The Millstein family office and The STRO Cos. have completed their purchase of a 90,000-square-foot industrial property in Passaic.

Industrial
Dumpster, garbage service provider buys Ridgefield Park parcel, NAI Hanson says

NAI James E. Hanson has negotiated the sale of a 3.5-parcel in Ridgefield Park.