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.

Finance & Capital Markets
C&W: Developers ink $235 million permanent loan for Linden logistics campus

Advance Realty Investors and Greek Development have secured $235 million in permanent financing for the first phase of a massive logistics campus under construction in Linden.

Industrial
NAI DiLeo-Bram: Plainfield industrial building sells for $2.35 million

An epoxy flooring company has acquired a nearly 14,000-square-foot industrial building in Plainfield, under a transaction arranged by NAI DiLeo-Bram & Co.

Industrial
Industrial user moving from Queens, takes 20,000 sq. ft. in South Hackensack

NAI James E. Hanson has negotiated a full-building, 19,600-square-foot industrial lease in South Hackensack for Everest Construction Group.

Industrial
Sensor company leases 16,000 sq. ft. in Roxbury, Charity Realty says

ASO Safety Solutions, a provider of premium quality sensor systems for automated doors, gates and machines, has signed a long-term lease for 16,200 square feet at 350 North Frontage Road in Roxbury, in a deal negotiated by Charity Realty International.

Sponsored Content
Inflation and the effects on new construction in 2022

As the United States tries to claw its way out of the COVID-19 pandemic, a long-discussed concern in the market has finally started to come to fruition and affect the economy globally. A disrupted supply chain, labor shortages and record government stimulus has begun to drive prices higher leaving nearly all industries uncertain of what the future holds. For the real estate and construction industry, an elevated inflation rate and the setbacks from the pandemic have resulted in what some call a perfect storm that is showing to have a magnified impact on the development costs and timelines of new projects.

Policy Page
New Jersey has many blessings to count

As we come to the end of another challenging year, it’s a good time to reflect on the many blessings New Jersey can count.

Industrial
CBRE: Central Jersey leads U.S. industrial markets in ‘sticker shock’ for tenants

Industrial tenants in central New Jersey are facing a nearly 64 percent rent hike from leases they signed five years ago, CBRE found, marking the highest such figure of any region in the U.S.

Office
Deluccia inks sale of development site for Bridgewater medical office building

A developer has acquired a property in Bridgewater that’s now slated to become a new 43,000-square-foot medical office building, in a deal arranged by Deluccia Commercial Group.

Industrial
Wharton Industrial adds seven buildings in South Jersey, eastern Pennsylvania

An investment firm has expanded its portfolio by more than 450,000 square feet with the addition of seven industrial properties in southern New Jersey and eastern Pennsylvania.

Industrial
BRC inks sale of 8,000 sq. ft. repair facility in Sayreville

A company that repairs shipping trailers has purchased an 8,000-square-foot industrial building in Sayreville, under a deal arranged by Bussel Realty Corp.