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
BRC: Shipping firm inks 87,000 sq. ft. expansion in Raritan Center

A trucking and shipping company is expanding its footprint after leasing nearly 90,000 square feet of industrial space in Edison, in a newly completed deal by Bussel Realty Corp.

Industrial
EverWest buys Somerset industrial building for $28 million, adding to growing portfolio

An investment manager has acquired a nearly 126,000-square-foot industrial building in Somerset County, marking its third such purchase in the region in two months.

Industrial
Stone company leases 24,000 sq. ft. at Meadowlands warehouse, NAI Hanson says

A family-owned stone company is taking more than 24,000 square feet of industrial space in East Rutherford, according to a brokerage team with NAI James E. Hanson.

Industrial
Brookfield acquires Ridgefield site, eyes 338,000 sq. ft. logistics center

Brookfield Properties is set to develop nearly 340,000 square feet of new industrial space in Ridgefield, following an affiliate’s purchase of a 19-acre parcel along Route 46.

Industrial
CBRE: Investment firm buys 144,000 sq. ft. Somerset industrial building

An investment manager has purchased a nearly 144,000-square-foot industrial building in the Somerset section of Franklin, in a deal arranged by brokers with CBRE.

People
Sanzari taps Fuller as new chief operating officer

Alfred Sanzari Enterprises has named a new chief operating officer after promoting a longtime industry executive who joined its ranks in 2019.

Industrial
WCRE inks sale of 24,000 sq. ft. industrial building in Robbinsville

An investor has purchased a nearly 24,000-square-foot industrial building in Robbinsville, according to a brokerage team with Wolf Commercial Real Estate.

Industrial
JLL: Investors wanted for 655,000 sq. ft. light industrial portfolio in Bergen, Morris

A portfolio of 10 light industrial buildings in Bergen and Morris counties is on the market for sale, with the potential to draw offers in the range of $135 million.

Industrial
C&W: Joint venture acquires 167,000 sq. ft. industrial park in Morris County

A joint venture has purchased a trio of Morris County industrial buildings totaling nearly 170,000 square feet, in a newly announced deal by Cushman & Wakefield.

Top News
Kushner Cos. taps familiar faces as newest CEO, president

Kushner Cos. has a new CEO and president after elevating two of its top executives to the roles.