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
Sanzari, BioReference ink 160,000 sq. ft. renewal in Elmwood Park

One of the nation’s largest specialty laboratories has renewed its three-building, 160,000-square-foot lease across three Elmwood Park properties owned by Alfred Sanzari Enterprises.

Industrial
First Industrial plans 208,000 sq. ft. logistics project in Bordentown, NAI Mertz says

A developer has purchased a 20-acre parcel in Bordentown, where it plans to build more than 200,000 square feet of new logistics space near the junction of two major highways.

Industrial
Junk hauler buys Howell industrial site for $1.2 million, Sheldon Gross says

A junk removal company has paid $1.2 million for a roughly three-acre industrial property in Howell, in a newly announced transaction by Sheldon Gross Realty.

Industrial
Donnelly eyes start of 25,000 sq. ft. warehouse project in Wayne

A construction firm has announced plans for a new 25,000-square-foot industrial building in Wayne, the first of two slated for a site at the western edge of the township.

Industrial
Duke Realty names new development associate in New Jersey

Duke Realty has hired Gregg Bazzani as a development associate in New Jersey.

Industrial
Top brokerage team led by Lissner, Waxman joins C&W industrial group

A team led by two of the state’s top industrial brokers has joined Cushman & Wakefield, bringing a vast network of owner and occupier clients in an asset class that has soared to unprecedented levels in recent years.

Roundtable
What will be a major environmental or sustainability concern for property owners in 2022?

What will be a major environmental or sustainability concern for property owners in 2022? We assembled a panel of industry experts to tackle this month’s question.

Industrial
BRC: Trucking firm takes 60,000 sq. ft. at Piscataway industrial building

A trucking company has signed a full-building lease for nearly 60,000 square feet of industrial space in Piscataway, under a newly announced deal by Bussel Realty Corp.

People
Diversified Properties names new chief financial, operations officer

Diversified Properties, a Montville-based commercial and residential real estate developer, has named Greg Adami as its chief financial officer and chief operations officer.

Industrial
Vision, Barings tap CBRE as leasing agent at East Hanover industrial park

A joint venture has picked CBRE as its leasing team for nearly 170,000 square feet of industrial space just north of Route 10 in East Hanover.