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
Top developers, owners see continued growth for industrial market, despite new headwinds

More than 200 attendees turned out April 26 for “The View from the Top: A Conversation with Leaders in Logistics Real Estate,” a conference hosted by Real Estate NJ at The Highlawn in West Orange. Speakers included (clockwise from top…

Industrial
Vacant 15,000 sq. ft. Clifton warehouse trades for $3 million, Newmark Associates says

The longtime owner of a 15,000-square-foot industrial building in Clifton has sold the property for $3 million, in a deal arranged by Newmark Associates CRE LLC.

Industrial
LMC touts groundbreaking for 30,000 sq. ft. spec warehouse in Piscataway

Construction is underway on a new speculative 30,000-square-foot industrial building in Piscataway, according to a property team with Levin Management Corp.

Industrial
Newmark: Fitness equipment maker renews 32,000 sq. ft. lease at Randolph flex park

A fitness equipment maker has renewed its lease at a flex industrial campus in Randolph, where it occupies more than 32,000 square feet at a location just off Route 10.

Finance & Capital Markets
Bergen County warehouse owner lands $13 million loan, G.S. Wilcox says

The owner of a 106,000-square-foot warehouse in Allendale has secured $13 million in financing, in a newly announced transaction by G.S. Wilcox & Co.

Industrial
Woodmont Industrial adds preleased 212,000 sq. ft. warehouse in Palm Beach County

Woodmont Industrial Partners has expanded its portfolio outside New Jersey with the acquisition of a newly delivered, 212,000-square-foot warehouse in South Florida.

Industrial
NAI DiLeo-Bram signs 16,000 sq. ft. sublease at Union Twp. warehouse

A trucking company has subleased a 16,000-square-foot building in Union Township, under a newly announced transaction by NAI DiLeo-Bram & Co.

Events
The view from the top: A conversation with leaders in logistics real estate (SLIDESHOW)

Real Estate NJ was thrilled to welcome a sold-out crowd to our recent event — The View from the Top: A Conversation with Leaders in Logistics Real Estate — at The Highlawn in West Orange. More than 200 attendees turned out to hear from five top industry executives — Jeff Milanaik of Bridge Industrial, Fritz Wyler of Prologis, PJ Charlton of CenterPoint Properties, Britt Winterer of Link Logistics (a Blackstone company) and Rob Kossar of JLL — for a timely, wide-ranging discussion on the state of the industrial real estate market.

People
Denholtz names new general counsel, tapping former Monmouth Real Estate executive

Denholtz Properties has tapped a veteran of the former Monmouth Real Estate Investment Corp. as its new general counsel, the Red Bank-based firm announced.

Industrial
Ware Malcomb touts completion of 140,000 sq. ft. FreezPak facility near Port Newark

A joint venture has completed construction on a new 140,000-square-foot cold storage facility on the border of Newark and Elizabeth, the project’s design team announced Tuesday.