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
Piscataway industrial park trades for $10.5 million, NAI DiLeo-Bram says

A trailer leasing company has acquired a Piscataway industrial park for $10.5 million, in a newly completed transaction by NAI DiLeo-Bram & Co.

Industrial
Terreno adds Kearny industrial parcel for $26.3 million, NAI Hanson says

Terreno Realty Corp. has acquired a 5.4-acre industrial property in Kearny for more than $26 million, in a transaction arranged by NAI James E. Hanson.

Industrial
Rockaway commercial building trades for $3.9 million, Charity Realty says

A commercial building in Morris County has changed hands for the first time in 30 years, according to a brokerage team with Charity Realty International.

Industrial
Boniakowski completes sale, lease-up of 28,000 sq. ft. Piscataway building

A nearly 30,000-square-foot industrial building in Piscataway has a new owner and a new tenant, following a set of transactions by The Boniakowski Commercial Real Estate Group.

Industrial
Advance, Greek sell 1.1 million sq. ft. Target facility in Logan, in $265 million deal

A joint venture has sold a newly built, 1.1 million-square-foot Target facility and a nearby parcel in Logan Township for $265 million, in a transaction arranged by CBRE.

Top News
CBRE: Pipeline for office conversions on the rise in New Jersey, exceeding 8.6 million sq. ft.

Developers are on track to remove nearly 9 million square feet of obsolete office space in New Jersey, as they repurpose the sites with in-demand uses such as industrial and apartments.

People
Stro names new chief operating officer

The Stro Cos. has tapped a veteran commercial real estate executive as its new chief operating officer.

Sponsored Content
Designing carbon neutral warehouses and last mile facilities

The phrase ‘Carbon Neutral’ is the latest climate-based trend we are seeing amongst some of the world’s largest companies, including Amazon, FedEx, Ford and many others. Becoming carbon neutral is the process of a building, or company, achieving net-zero carbon dioxide emissions. Carbon neutrality is achieved by reducing carbon emissions or a combination of offsetting emissions where they would be generated elsewhere.

Industrial
GM Realty brokers sale of 60,000 sq. ft. warehouse in Somerset

A home fashions distributor has acquired a 60,000-square-foot industrial building in the Somerset section of Franklin, in a newly completed transaction by GM Realty Advisors Inc.

Industrial
Hartz, grocery distributor ink 16,000 sq. ft. lease in North Bergen, KenKap says

A grocery distributor has taken more than 16,000 square feet of industrial space in North Bergen, under a deal arranged by KenKap Realty Corp.