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
Manufacturer takes 7,500 sq. ft. at Cherry Hill light industrial building, WCRE says

A growing manufacturer has leased nearly 7,500 square feet of light industrial space in Cherry Hill, in one of two recent deals by Wolf Commercial Real Estate.

Industrial
Daunno Realty inks sale of 170,000 sq. ft. Cranford industrial building among latest deals

A private investor has acquired a nearly 170,000-square-foot industrial building in Cranford, in one of three recent transactions by Daunno Realty Services LLC.

Industrial
NAI Hanson: Hillside industrial building sold, set to become parking lot for nearby user

A business in Hillside has purchased an adjacent industrial building that it now plans to knock down in order to create a parking lot, in a deal arranged by NAI James E. Hanson.

Photos
Saddleback gifts $10,000 to Spring Lake Toys Foundation to help children with rare illnesses

Saddleback Real Estate Developers has continued its support for a charity that helps families of children with rare illnesses receive essential medical services, announcing a recent $10,000 donation for what’s known as the Spring Lake Toys Foundation.

Industrial
Woodmont adds industrial associate amid continued development, investment plans

Woodmont Industrial Partners has made an addition to its Fairfield-based team, as it eyes continued expansion in both the Northeast and other top logistics markets.

Industrial
Russo, Onyx see new frontier with rare large-scale industrial project in Morris County

Russo Development and Onyx Equities are banking on the need for local distribution space — and the rise of secondary industrial markets in New Jersey — after recently acquiring a coveted development site in East Hanover.

Industrial
Larken starts construction at 150,000 sq. ft. flex industrial park in Flemington

Larken Associates has broken ground on a four-building, 150,000-square-foot flex industrial park in Flemington.

Industrial
Tulfra sells 37,000 sq. ft. Whippany light industrial building for $7.3 million

Tulfra Real Estate has sold a 37,000-square-foot commercial building in Hanover for more than $7 million, completing a value-add plan for a property that it purchased in 2014.

Industrial
Co-warehousing firm takes 165,000 sq. ft. in Saddle Brook, its largest location to date

A provider of shared warehouse and office space has taken nearly 165,000 square feet in Saddle Brook, marking its largest location to date in a portfolio of more than two dozen sites.

Finance & Capital Markets
Newmark: Owner of net-leased portfolio, including N.J. warehouse, refis for $525 million

The owner of a multistate, 6.8 million-square-foot industrial portfolio that includes a nearly 143,000-square-foot warehouse in Morris County has refinanced for $525 million.