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
Bayonne: LEG eyes start of 886,000 sq. ft. UPS facility after imploding historic buildings

Lincoln Equities Group has completed its demolition of two historic, bomb-proof buildings in Bayonne, paving the way for the construction of a massive new distribution center for UPS.

Industrial
Tenant leases 22,000 sq. ft. for warehouse, headquarters space in Linden, BRC says

An industrial user has taken more than 22,000 square feet in Linden, under a newly announced deal by Bussel Realty Corp.

Industrial
IDI names new Northeast market officer

IDI Logistics has named a new market officer for its Northeast portfolio.

Industrial
Apparel company takes 37,000 sq. ft. at Raritan Center industrial building, Zimmel says

An apparel company has leased nearly 37,000 square feet of warehouse space in Edison, under a newly announced transaction by Zimmel Associates.

Industrial
BRC adds sales associate to Edison-based team

Bussel Realty Corp. has expanded its brokerage team with the hiring of a new sales associate.

Industrial
Larken inks two new leases at sprawling Hillsborough business park

Two new tenants have combined to lease more than 2,600 square feet at a sprawling business park in Hillsborough, in a set of transactions announced by Larken Associates.

Industrial
Chicago-based developer acquires Burlington site, plans 1.5 million sq. ft. logistics park

A developer has closed on more than 70 acres in Burlington County, paving the way for as much as 1.5 million square feet of new industrial space along Route 130.

Finance & Capital Markets
NAI DiLeo-Bram: Northern, central New Jersey investment sales bounce back in first half

Investment sales in a five-county swath of New Jersey rebounded in the first half of 2021, thanks to major deals in the industrial and office sectors and incremental growth in retail transactions.

Industrial
Three-building, 193,000 sq. ft. industrial complex in Bergen County sells for $27 million

A fully leased, three-building industrial complex in Bergen County has traded for $27 million, under a newly completed transaction by Cushman & Wakefield.

Industrial
Packaging, logistics firm takes 118,000 sq. ft. at Piscataway industrial park

A packaging and logistics company has leased nearly 120,000 square feet of industrial space in Piscataway, under a newly announced transaction by JLL.