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
Brookfield taps RRNNJ to lease spec 422,000 sq. ft. warehouse in Orange County

Brookfield Properties has named Resource Realty of Northern New Jersey as its leasing team for a new 422,000-square-foot speculative distribution center in New York’s Orange County.

Roundtable
Tell us about a new design or construction trend that you’re seeing in the industrial sector.

Tell us about a new design or construction trend that you’re seeing in the industrial sector. We assembled a panel of industry experts to tackle this month’s question.

Industrial
NAIDB named leasing agent for 70,000 sq. ft. across three Central Jersey industrial buildings

The owners of three industrial buildings in Middlesex and Somerset counties have tapped NAI DiLeo-Bram & Co. to market the properties for lease.

Industrial
Prologis plans three-building, 826,000 sq. ft. industrial park for latest East Greenwich project

Prologis Inc. has closed on nearly 200 acres in Gloucester County, where it plans to build more than 826,000 square feet of new industrial space as part of its growing footprint in the area.

Industrial
New 1,200-unit self-storage facility by CrownPoint, Lamar opens in Newark’s Ironbound

CrownPoint Group and the Lamar Cos. have completed a new self-storage facility in Newark, delivering more than 1,200 units to the city’s bustling Ironbound section.

Finance & Capital Markets
Bollerman inks refi for five-building, 115,000 sq. ft. Eatontown portfolio, JLL says

Bollerman Cos. has refinanced a nearly 115,000-square-foot office and industrial flex portfolio in Eatontown for an undisclosed amount, brokers with JLL announced Wednesday.

Industrial
CBRE Investment Management buys 199,000 sq. ft. warehouse, adding to Somerset portfolio

CBRE Investment Management has expanded its holdings along Interstate 287, acquiring a nearly 200,000-square-foot warehouse in the Somerset section of Franklin on a client’s behalf.

Industrial
BRC adds Abraham, Williams as sales associates with Jaynes-led brokerage team

Bussel Realty Corp. has deepened its bench with the addition of Rebecca Abraham and Janna Williams as sales associates with one of its main industrial teams.

Industrial
RRNNJ: Tenant demand fueling rebound in North Jersey, southern New York industrial market

The industrial market in and around Morris County is bouncing back after a challenging stretch, thanks to new tenant demand and the continued appeal of its highway network and labor force.

Industrial
MORVAY buys fully approved sites for new flex industrial projects in Mercer, Zimmel says

A developer is planning more than 100,000 square feet of new flex industrial space in Mercer County after acquiring two fully approved tracts in Hamilton and Robbinsville.