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
Omni Group inks lease for North Brunswick industrial outdoor storage site, BRC says

The owner of a nearly one-acre industrial outdoor storage property in North Brunswick has secured a tenant, in a newly announced deal by Bussel Realty Corp.

Industrial
STRO, KRE ink two leases to fill 137,000 sq. ft. spec warehouse in Florham Park, C&W says

The STRO Cos. and KRE Group have landed two tenants to prelease nearly 137,000 square feet of new industrial space in Florham Park, brokers with Cushman & Wakefield said Wednesday.

Industrial
Seagis buys 31,000 sq. ft. Carlstadt warehouse as its latest Meadowlands property

Seagis Property Group has closed on its latest property in Carlstadt, adding more than 31,000 square feet to its Meadowlands industrial portfolio.

Industrial
LEG unveils 495,000 sq. ft. logistics park at former office campus in Morris Plains

Lincoln Equities Group has taken the wraps off nearly 500,000 square feet of modern industrial space in Morris County as part of a new two-building project near Route 10.

Industrial
DH Property Holdings acquires 55,000 sq. ft. Swedesboro industrial building

DH Property Holdings LLC has added to its South Jersey portfolio with the acquisition of a 55,000-square-foot industrial building in Swedesboro.

Finance & Capital Markets
Turnbridge lands $80.3 million acquisition loan for Bayonne industrial property, JLL says

Turnbridge Equities has acquired some 613,000 square feet of industrial space on nearly 18 acres in Bayonne with the help of an $80.27 million loan arranged by JLL.

Industrial
Camber, Invesco pick NAI Hanson as leasing team for Rockland County industrial portfolio

Camber Real Estate Partners and Invesco have tapped NAI James E. Hanson as their leasing agent for nearly 262,000 square feet of industrial space just north of Bergen County.

Industrial
Rockefeller, MBK Real Estate to build 2 million sq. ft. logistics park in Central Pennsylvania

Rockefeller Group is expanding to Central Pennsylvania with more than 2 million square feet of new industrial space to be built by its regional development team based in Morristown.

Industrial
Woodmont, insurance firm recap and acquire 31 acres for Somerset warehouse project

Woodmont Industrial Partners has teamed with a major insurance company to recapitalize and acquire nearly 31 acres in Franklin Township, with plans to build more than 370,000 square feet of modern industrial space just off Interstate 287.

Industrial
SNS Real Estate buys 84,000 sq. ft. South Brunswick warehouse, Avison Young says

SNS Real Estate Investment Group has acquired a vacant 84,000-square-foot industrial building in South Brunswick, in a newly announced deal by Avison Young.