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
Saxum, Penwood eye new warehouse project in Parsippany after buying vacant office building

Another vacant office building in Parsippany is set to come down as part of a joint venture’s plan to construct a new 128,000-square-foot speculative warehouse just north of Route 10.

People
Larken Associates promotes Kerr to director of commercial asset management

Larken Associates has elevated Jamie Kerr to director of commercial asset management, marking her latest promotion since joining the Branchburg-based team in 2020.

Industrial
Turnbridge taps NAI Hanson to lease 613,000 sq. ft. Bayonne industrial complex

Turnbridge Equities has picked NAI James E. Hanson as its leasing team for more than 613,000 square feet of recently acquired industrial space in Bayonne.

Professional Services
Lambiase installed as IOREBA president alongside other 2025-26 board officers

The Industrial and Office Real Estate Brokers Association has welcomed its new slate of board officers for the next 12 months.

Industrial
Profeta breaks ground on 300,000 sq. ft. expansion of existing 400,000 sq. ft. warehouse for consumer goods giant

An affiliate of Paul V. Profeta & Associates Inc. has broken ground on a project that will add nearly 300,000 square feet to a major industrial facility it already owns in the Southeast.

Industrial
DH Property Holdings, DRA buy 273,000 sq. ft. Delanco warehouse for $31 million

DH Property Holdings LLC and DRA Advisors LLC have acquired a 273,000-square-foot industrial building in Burlington County for $30.5 million.

Finance & Capital Markets
JLL: Frassetto refis two-building, 143,000 sq. ft. industrial portfolio in Lincoln Park

The Frassetto Cos. has refinanced more than 143,000 square feet of industrial space in Lincoln Park, in a newly announced transaction by JLL.

Industrial
Larken delivers fully leased, 50,000 sq. ft. industrial project in Flemington

Larken Associates has completed and leased up a new 50,000-square-foot, multitenant warehouse in Flemington, the developer announced Tuesday.

Industrial
Bridge unveils 1.2 million sq. ft. logistics park in Perth Amboy, eyes next project after acquiring highly touted ‘Gateway’ site

Bridge Industrial has taken the reins of a high-profile, long-awaited redevelopment project in Perth Amboy, extending the firm’s more-than-decade-long partnership with the municipality.

Industrial
Sports facility, interior design firm take space in Fairview industrial deals, NAI Hanson says

The owner of a Bergen County industrial building has filled more than 12,000 square feet with a pair of newly completed leases arranged by NAI James E. Hanson.