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
Woodmont sells new 101,000 sq. ft. industrial building in Woodbridge

An affiliate of Woodmont Properties has sold a newly built, fully leased industrial property in Woodbridge to a buyer that has also become one of its newest joint venture partners.

Industrial
Tulfra secures 3,300 sq. ft. lease expansion at Whippany flex property

Tulfra Real Estate has completed a new lease expansion with a tenant at a 57,000-square-foot commercial property in Morris County, the firm announced Friday.

Industrial
JLL inks sale of potential industrial development site on Long Island

A developer has purchased a two-building, 10-acre property on Long Island, where plans allow for up to roughly 184,000 square feet of new industrial space near two major highways.

Industrial
Wharton Industrial adds to area portfolio with Pennsauken, Cherry Hill deals

A real estate investment firm has acquired six industrial properties in Camden County, marking the latest additions to its growing portfolio in southern New Jersey.

Finance & Capital Markets
JLL secures loan to refinance Denholtz industrial campus in Fairfield

Denholtz Properties has refinanced a two-building, 90,000-square-foot industrial portfolio in Fairfield, in a transaction arranged by brokers with JLL.

People
Sanzari taps longtime real estate finance executive as CFO

Alfred Sanzari Enterprises has hired a longtime industry executive as its new chief financial officer.

Industrial
CenterPoint adds 274,000 sq. ft. industrial building in South Brunswick

CenterPoint Properties has made another addition to its New Jersey portfolio with its purchase of a nearly 275,000-square-foot industrial building in South Brunswick.

Industrial
Marcus Partners acquires two-building, 194,000 sq. ft. industrial portfolio in Paterson

An investment firm has acquired a two-building, 194,000-square-foot industrial portfolio in Paterson, marking its first foray into the asset class in New Jersey.

Industrial
Crow Holdings, partners launch construction at 1.2 million sq. ft. logistics park at Exit 8

A development group has started construction at the site of a planned two-building, 1.22 million-square-foot industrial campus near Exit 8 of the New Jersey Turnpike.

People
Tulfra names new senior development, asset managers after recent promotions

Tulfra Real Estate has announced the promotion of two longtime employees.