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.

Judd, former C&W New Jersey leader, joins JRT Realty Group

The former head of Cushman & Wakefield’s New Jersey region has landed a new job, joining a Manhattan-based commercial real estate services firm as its chief operating officer.

Family business expands, takes 16,000 sq. ft. in East Rutherford, NAI Hanson says

A provider of packaging, retail and janitorial supplies has leased more than 16,000 square feet of industrial space in East Rutherford, in a newly announced deal by NAI James E. Hanson.

CBRE inks sale of self-storage development site in Montclair

A new self-storage facility is coming to Montclair after a developer’s purchase of about three-quarters of an acre near the downtown, brokers with CBRE announced Thursday.

CBRE: Logistics firm takes 607,000 sq. ft. at new Bridge industrial park in Warren County

A logistics firm has committed to more than 600,000 square feet of industrial space in Phillipsburg, marking the latest tenant at a sprawling new campus along Interstate 78.

CRE sentiment rises, but weighed down by construction cost challenges

Improving economic conditions have led to an improvement in the NAIOP CRE Sentiment Index, indicating both overall optimism and several ongoing concerns. However, respondents are now more pessimistic about construction costs than in any prior survey, and most expect construction labor costs to increase.

Jumani named Tulfra CEO in expanded leadership role with development firm

Tulfra Real Estate President Sonny Jumani is assuming the title of CEO, expanding his leadership role with the Rochelle Park-based development firm.

Dermody acquires, eyes upgrades at 72,000 sq. ft. warehouse in Moonachie

Dermody Properties has expanded its northern New Jersey industrial holdings with the acquisition of a roughly 72,000-square-foot building in Moonachie.

NAI Hanson inks renewal, new lease at 71,000 sq. ft. warehouse in Parsippany

An industrial building in Parsippany is now fully leased after a pair of newly completed transactions by NAI James E. Hanson, the real estate services firm announced.

Diversified inks partnership with self-storage consultant, eyeing continued growth

Seeking to grow its development pipeline in the self-storage sector, Diversified Properties has formed a new partnership with a well-known consulting firm in the industry.

‘Meadowlands Cup’ golf event aims to highlight, build support for destination-based economy

Slated for Aug. 2, the first-ever Meadowlands Cup golf event will bring together business leaders and raise funds to support the Meadowlands 2040 Foundation— with a list of sponsors and participants that includes some of the state’s biggest names in the commercial real estate, construction and service industries.