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
Box maker inks 32,000 sq. ft. sublease in Saddle Brook, Team Resources says

A manufacturer based in Bergen County has subleased 32,000 square feet at a nearby warehouse, brokers with Team Resources Inc. announced last week.

Industrial
Local officials, Arizona executives open 621,000 sq. ft. bottling plant in Woodbridge

Arizona Beverage Co. has opened the doors to a new 621,000-square-foot production, manufacturing and bottling facility in Woodbridge.

Industrial
Cold storage user inks 30,000 sq. ft. renewal in Elizabeth, Avison Young says

A refrigerated warehouse provider has renewed its 30,000-square-foot lease at an Elizabeth industrial building, in a newly announced transaction by Avison Young.

Industrial
Bridge, Uniqlo ink major lease at 3.85 million sq. ft. industrial project in Warren County

Bridge Development Partners has landed a major tenant at a six-building, 3.85 million-square-foot industrial park now under construction in Warren County, inking its largest lease to date with the Japanese clothing maker Uniqlo.

Industrial
CBRE: Developer unveils 100,000 sq. ft. warehouse in Jersey City, its first New Jersey project

A developer has completed its first New Jersey industrial project, offering nearly 100,000 square feet of new warehouse space in Jersey City just minutes outside New York City.

Top News
Prologis to acquire Liberty Property Trust, including New Jersey assets, for $12.6 billion

Prologis Inc. has agreed to acquire Liberty Property Trust for $12.6 billion, in a move that deepens the industrial giant’s presence in several key markets including New Jersey.

Events
Hundreds gather for annual ‘Octulfrafest’ celebration

A crowd of revelers descended on Tulfra Real Estate’s headquarters earlier this month for the firm’s annual Oktoberfest-themed party and industry appreciation event.

Industrial
Rockefeller marks opening of five-building, 2.1 million sq. ft. logistics park in Piscataway

Rockefeller Group is hailing the lease-up and completion of a 2.1 million-square-foot industrial park in Piscataway, marking the successful redevelopment of a former manufacturing site.

Industrial
Russo, Forsgate break ground on massive Meadowlands logistics park

Two of New Jersey’s best-known multigenerational development firms have broken ground on a long-awaited project in the heart of the Meadowlands, one that will bring more than 3 million square feet of high-end industrial space to a site that is five miles from the Lincoln Tunnel.

Industrial
NAI Hanson closes sale of Bergen County industrial lot

A business has acquired a nearly half-acre industrial lot in Bergenfield as part of an expansion from nearby Rockland County, New York, brokers with NAI James E. Hanson said.