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.

Events
NAIOP New Jersey unveils deal of the year finalists for industrial, office projects

NAIOP New Jersey has announced seven finalists for its coveted Deal of the Year honors, with plans to unveil the winners at its annual awards gala slated for early October.

Industrial
North Jersey leading nation in rent growth for industrial space, CBRE finds

Northern New Jersey is leading the nation in rent growth for industrial and logistics properties, according to CBRE, as the market remains undersupplied with tenant demand still soaring.

Industrial
Fiber glass pool maker acquires 70,000 sq. ft. industrial building in Millville

A pool manufacturer has acquired the site of a 70,000-square-foot industrial building in Millville, under a newly announced transaction by Vantage Commercial.

Professional Services
C&W taps Bronsnick as managing principal, market leader in New Jersey

Cushman & Wakefield has hired veteran commercial real estate executive Peter Bronsnick as its market leader in the Garden State.

People
Hampshire deepens leadership team with new promotions

The Hampshire Cos. has promoted a dozen employees, continuing its efforts to foster professional development from within the organization.

Finance & Capital Markets
JLL arranges recapitalization for two-state, Denholtz-owned industrial portfolio

Denholtz Properties has recapitalized a 16-building industrial portfolio spanning both central New Jersey and Orlando, Florida, under a newly announced transaction by JLL.

Finance & Capital Markets
G.S. Wilcox inks $30 million in loan activity for correspondent lender

G.S. Wilcox & Co. has closed nearly $30 million in financing in recent weeks, arranging loans for a trio of warehouses in Pennsylvania’s Lehigh Valley.

Industrial
CenterPoint adds latest New Jersey property, acquiring South Brunswick warehouse complex

CenterPoint Properties has closed on the site of a 295,000-square-foot warehouse complex in South Brunswick, marking its latest acquisition in New Jersey over the past year.

Industrial
West New York industrial building trades for $1.6 million, Deugen says

An investor has acquired a 24,000-square-foot industrial building in Hudson County for more than $1.6 million, in a newly announced deal by Deugen Realty Group.

Professional Services
Newmark Associates touts four recent additions to sales team

Newmark Associates has bolstered its team with the recent addition of four sales agents.