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.

People
Saxum adds director of capital markets among three newest hires

Saxum Real Estate made three additional hires as it continues to scale its business, having doubled the size of its team since the start of the pandemic.

Industrial
Industrial broker rejoins C&W as managing director

A veteran broker who specializes in multinational clients has rejoined Cushman & Wakefield’s New Jersey industrial team.

Finance & Capital Markets
Kennedy Funding inks $1.3 million bridge loan for Massachusetts industrial complex

Kennedy Funding, an Englewood Cliffs-based direct private lender, has closed a $1.3 million bridge loan to help facilitate the sale of an industrial property in New England.

Industrial
Profeta sells 300,000 sq. ft. Amazon warehouse site in Ohio after redevelopment

Montwards LLC has agreed to sell an industrial property in Columbus, Ohio, that is home to a newly built, 300,000-square-foot Amazon fulfillment center, following the firm’s redevelopment of a property that it first acquired nearly two decades ago.

Finance & Capital Markets
G.S. Wilcox inks $30 million loan package for South Brunswick industrial owner

The owner of a two-building, 449,000-square-foot industrial portfolio in South Brunswick has secured nearly $30 million in financing, in a transaction arranged by G.S. Wilcox & Co.

Industrial
Hunterdon industrial property trades for $1.2 million, Charity Realty says

An investor has acquired a nearly five-acre industrial property in Hunterdon County, under a newly announced transaction by Charity Realty International.

Industrial
Team Resources inks 98,000 sq. ft. in Bergen County industrial deals

A furniture wholesaler has leased nearly 39,000 square feet of industrial space in Bergen County, in the largest of several newly announced deals by Team Resources Inc.

Industrial
Sanzari, logistics user ink 41,000 sq. ft. lease in South Hackensack

A delivery and logistics company has found a new location in the Meadowlands, where it has leased more than 40,000 square feet of industrial space from Alfred Sanzari Enterprises.

Finance & Capital Markets
C&W: Joint venture recapitalizes three-building, 807,000 sq. ft. Newark industrial complex

An investment firm has joined the ownership group of a sprawling industrial complex in Newark, under a recapitalization announced Tuesday by Cushman & Wakefield.

Industrial
BRC inks 31,000 sq. ft. industrial lease in Kearny

An industrial user has signed a full-building, 31,000-square-foot lease in Hudson County, under a newly announced transaction by Bussel Realty Corp.