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.

Finance & Capital Markets
C&W: Advance, Greek land $43 million loan for next phase of Logan industrial site

A development team has secured a nearly $43 million construction loan for the second phase of a 3.2 million-square-foot industrial park project in Logan Township.

Industrial
Maritime logistics firm takes 8,600 sq. ft. in Sayreville, BRC says

A logistics user has leased nearly 8,600 square feet of industrial space in Sayreville, in a newly announced transaction by Bussel Realty Corp.

Industrial
Essex County industrial parcel sold for $2 million, Lee & Associates New Jersey says

A trucking company has acquired a 1.25-acre industrial parcel in Irvington for just over $2 million, under a newly announced transaction by Lee & Associates New Jersey.

Industrial
Denholtz marks dual milestones in expansion of flex portfolio to Tinton Falls

Denholtz Properties is adding to its vast portfolio of flex industrial space, having completed its first building in Tinton Falls as it marks the start of another in the sought-after submarket.

Industrial
Investor buys historic 331,000 sq. ft. industrial complex in Paterson, C&W says

An investor has acquired a historic seven-building, 331,000-square-foot industrial complex in Paterson, in a newly announced transaction by Cushman & Wakefield.

Industrial
Kokes inks purchase of net-lease fitness center building in Monmouth

Kokes Properties has expanded its holdings with the acquisition of a roughly 16,000-square-foot fitness and training facility building in Wall Township.

Industrial
Yogurt bar maker expands to 33,000 sq. ft. at Piscataway industrial park, Zimmel says

A snack maker has expanded its presence at a Piscataway industrial park, leasing another 13,000 square feet beyond its original 20,000-square-foot commitment.

Finance & Capital Markets
C&W sources $115 million loan for LEG industrial development in Rutherford

A global investment manager is providing a $115 million construction loan for Lincoln Equities Group’s recently announced, 360,000-square-foot industrial project in Rutherford.

Industrial
BRC inks $5.7 million sale of Somerset industrial building

A maker of fashion accessories has sold a Somerset County industrial building for nearly $5.7 million, under a deal arranged by Bussel Realty Corp.

Industrial
JLL inks $14 million sale of Long Island light industrial asset

A nearly 100,000-square-foot light industrial property on Long Island has changed hands for $13.75 million, in a deal arranged by JLL’s Morristown-based capital markets team.