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.

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The best of The Briefing 2021

Dear readers, As we look ahead to 2022, we’re excited to look back at our top stories of 2021, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails below. Happy…

Industrial
CenterPoint adds to 8A holdings with 198,000 sq. ft. warehouse in Dayton

CenterPoint Properties has closed on a 198,000-square-foot industrial building in South Brunswick, its third acquisition in the Exit 8A submarket in six months.

Industrial
Faropoint buys 655,000 sq. ft. North Jersey industrial portfolio from Kushner for $133 million

A fast-growing investment firm has planted a flag in northern New Jersey, acquiring a 10-building industrial portfolio in Bergen and Morris counties for nearly $133 million.

Industrial
STRO announces new director of construction

The STRO Cos. has hired an industry veteran as its new director of construction.

Industrial
Redcom buys 36,000 sq. ft. industrial building in Westfield, BRC says

A locally based design, engineering and construction firm has purchased a 36,000-square-foot industrial building in Westfield, in a newly announced transaction by Bussel Realty Corp.

Industrial
Devli adds 80,000 sq. ft. with industrial deals in northern, central New Jersey

Devli Real Estate has expanded its New Jersey industrial portfolio by more than 80,000 square feet with a series of acquisitions in Bergen, Hudson and Monmouth counties.

Industrial
Seagis acquires 63,000 sq. ft. industrial building in South Hackensack

Seagis Property Group has acquired a 63,000-square-foot distribution facility at 41-51 James St. in South Hackensack.

Industrial
Investor buys 13,000 sq. ft. flex industrial building in Atlantic County, WCRE says

A buyer has expanded its portfolio with the addition of a 13,000-square-foot flex industrial building in Atlantic County, according to Wolf Commercial Real Estate.

Industrial
Dermody, snack maker ink 201,000 sq. ft. lease at new Gloucester logistics campus

Dermody Properties has secured its first tenant at a new logistics park in Gloucester County, leasing more than 200,000 square feet to a specialty snack company.

Industrial
Hanover warehouse, flex building trades for $3.4 million, Lee & Associates New Jersey says

Lee & Associates New Jersey has negotiated the sale of a 21,725-square-foot warehouse and flex building in Hanover for $3.425 million.