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
Habitat for Humanity affiliate takes 11,500 sq. ft. for South Jersey replenishment center

A regional Habitat for Humanity chapter has leased nearly 12,000 square feet of industrial space in Atlantic County, in a newly announced deal by Vantage Commercial.

Industrial
EverWest buys three-building, 190,000 sq. ft. Meadowlands portfolio for $66 million

An investment manager has acquired three Moonachie industrial buildings for nearly $66 million, adding more than 190,000 square feet to its fast-growing portfolio in New Jersey.

Industrial
Dermody Properties taps Borny as next east region partner

Dermody Properties has named a new east region partner to fill the role of a veteran industry executive who is retiring at year-end.

Industrial
Brooklyn business acquires 48,000 sq. ft. Ewing warehouse, NAI Fennelly says

A wholesaling business is expanding to Mercer County after acquiring a 48,000-square-foot industrial building outside Trenton, in a deal arranged by NAI Fennelly.

Industrial
Russo, Onyx plan 827,000 sq. ft. industrial campus at Novartis site in East Hanover

Russo Development and Onyx Equities have acquired 62 acres at the well-known Novartis campus in East Hanover, with plans to build more than 800,000 square feet of new industrial space in place of what’s now a cluster of vacant office buildings.

Industrial
Woodmont sells 92,000 sq. ft. industrial, flex portfolio for $22 million

Woodmont Properties has sold more than 90,000 square feet of industrial flex space along Route 46, fetching just over $22 million for the two-building portfolio.

Industrial
Logistics firm leases 33,000 sq. ft. in Edison, BRC says

A freight shipping and trucking company is taking nearly 33,000 square feet of industrial space in Edison, brokers with Bussel Realty Corp. announced Monday.

Industrial
NAI Hanson: Hackensack warehouse sold, becomes showroom for luxury cars

The operators of a showroom for luxury cars have purchased a 4,000-square-foot industrial building in Hackensack, in a newly announced deal by NAI James E. Hanson.

Finance & Capital Markets
C&W: Developers ink $235 million permanent loan for Linden logistics campus

Advance Realty Investors and Greek Development have secured $235 million in permanent financing for the first phase of a massive logistics campus under construction in Linden.

Industrial
NAI DiLeo-Bram: Plainfield industrial building sells for $2.35 million

An epoxy flooring company has acquired a nearly 14,000-square-foot industrial building in Plainfield, under a transaction arranged by NAI DiLeo-Bram & Co.