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.

Top News
Kushner Cos. taps familiar faces as newest CEO, president

Kushner Cos. has a new CEO and president after elevating two of its top executives to the roles.

Industrial
NAI Mertz: Investor expands portfolio, adding 160,000 sq. ft. industrial park in Marlton

An investment firm has purchased a five-building, 160,000-square-foot industrial portfolio in Burlington County, under a deal arranged by NAI Mertz.

Industrial
Urban Edge acquires 187,000 sq. ft. warehouse, distribution center in Morris County, AY says

Urban Edge Properties has acquired a nearly 190,000-square-foot industrial building in East Hanover, citing its strategy of adding sites with expansion and redevelopment potential.

Top News
Dermody executive, former NAIOP chapter president Preston to retire at year-end

A rendering of 395 Pedricktown Road, a nearly 482,000-square-foot industrial building that is among the final pieces of Dermody Properties’ LogistiCenter Logan in Logan Township. — Courtesy: Dermody/Ware Malcomb By Joshua Burd Veteran development executive Gene Preston is set to…

Industrial
HVAC supplier inks 50,000 sq. ft. Meadowlands industrial lease

A family-owned HVAC supply company has taken more than 50,000 square feet of industrial space in East Rutherford, according to a brokerage team with CBRE.

Professional Services
NAI Hanson adds to research, brokerage teams with newest hires

NAI James E. Hanson has announced three new hires aimed at bolstering its research and brokerage teams.

Industrial
Childcare center takes 6,300 sq. ft. at Larken business park in Hillsborough

Larken Associates has lured another tenant to its sprawling business park in Hillsborough, signing a nearly 6,300-square-foot lease with a childcare center.

Industrial
Peloton leads Q3 industrial deals with 840,000 sq. ft. lease in Linden, CBRE says

Peloton Interactive has leased 840,000 square feet at a new logistics park in Linden, leading the way among tenants as the state’s industrial market continued to thrive in the third quarter.

Industrial
Two-building warehouse complex in Manalapan trades for $5 million

An investor has acquired a two-building industrial complex in Monmouth County for nearly $5 million, according to a brokerage team with Sheldon Gross Realty.

Industrial
NAI Fennelly inks sale of 23,000 sq. ft. Trenton industrial building

A private buyer has purchased a nearly 23,000-square-foot industrial building in Trenton, under a newly announced transaction by NAI Fennelly.