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
BRC inks 5,000 sq. ft. industrial lease in Somerset

An industrial user has leased 5,000 square feet in the Somerset section of Franklin, brokers with Bussel Realty Corp. announced Monday.

Industrial
Greek eyes new industrial space at iconic Nabisco plant in Fair Lawn

Greek Development plans to build new industrial space at the site of the landmark Nabisco plant in Fair Lawn, following its recent purchase of the property for nearly $147 million.

Professional Services
Lee & Associates New Jersey names youngest-ever partner

A broker with Lee & Associates New Jersey is now a partner, making him the youngest agent to ascend to the position with the firm.

People
Woodmont adds four team members amid growing development, investment platform

Woodmont Properties has announced four new hires to support its ongoing growth and expansion across multiple asset classes throughout the region.

Industrial
Rockefeller breaks ground on 346,000 sq. ft. logistics center in Burlington County

Rockefeller Group has made another addition to its fast-moving construction pipeline, touting the start of a nearly 350,000-square-foot distribution center project in Burlington County.

Industrial
Duke acquires 53-acre storage lot in Newark, eyeing potential redevelopment near port

Duke Realty has announced its purchase of a 53-acre site in Newark, providing it with a coveted outdoor storage lot and a future redevelopment opportunity.

Industrial
Larken eyes start of construction at 150,000 sq. ft. flex campus in Flemington

Larken Associates is set to begin construction on a four-building, 150,000-square-foot flex industrial park in Flemington, where leasing is already underway.

Professional Spotlight
RC Andersen to join STO Building Group, as firms eye growth in industrial sector

RC Andersen Construction, a Fairfield-based contractor, is joining the STO Building Group in a merger aimed at helping both firms expand their foothold in the industrial market.

Industrial
BRC: Linden industrial building trades for $1.6 million

Bussel Realty Corp. has brokered the sale of a 13,000-square-foot industrial property in Linden.

Finance & Capital Markets
C&W: Developers ink $107 million loan for new 333,000 sq. ft. logistics center in Bayonne

A joint venture has secured more than $107 million in financing for the next piece of a new 153-acre industrial campus in Bayonne, in a deal arranged by Cushman & Wakefield.