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
Investment group unveils 755-unit self-storage facility in Montville

A joint venture has taken the wraps off a 98,000-square-foot self-storage facility in Montville, marking the final piece of a five-acre development site in the township.

Professional Services
Avison Young names new vice president for industrial brokerage

Avison Young has bolstered its team of New Jersey industrial brokers with the addition of a new vice president.

Industrial
BRC inks $1.3 million sale of Roselle industrial building

A nearly 12,000-square-foot industrial building in Union County has changed hands, following a sale arranged by brokers with Bussel Realty Corp.

Industrial
Burlington County industrial building fetches $23 million, C&W says

The longtime owner of a Burlington County industrial building has sold the property for more than $23 million, under a newly announced transaction by Cushman & Wakefield.

Office
Warren flex building trades for $3.9 million, Lee & Associates New Jersey says

A nearly 40,000-square-foot flex commercial building in Warren has changed hands for $3.9 million, following a transaction arranged by Lee & Associates New Jersey.

Industrial
Meal kit delivery business takes 234,000 sq. ft. at Gloucester County industrial building

A meal kit delivery service has leased more than 230,000 square feet of new industrial space in Gloucester County, as it expands its footprint and looks to meet growing customer demand.

Industrial
Investment group closes sale of Meadowlands light industrial building, JLL says

An investment group has sold a 60,400-square-foot light industrial building in Carlstadt, under a newly announced transaction by JLL.

Industrial
C&W inks 340,000 sq. ft. lease in Hillsborough among latest industrial deals

A logistics user has leased nearly 340,000 square feet at a new industrial building in Somerset County, in one of several newly announced deals by Cushman & Wakefield.

Industrial
Sudler unveils first piece of South Carolina business park, using eco-friendly concrete tech

Sudler Cos. has delivered more than 200,000 square feet of new industrial space in upstate South Carolina as part of an ongoing expansion into the Southeast.

Industrial
JLL: Lincoln Equities, PCCP acquire Rockland County industrial portfolio for $54 million

An industrial portfolio some 10 miles north of Bergen County has sold for more than $50 million, in a deal arranged by JLL’s Morristown-based capital markets team.