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.

Featured
Perth Amboy warehouse, site of New Jersey’s first-ever community solar project, back in focus as Murphy, business leaders tout program’s role in reducing energy costs

As state officials look to tackle rising energy costs, a program that has brought rooftop solar panels to dozens of New Jersey warehouses has taken on added importance as a means of easing that burden without many of the risks and hurdles of major infrastructure projects.

Professional Services
Linfante joins Newmark Associates as vice president, continues role with Integra

Newmark Associates has bolstered its team with the addition of Arthur Linfante, a seasoned consultant with vast experience in commercial real estate valuation and advisory.

Finance & Capital Markets
JLL: Donato Group scores $23 million loan for 190,000 sq. ft. light industrial portfolio in Wall

The Donato Group has obtained nearly $23 million in financing for some 190,000 square feet of light industrial space in Wall Township, brokers with JLL announced Tuesday.

Industrial
BRC inks 12,000 sq. ft. industrial deal in Newark’s South Ironbound

An industrial user has leased 12,000 square feet across two spaces in Newark’s South Ironbound neighborhood, in a newly announced deal by Bussel Realty Corp.

Industrial
Newmark brokers tout 427,000 sq. ft. in northern, central New Jersey industrial deals

A series of logistics firms and other industrial users are expanding in New Jersey thanks to nearly 427,000 square feet in new leases arranged by brokers with Newmark.

Finance & Capital Markets
C&W: Advance, Greek land $300 million permanent loan for Linden Logistics Center phase two

Advance Realty Investors and Greek Real Estate Partners have closed on $300 million in permanent financing for nearly 1.6 million square feet of new industrial space in Linden.

Industrial
Exit 8 warehouse sells as part of multistate, 2.1 million sq. ft. portfolio sale, JLL says

An investment group has acquired 2.1 million square feet of industrial space in the Denver, Houston and northern New Jersey markets as part of a newly announced deal by JLL.

Industrial
Circulate NJ welcomes Supply Chain Federation as logistics coalition’s newest member

Support for the business coalition known as Circulate NJ continues to grow, prompting the addition of six new members in the last three months alone as it highlights the vast economic benefits of the state’s logistics sector.

Industrial
Industrial outdoor storage parcel with 5,000 sq. ft. shop facility trades in South Amboy

The site of a vacant mechanic’s shop and office facility in South Amboy has changed hands to a new user, in a deal arranged by Cushman & Wakefield.

Industrial
Maersk subsidiary takes 1.2 million sq. ft. at new LogiPropCo warehouse in Cinnaminson

A developer has landed a tenant for a new 1.2 million-square-foot warehouse in Burlington County, reportedly inking a full-building lease with a unit of shipping giant Maersk.