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.

Finance & Capital Markets
Investor lands $49 million loan for North Jersey warehouse portfolio deal

The buyer of an 18-building, 724,000-square-foot industrial portfolio in northern New Jersey has secured nearly $49 million in acquisition financing, in a transaction arranged by JLL.

Industrial
Camber adds 1.24 million sq. ft. industrial portfolio in South Jersey, Pennsylvania

Investment firm Camber Real Estate Partners is expanding its footprint to South Jersey and Pennsylvania, having acquired a 1.24 million-square-foot industrial portfolio in the region.

Industrial
Highway safety company sells 32,000 sq. ft. Vineland facility, WCRE says

A business that provides highway signage and safety equipment has sold a 32,000-square-foot industrial building in Vineland, according to Wolf Commercial Real Estate.

Industrial
CBRE: Available warehouse, logistics space in New Jersey hits record low as calendar turns

In a year that only reaffirmed the strength of New Jersey’s industrial sector, availabilities in the market reached an all-time low as demand surged further through the end of 2020.

Industrial
Investment firm acquires 23,000 sq. ft. Moorestown industrial asset, Colliers says

A buyer has made its entrance to the South Jersey industrial market with its acquisition of a 22,500-square-foot property in Burlington County.

Industrial
JLL inks sale of 12,200 sq. ft. kitchen, distribution facility in Meadowlands

A local operator has sold a commercial kitchen and distribution facility in the Meadowlands, in a newly completed transaction by JLL’s Northeast industrial team.

Industrial
JLL adds former Bed Bath real estate executive to Northeast industrial team

A former top real estate executive for Bed Bath & Beyond has joined JLL’s industrial team in the region, bringing decades of experience and expertise in logistics and supply chains.

Professional Spotlight
MSW names new counsel in commercial real estate, finance groups

Murphy Schiller & Wilkes LLP has added a veteran attorney to its growing commercial real estate and finance practice groups, the Newark-based firm announced.

Industrial
CBRE: Vineland industrial building sold to private equity firm, fetching $22 million

A private equity firm has expanded its industrial portfolio in the state with the purchase of a fully leased, 269,500-square-foot property in Vineland, according to brokers with CBRE.

Industrial
W.P. Properties, e-commerce firm ink 40,000 sq. ft. lease in Dover

W.P. Properties has leased 40,000 square feet in Morris County to a local e-commerce distributor, in the largest of several transactions at an industrial complex near Route 46.