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.

G.S. Wilcox inks $30 million loan package for South Brunswick industrial owner

The owner of a two-building, 449,000-square-foot industrial portfolio in South Brunswick has secured nearly $30 million in financing, in a transaction arranged by G.S. Wilcox & Co.

Hunterdon industrial property trades for $1.2 million, Charity Realty says

An investor has acquired a nearly five-acre industrial property in Hunterdon County, under a newly announced transaction by Charity Realty International.

Team Resources inks 98,000 sq. ft. in Bergen County industrial deals

A furniture wholesaler has leased nearly 39,000 square feet of industrial space in Bergen County, in the largest of several newly announced deals by Team Resources Inc.

Sanzari, logistics user ink 41,000 sq. ft. lease in South Hackensack

A delivery and logistics company has found a new location in the Meadowlands, where it has leased more than 40,000 square feet of industrial space from Alfred Sanzari Enterprises.

C&W: Joint venture recapitalizes three-building, 807,000 sq. ft. Newark industrial complex

An investment firm has joined the ownership group of a sprawling industrial complex in Newark, under a recapitalization announced Tuesday by Cushman & Wakefield.

BRC inks 31,000 sq. ft. industrial lease in Kearny

An industrial user has signed a full-building, 31,000-square-foot lease in Hudson County, under a newly announced transaction by Bussel Realty Corp.

Jersey City Summit announces three-day virtual event with Murphy, Fulop among speakers

Gov. Phil Murphy and Jersey City Mayor Steven Fulop will once again headline The Jersey City Summit for Real Estate Investment, a popular conference that’s slated to take place this year in virtual form and spotlight the community’s still-surging development pipeline.

Geopolitics and demographics impact commercial real estate in our region

Our state is making headlines these days in a number of good ways. One contributing factor is certainly geopolitics, the study of how place matters. While this term is more often used to describe countries and explain the origin and source of their wealth, culture and military strategy, we can also see how this applies at the state level.

March Associates announces new hires in project management, estimating

March Associates Construction Inc. has announced four new additions to its project management and estimating teams.

Construction firm touts start of 508,000 sq. ft. industrial project in Florence

Construction is set to begin on more than 500,000 square feet of new industrial space in Burlington County, the latest piece of a developer’s fast-growing portfolio in the state.