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
Stro inks three new leases for 46,000 sq. ft. in Wyckoff, Hackensack

The Stro Cos. has added three new tenants to its Bergen County portfolio, including one that is expanding in the region and two that are relocating from New York City.

Industrial
Larken signs two new leases at industrial, flex campus in Hillsborough

Larken Associates has inked two new leases for a combined 3,000 square feet at a sprawling industrial and flex campus along Route 206 in Hillsborough.

Professional Spotlight
Langan announces six promotions in New Jersey offices

Langan has elevated six members of its leadership team in New Jersey as part of a recent slew of promotions across the engineering and environmental services firm.

Industrial
Investment firm buys 50-acre plot at Howell-Freehold border, Sheldon Gross says

A private equity firm has acquired more than 50 acres in Monmouth County, under a newly announced transaction by Sheldon Gross Realty.

Industrial
Edison logistics center sold for $247 million, CBRE says, touting 2020 industrial deals

Rockefeller Group has sold a newly built, 900,022-square-foot industrial building in Edison for $247 million, in one of several newly announced deals by CBRE.

Industrial
Secaucus industrial building changes hands, Connors says

The William F. Connors Agency has completed the sale of a 60,000-square-foot industrial building in Secaucus, the Bayonne-based brokerage firm announced this week.

Events
NAIOP New Jersey installs new board, details legislative priorities

NAIOP New Jersey installed its new slate of board officers on Monday, as the association offered a glimpse at its legislative agenda in a pivotal election year for the state.

Finance & Capital Markets
G.S. Wilcox inks $267 million in loans in North Jersey, Long Island for life insurance lender

G.S. Wilcox & Co. has announced $267 million in new loan activity in New Jersey and New York on behalf of a longtime life insurance company client.

Industrial
Sudler touts record leasing activity in 2020, fueling 98 percent occupancy portfolio-wide

Sudler Cos. has started 2021 at nearly full occupancy across its portfolio after a year in which it saw 1.2 million square feet of leasing velocity.

Industrial
Spice company renews lease at 54,000 sq. ft. industrial building in Millburn, BRC says

An herb and spice company has renewed its full-building, 53,500-square-foot lease at a Millburn industrial building, brokers with Bussel Realty Corp. announced Monday.