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
Landlord taps Mertz as leasing agent for 246,000 sq. ft. industrial building in Salem

The owner of nearly 250,000 square feet of industrial space in northern Salem County has picked NAI Mertz as its leasing agent at the property.

Industrial
JLL: Buyer wanted for two-building, 81,000 sq. ft. industrial portfolio in Meadowlands

The owner of two Meadowlands industrial buildings has listed them for sale, in an offering that includes a vacant, newly renovated property and another that was recently leased.

Industrial
Kearny industrial building trades for $21 million, Marcus says

An investor has acquired a 135,000-square-foot industrial building in Kearny for more than $21 million, in a newly announced transaction by Marcus & Millichap.

Industrial
Two-building, 536,000 sq. ft. industrial portfolio sold for $107 million

A developer has reaped more than $107 million from its sale of two newly built industrial properties in southern New Jersey, in a deal arranged by brokers with JLL.

Industrial
Key Properties, flavor company ink 12,000 sq. ft. renewal at Meadowlands warehouse

Key Properties has completed a 12,000-square-foot lease renewal at a Carlstadt industrial building, the longtime home of a flavor compound company.

Industrial
South American firm buys 84,000 sq. ft. light manufacturing facility in Mahwah

A foreign investment firm has acquired a light manufacturing facility in Mahwah for $15.6 million, under a newly announced transaction by CBRE.

Professional Services
Colliers adds veteran brokers to New Jersey industrial team

Colliers International has bolstered its New Jersey industrial practice with the addition of two veteran brokers.

Industrial
NAI brokers in Teterboro, Houston tapped to market parcel at sprawling industrial park

Brokers in New Jersey and Texas have joined forces to market a 60-acre parcel at a massive industrial park in Houston.

Industrial
Private equity firm invests in ground-up light industrial portfolio in Monmouth, Mercer

A private equity firm is marking a new investment in a three-building light industrial portfolio that’s now under construction in central New Jersey.

Finance & Capital Markets
Stro, KRE refinance Clifton cold storage building for $42 million

The Stro Cos. and Kushner Real Estate Group have secured $42 million in financing for a fully leased, 220,000-square-foot cold storage facility in Clifton.