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
Black Creek, distributor ink 100,000 sq. ft. lease in Burlington, NAI Mertz says

A wholesale distributor is taking more than 100,000 square feet at a soon-to-be-completed industrial building in Burlington, according to a leasing team with NAI Mertz.

Industrial
IT products, services company takes 107,000 sq. ft. in Fairfield, CBRE says

A global IT products and services company has leased more than 100,000 square feet of industrial space in Fairfield, according to a brokerage team with CBRE.

Industrial
Diversified, Hampshire acquire Bergenfield industrial building and apartments

An investment team has acquired a 40,000-square-foot industrial building in Bergenfield, along with an adjacent apartment building that provides a potential redevelopment opportunity.

Professional Services
Kwartler named principal at Avison Young

Avison Young has named a new principal in New Jersey, recognizing one of its day-to-day leaders who has also played a key role in the company’s growth in the state.

Industrial
BRC inks 49,000 sq. ft. sublease in Piscataway

A food company has found a subtenant for nearly 50,000 square feet of industrial space in Piscataway, under a newly announced transaction by Bussel Realty Corp.

Industrial
Sponge maker moving from Pennsylvania, acquires 116,000 sq. ft. building in Pennsauken

A sponge maker of ‘Shark Tank’ fame is moving its business from Pennsylvania after buying a newly upgraded industrial building in South Jersey, in a deal arranged by NAI Mertz.

People
Denholtz adds paralegal amid ongoing plan to streamline leasing team

Denholtz Properties has added a paralegal to its team in an effort to further enhance and streamline its in-house leasing operations, the Red Bank-based firm announced Tuesday.

Industrial
Kokes plans 45,000 sq. ft. self-storage project in Ocean County

Kokes Properties is eyeing the start of a new self-storage project in Ocean County after recently securing approvals for the 45,000-square-foot facility.

Industrial
Kislak inks sale of 44,000 sq. ft. industrial building in Hunterdon

A warehouse and manufacturing building in Hunterdon County has changed hands for nearly $4 million, in a transaction arranged by The Kislak Co. Inc.

Professional Services
Transwestern to close New Jersey office in early April, company says

Transwestern is closing its New Jersey office next month, a company representative said, in a move that comes a decade after the commercial real estate services firm entered the market.