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
Robbinsville warehouse trades for $13.5 million, JLL says

A national investment firm has made another addition to its New Jersey portfolio, acquiring a nearly 88,000-square-foot warehouse and manufacturing facility in Robbinsville.

Industrial
BRC touts lease-up of new flex, incubator park in South Plainfield

A newly built, 54,000-square-foot flex industrial park in South Plainfield is now fully leased after a year-long effort by Bussel Realty Corp.

Industrial
Trucking company expands, takes 15,600 sq. ft. in Hackensack

A trucking company has expanded into a second industrial building in Bergen County, following a 15,600-square-foot lease arranged by Team Resources Inc.

Industrial
Mack-Cali sells Westchester industrial park for $70 million

Mack-Cali Realty Corp. has reaped more than $70 million from the sale of a six-building industrial park in Westchester County, New York, its latest move to exit the flex warehouse business as it focuses on the Hudson waterfront in New Jersey.

Residential & Mixed Use
Langan combining in-place remediation, engineering services to aid redevelopment

Amid the growth of more cost-effective, less disruptive forms of environmental cleanup, Langan Engineering and Environmental Services has packaged those technologies with its vast geotechnical and civil engineering platform, providing a creative, full-service option for clients seeking to redevelop contaminated sites.

Industrial
Avison Young: Security firm sells HQ, relocates along Route 46

A security inspection systems firm has sold its headquarters in Fairfield and relocated to nearly 22,000 square feet in nearby Pine Brook, brokers with Avison Young announced recently.

Industrial
Refrigeration business expands, acquires Warren County industrial building

A refrigeration assembly and distribution business has acquired a 15,070-square-foot flex industrial building in Blairstown, in a sale arranged by NAI James E. Hanson.

Industrial
Seagis acquires 93,000 sq. ft. warehouse in Carteret

Seagis Property Group has added to its New Jersey portfolio with the acquisition of a 93,000-square-foot warehouse in Carteret.

Industrial
CBRE: Online returns, ‘reverse logistics’ fuel added demand for industrial space and 3PLs

The e-commerce explosion has fueled a surge in online returns — especially during the holiday season — driving additional demand for industrial space in New Jersey and nationally.

Industrial
Investment firm buys 46,000 sq. ft. Burlington warehouse, Mertz says

An industrial owner has expanded its holdings in southern New Jersey, acquiring a 46,000-square-foot warehouse in Burlington Township.