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.

Event rental company inks lease at newly sold Hillsborough industrial building, Deluccia says

An investor has purchased and quickly filled a 6,000-square-foot commercial building in Hillsborough, in a set of transactions managed by Deluccia Commercial Group.

Herbal therapeutics maker leases 3,000 sq. ft. at South Plainfield warehouse, BRC says

A company that develops plant-based ingredients and supplements has taken 3,000 square feet of industrial space in South Plainfield, brokers with Bussel Realty Corp. said Monday.

NAI Mertz closes sale of 106,000 sq. ft. Mount Laurel industrial building

A private business has purchased a 106,000-square-foot industrial property in Mount Laurel, paying an undisclosed price in a deal arranged by NAI Mertz.

Kennedy Funding closes $3 million loan to advance Washington State cold storage project

A cold storage project in Washington State is moving ahead with the help of a new $3 million loan from Kennedy Funding, the New Jersey-based direct private lender announced.

CBRE: Genesis buys South Brunswick industrial outdoor storage parcel for $5.7 million

Investment group Genesis has picked up another industrial outdoor storage property in New Jersey, buying a five-acre site in South Brunswick’s Dayton section for $5.7 million.

Larken inks expansion, new lease in latest deals at Hillsborough industrial park

A contractor has expanded at Larken Associates’ Hillsborough Business Center, where it now occupies more than 6,100 square feet to support its growing operations in the region.

RRNNJ inks two leases totaling 173,000 sq. ft. to bolster East Hanover industrial park

Saxum Real Estate has filled more than 173,000 square feet with two new leases at an East Hanover industrial park, brokers with Resource Realty of Northern New Jersey said Thursday.

Owners Council Q&A: Lance Bergstein

The market has really ebbed and flowed over the last 12 months. There were spurts of positive progress coupled with deterrents. I think this recent rate cut will help the macro environment but many of the fundamentals have remained the same. As a whole, the country is in an interesting political environment, which is perhaps more impactful to the economy than raw economic data.

Join us Dec. 9 for The State of Redevelopment: Multifamily and Mixed-Use

Hear the latest in development, tenant demand and other trends in warehouse and logistics space.

NAIDB named leasing agent for 17,000 sq. ft. Bridgewater warehouse space

The owner of a nearly 17,000-square-foot warehouse space in Bridgewater has tapped NAI DiLeo-Bram & Co. as the property’s exclusive leasing agent.