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.

LEG: Vertical construction for major Bayonne logistics park to start in 2020

Lincoln Equities Group is on track to begin vertical construction next year for more than 1 million square feet of new industrial space along the Bayonne waterfront.

BRC: Contractor closes on 4,500 sq. ft. industrial building in Englishtown

A construction firm has acquired a nearly 4,500-square-foot industrial building in Englishtown, under a newly announced transaction by Bussel Realty Corp.

NAI Hanson named leasing agent at new-look, 807,000 sq. ft. industrial complex in Newark

An investment group has hired NAI James E. Hanson as its leasing agent for more than 800,000 square feet of Newark industrial space, following the launch of a multimillion-dollar improvement project aimed at modernizing the well-known complex.

Stro acquires 35,000 sq. ft. FedEx building in Roselle

The Stro Cos. has added to its string of recent industrial deals, acquiring a 35,000-square-foot FedEx facility in Union County.

Sanzari adds industry veteran as director of property management

Alfred Sanzari Enterprises has added to its senior executive team with a new director of property management.

WCRE inks sale of 17,600 sq. ft. flex building in Gloucester

An investment group has acquired a nearly 18,000-square-foot flex industrial building in Gloucester County, brokers with Wolf Commercial Real Estate announced Friday.

Team Resources inks $1.6 million industrial sale in Warren County

An online furniture import business has paid $1.6 million to acquire a 160,000-square-foot warehouse in Warren County, according to brokers with Team Resources Inc.

CenterPoint, snack maker ink 73,000 sq. ft. expansion in Somerset

A snack maker has signed a 15-year lease extension at its facility in Somerset County, paving the way for a nearly 73,000-square-foot expansion by landlord CenterPoint Properties.

Bridge unveils plan for new 125,000 sq. ft. industrial project in Edison

Bridge Development Partners has completed its acquisition of a nearly 7.5-acre parcel in Edison, where it plans to build a new 124,560-square foot industrial facility.

Past meets present at NAI Hanson’s long-awaited new headquarters in Teterboro (SLIDESHOW)

NAI James E. Hanson opened its new 17,000-square-foot headquarters in Teterboro last fall, honoring its past while creating a modern workplace for its brokers, property managers and other employees.