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.

NAI Hanson treasurer marks 50 years with real estate services firm

The longtime treasurer at NAI James E. Hanson is marking her golden anniversary at the company, where she has served under three generations of family ownership.

Gas supply distributor renews for 5,200 sq. ft. in Bergen County, NIA says

A specialty gas equipment and supply distributor has renewed its nearly 5,200-square-foot lease in Emerson, under a newly announced transaction by NIA National Realty.

Hudson County industrial building fetches $2.35 million

An industrial building in North Bergen has changed hands for more than $2 million, brokerage firm William F. Connors Agency announced Monday.

Sea salt products business takes 11,000 sq. ft. in Hackettstown

A sea salt products company has leased more than 11,000 square feet of industrial space in Hackettstown, brokers with Team Resources Inc. announced recently.

Zimmel: Investors pay $10.5 million for Jersey City industrial building

An investment group has acquired a 105,000-square-foot industrial building off Interstate 78 in Jersey City, under a $10.5 million deal announced this week by Zimmel Associates.

Investors acquire 570,000 sq. ft. Edison warehouse

A joint venture has acquired a fully leased, 570,000-square-foot industrial building in Edison for what was reported to be more than $80 million.

Logistics users scramble for quality space

A drought in modern space options is rippling through the New Jersey Industrial market, creating challenges for logistics users while providing opportunities for developers. Class A availability has fallen to cycle lows of 5.5 percent, a far cry from last cycle’s peak when Class A availability reached 27.5 percent.

Distribution firm takes 29,000 sq. ft. in Moorestown, NAI Mertz says

A global distribution company has leased 29,000 square feet at a Moorestown industrial building, bringing the property to 100 percent occupancy.

Advance, Greek detail plans for 4.1 million sq. ft. industrial park in Linden

Advance Realty and Greek Development have taken the wraps off their plans for a new 4.1 million-square-foot logistics park in Linden, in what they say is the largest planned industrial development in the Port of New York and New Jersey region.

Harrison warehouse user renews for 21,000 sq. ft., Team Resources says

A storage, logistics and fabrication shop serving the entertainment industry has renewed its 21,000-square-foot lease in Harrison, in a deal arranged by Team Resources Inc.