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.

BRC: Dredging company takes 14,000 sq. ft. in Hillside industrial deal

A dredging and marine salvage company has leased more than 14,000 square feet at a Hillside industrial building, in a newly announced deal by Bussel Realty Corp.

McBride: Goodman buys second Carlstadt parcel, plans 100,000 sq. ft. warehouse

A developer is planning a new 100,000-square-foot warehouse in Carlstadt after acquiring the second of two adjacent properties, in a deal arranged by McBride Corporate Real Estate.

IOREBA hosts bourbon tasting in Fairfield

A group of New Jersey commercial real estate leaders kicked back last week for a special bourbon tasting hosted by the Industrial & Office Real Estate Brokers Association.

Prologis buys 25,000 sq. ft. Lodi industrial building for $5.5 million, CBRE says

Prologis Inc. has acquired a nearly 25,000-square-foot industrial building in Lodi for $5.5 million, brokers with CBRE announced Thursday.

Contractor buys Howell office, warehouse property for $2.9 million, Sheldon Gross says

A contractor has purchased a 10,300-square-foot commercial property in Howell for $2.9 million, in a deal arranged by Sheldon Gross Realty.

At the ready

The issue of so-called stranded assets is a recurring theme in New Jersey commercial real estate, regrettably so, one that often finds public officials on their heels when they’re left with a vacant, obsolete office park or mall. That is seemingly not the case in Bedminster, where local leaders spent nearly a decade preparing for the possibility that AT&T, its largest taxpayer and employer, would vacate its iconic, 1.1 million-square-foot campus in the township.

NAI Hanson: Clothing retailer takes 25,000 sq. ft. in Ramsey, in relocation from N.Y.C.

A family-owned clothing accessories business has leased nearly 25,000 square feet of industrial space in Ramsey, in a newly announced deal by NAI James E. Hanson.

J.P. Morgan secures $45 million refi of 1.1 million sq. ft. Poconos warehouse, C&W says

An investment group has landed $45 million to refinance a nearly 1.1 million-square-foot industrial building in Pennsylvania’s Poconos region, about 25 miles outside New Jersey, in a deal arranged by Cushman & Wakefield.

CenterPoint, food company ink 150,000 sq. ft. industrial lease in Carteret, BRC says

A food purveyor has signed a full-building, 150,000-square-foot lease at a Carteret industrial property, in a newly announced deal by Bussel Realty Corp.

Newmark Associates: Investor adds 157,000 sq. ft. Readington industrial park for $15.5 million

An investment firm has purchased a 157,000-square-foot industrial park in Readington for nearly $16 million, according to a brokerage team with Newmark Associates CRE.