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.

Flooring business takes 20,000 sq. ft. in Fairfield, KenKap says

A carpet company has committed to 20,000 square feet at a Fairfield industrial building, under a newly announced transaction by KenKap Realty Corp.

I.CON panel: Industrial values holding strong, despite post-COVID uncertainty

Industrial space remains a coveted asset class for investors, despite questions about short-term rent growth and other uncertainties in the wake of the coronavirus crisis.

Amazon opening 14 new last-mile ‘delivery stations’ in New Jersey

Amazon is adding to its already-vast footprint in New Jersey, announcing plans for 14 new locations geared toward the last mile of its fulfillment process.

Larken inks 25,000 sq. ft. in leasing at Hillsborough business park

Larken Associates is touting new activity at a sprawling business park in Hillsborough, where six tenants have combined to lease more than 25,000 square feet.

Industrial market’s strength on display as NAIOP kicks off virtual conference

More than 1,000 industry professionals have registered for this week’s I.CON event, NAIOP’s flagship conference for the industrial sector, despite its move this year to a virtual format. And with an industry that appears to be as bullish as ever, organizers believe they can still deliver the kind of experience and value that attendees have to come to expect from the annual gathering.

Importer relocates after acquiring Meadowlands industrial building

An importer of headwear products has acquired a nearly 77,000-square-foot industrial building in Carlstadt, under a newly announced transaction by Team Resources Inc.

Stro, bread distributor ink 24,000 sq. ft. lease in Hackensack

A bread manufacturer is relocating its New Jersey operations after signing a new 23,500-square-foot industrial lease in Hackensack.

Duke eyes solar projects atop 1 million sq. ft. of New Jersey industrial space

Duke Realty Corp. has unveiled plans to install rooftop solar panels across nearly 1 million square feet of industrial space in New Jersey, the real estate investment trust announced.

Fillo dough maker, distributor takes 27,000 sq. ft. in Northvale

A food manufacturer is set to expand in northern Bergen County after leasing more than 27,000 square feet of industrial space, brokers with Team Resources Inc. announced.

Greek, importer sign 16,000 sq. ft. lease in East Brunswick, BRC says

An importer is taking 16,000 square feet at an East Brunswick industrial building, under a newly announced transaction by Bussel Realty Corp.