A private equity firm has expanded its industrial portfolio in the state with the purchase of a fully leased, 269,500-square-foot property in Vineland, according to brokers with CBRE.
W.P. Properties has leased 40,000 square feet in Morris County to a local e-commerce distributor, in the largest of several transactions at an industrial complex near Route 46.
A construction business is relocating to a nearly 10,000-square-foot flex industrial building in Pennsauken after acquiring the property, according to Wolf Commercial Real Estate.
Forsgate Industrial Partners has acquired a nearly 160,000-square-foot industrial building in Wayne, under a newly announced transaction by NAI James E. Hanson.
The owner of a former steel plant in Boonton has sold the 55,000-square-foot property, in a newly announced transaction by JLL.
Hartz Mountain Industries is planning some 515,000 square feet of new industrial space in Teterboro after recently completing a 30-acre assemblage along Route 17.
Two new tenants are coming to a Freehold industrial building after leasing a combined 12,535 square feet at the property, according to brokers with Sheldon Gross Realty.
A Brooklyn-based beverage maker has expanded into North Jersey with its purchase of a nearly 46,000-square-foot industrial building in Clifton, according to NAI James E. Hanson.