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.

Deals
Clarion Partners, auto parts retailer ink 444,000 sq. ft. industrial lease in Cranbury

An auto parts retailer has taken more than 444,000 square feet of modern industrial space along the New Jersey Turnpike in Cranbury, in a deal arranged by The Blau & Berg Co. and JLL.

Deals
Denholtz inks 21,000 sq. ft. lease in first deal at new Bridgewater industrial building

Denholtz has delivered more than 73,000 square feet of new industrial space in Bridgewater, having already leased nearly a third of the building to a supermarket technology company.

Industrial
JLL: Provident Bank closes construction, bridge loan to Hillsborough self-storage developer

A developer has secured construction and bridge financing for a planned 709-unit self-storage facility in Somerset County, brokers with JLL announced Monday.

Top News
Developer eyes new 167,000 sq. ft. warehouse in Montville, NAI Hanson leasing team says

A developer has tapped NAI James E. Hanson as its leasing team for a project that would bring nearly 167,000 square feet of new industrial space to Montville.

Policy Page
Turning early optimism into action

Gov. Mikie Sherrill took office with a clear mandate from New Jersey voters: make the state more affordable, more efficient and more competitive. For the commercial real estate (CRE) industry, that message matters because growth does not happen in a vacuum. It relies heavily on public policy that allows projects to move forward, capital to be deployed with confidence and employers to expand in places where workers can live, commute and thrive.

Top News
Sagard unveils 332,000 sq. ft. warehouse in Staten Island, just outside New Jersey port hubs

Sagard Real Estate has taken the wraps off nearly 332,000 square feet of new industrial space in Staten Island, adding to the warehouse stock around New Jersey’s key port submarkets.

Top News
Splendor officially rebrands with shortened name, highlighting creative agency’s evolution

Splendor, the creative agency with strong ties to commercial real estate and other industries, has officially shortened its name to reflect its decades-long movement to a full-service platform.

Deals
Avison Young: Life sciences user takes 60,000 sq. ft. at Faropoint industrial park in Allendale

Faropoint has leased more than 60,000 square feet of industrial space in Allendale to a growing life sciences company, in a newly announced deal by Avison Young.

Deals
Saxum buys Ohio facility with 465,000 sq. ft. of cold storage, warehouse space

Saxum Real Estate has added to its holdings outside New Jersey with the acquisition of more than 465,000 square feet of cold storage and dry warehouse space in Columbus, Ohio.

Industrial
NAIDB completes $10.5 million sale of Piscataway industrial building

A forklift dealer is expanding to Piscataway after acquiring a more than 41,000-square-foot facility just south of Interstate 287, brokers with NAI DiLeo-Bram & Co. said Wednesday.