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.

BRC: Lighting company takes 13,000 sq. ft. in Piscataway

A lighting company has leased nearly 13,000 square feet of industrial space in Piscataway, in the largest of three newly announced transactions by Bussel Realty Corp.

CBRE promotes Philadelphia, New Jersey investment sales broker to vice chairman

A veteran investment sales broker in CBRE’s New Jersey and Philadelphia markets has earned a promotion to vice chairman, the highest title for producers within the company.

NAI Hanson: Blackstone industrial platform adds 130,000 sq. ft. building in North Bergen

Blackstone has added to its New Jersey holdings with the acquisition of a 130,000-square-foot industrial building in North Bergen, brokers with NAI James E. Hanson announced.

JLL inks $19.4 million sale of CBS Broadcasting building in Metropark

A newly renovated light industrial building within the Metropark section of Woodbridge has changed hands, following a $19.35 million transaction arranged by JLL.

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Paul V. Profeta & Associates Inc. has sold a 120,000-square-foot industrial building in Westwood, under a newly completed transaction with Treetop Development.

Matrix, drug manufacturer ink 233,000 sq. ft. lease in Cranbury

A pharmaceutical manufacturer has signed a full-building, 233,000-square-foot lease at a Matrix Development Group industrial complex in Cranbury, Cushman & Wakefield announced.

Denholtz completes 16,000 sq. ft. flex lease in Bridgewater

A new tenant is coming to Denholtz Properties’ 17-building business park in Somerset County, where it has inked a lease for more than 16,000 square feet of flex industrial space.

Eatontown flex building fetches $11.6 million, Resource Realty says

An affiliate of Denholtz Properties has acquired a roughly 110,000-square-foot commercial building in Eatontown, in one of several newly announced deals by Resource Realty.

Mount Laurel flex park fetches $10.7 million, Colliers says

A private investor has acquired a five-building, 96,000-square-foot office and flex park in Mount Laurel for nearly $11 million, brokers with Colliers International announced Monday.

BRC: Health products manufacturer subleasing 65,000 sq. ft. in South Brunswick

A maker of health and beauty products will occupy nearly 65,000 square feet of industrial space in South Brunswick, under a newly announced sublease by Bussel Realty Corp.