New Jersey remains one of the nation’s most underserved markets for cold storage space, despite its potential to share in the expanding market for fresh food and online grocery delivery.
The Hampshire Cos. is deepening its push into self-storage, announcing a new joint venture and development plan with one of the industry’s largest alternative investment firms.
Investors Bank inked nearly $2.5 billion in commercial real estate loans in 2018, including $385 million in volume across 19 transactions to close out the year.
A pair of top industrial developers offered a glimpse at two of New Jersey’s largest warehouse and logistics projects, detailing plans that would add nearly 7 million square feet across two coveted submarkets.
Tulfra Real Estate and The Hampshire Cos. are nearing completion of the first piece of a 500,000-square-foot, mixed-use development at a former Roche Diagnostics site in Belleville.
Sitex Group has acquired a 100,000-square-foot warehouse building in Carlstadt, one of three recent additions to its industrial portfolio in New Jersey and New York.
An e-commerce company focused on snack foods has taken 33,000 square feet in Carlstadt, under a newly announced sublease by Atlantic Real Estate Services.
Newmark Knight Frank has bolstered its valuation and advisory practice in New Jersey with two of its newest hires.
Lee & Associates has hired a veteran property management executive to help expand the firm’s practice and support its existing clients in New Jersey.