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.

Industrial
Camber, Invesco pick NAI Hanson as leasing team for Rockland County industrial portfolio

Camber Real Estate Partners and Invesco have tapped NAI James E. Hanson as their leasing agent for nearly 262,000 square feet of industrial space just north of Bergen County.

Industrial
Rockefeller, MBK Real Estate to build 2 million sq. ft. logistics park in Central Pennsylvania

Rockefeller Group is expanding to Central Pennsylvania with more than 2 million square feet of new industrial space to be built by its regional development team based in Morristown.

Industrial
Woodmont, insurance firm recap and acquire 31 acres for Somerset warehouse project

Woodmont Industrial Partners has teamed with a major insurance company to recapitalize and acquire nearly 31 acres in Franklin Township, with plans to build more than 370,000 square feet of modern industrial space just off Interstate 287.

Industrial
SNS Real Estate buys 84,000 sq. ft. South Brunswick warehouse, Avison Young says

SNS Real Estate Investment Group has acquired a vacant 84,000-square-foot industrial building in South Brunswick, in a newly announced deal by Avison Young.

Industrial
Cannabis grower takes 95,000 sq. ft. at Mount Holly industrial building, Zimmel says

A cannabis cultivator has leased a 95,000-square-foot industrial building in Mount Holly, in a newly announced transaction by Zimmel Associates.

Community
Greek continues focus on sustainability with fourth annual Earth Day cleanup

Greek Real Estate Partners is marking another Earth Day after having completed its annual cleanup event in the industrial park around its East Brunswick headquarters.

Industrial
Developers ink $15 million construction loan for Montvale self-storage project, JLL says

A joint venture has closed on a nearly $15 million construction loan for a planned 989-unit self-storage facility in Montvale, brokers with JLL announced last week.

Industrial
Vantage Commercial: Tire company buys 42,000 sq. ft. industrial property in Camden County

A tire distributor has acquired a 42,000-square-foot industrial building in the Blackwood section of Gloucester Township, brokers with Vantage Commercial announced last week.

Industrial
Cervenka, PREMIER break ground on 119,000 sq. ft. Denville warehouse for Zippy Shell

Construction is underway on a nearly 119,000-square-foot industrial building in Denville that will be home to a fast-growing moving and storage company.

Professional Services
NAIDB’s Gerace promoted to vice president

NAI DiLeo-Bram & Co. has promoted broker Kyle Gerace to vice president, touting his role in several major industrial deals and in strengthening the firm’s standing in the market.