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
NKF inks 65,000 sq. ft. renewal at Pine Brook industrial building

A manufacturer has renewed its 65,000-square-foot lease at a Morris County industrial building, under a newly completed transaction by Newmark Knight Frank.

Industrial
Food industry business leases 44,000 sq. ft. in Linden, BRC says

A food-related tenant is taking more than 44,000 square feet at a Linden industrial building, in a lease arranged by Bussel Realty Corp.

Industrial
Logistics firm for wine and spirits industry takes 114,000 sq. ft. in North Bergen

A logistics company has leased nearly 114,000 square feet at a newly developed industrial building in North Bergen, brokers with Team Resources Inc. announced Wednesday.

Industrial
Binswanger: Pet food maker sells Pennsauken industrial buildings for $18 million

A pet food company has sold two Pennsauken industrial buildings for a combined $18 million, in a set of transactions by Binswanger Commercial Real Estate Services.

Industrial
Two more tenants commit to Newark industrial campus, taking 59,000 sq. ft.

Two tenants have combined to lease nearly 60,000 square feet at a Newark industrial complex, in a set of transactions arranged by NAI James E. Hanson.

Industrial
Stro acquires 78,000 sq. ft. industrial building in Fairfield

The Stro Cos. has purchased a fully occupied, 78,000-square-foot industrial property in Fairfield, the Ridgewood-based firm announced Monday.

Industrial
Investment firm adds 48,000 sq. ft. warehouse, expanding South Jersey holdings

An investment firm has acquired a 48,000-square-foot industrial building in Camden County for $2.7 million, according to brokers with Colliers International.

Finance & Capital Markets
JLL inks two loans for industrial portfolio in North Jersey, Rockland County

The owner of four industrial buildings in New Jersey and New York has refinanced the properties, under a set of newly announced transactions by JLL.

Industrial
Colliers: Sublease space on the rise in N.J. industrial sector, despite market’s strength

While industrial space remains in short supply, New Jersey is seeing a spike in new sublease offerings as smaller logistics firms feel the economic pinch of the pandemic.

Event Coverage
March of Dimes honors Milanaik, raises $270,000 in virtual progam

The March of Dimes has honored one of New Jersey’s top industrial developers as part of a popular commercial real estate industry fundraiser that was held virtually this year.