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.

Top News
JLL: Buyers wanted for North Jersey medical office, light industrial buildings

The owner of two medical office buildings and a light industrial property in northern New Jersey has put the portfolio on the market, in a newly announced offering by JLL.

Office
New Jersey properties included in $97 million ground lease sale

An investment group has acquired a collection of ground-leases in New Jersey as part of a four-state, $97 million transaction with Brandywine Realty Trust.

Industrial
CBRE: Developer lures e-commerce giant to Jersey City logistics project, its first in N.J.

A developer has landed a major tenant at its first New Jersey industrial project, inking a full-building lease in Jersey City with what it described as a global e-commerce company.

Health Care & Education
NAI Hanson inks sale of Hunterdon flex building slated for rehab facility

A psychiatrist has acquired a 7,800-square-foot industrial flex building in Hunterdon County, with plans to build out the property as a residential addiction rehabilitation facility.

Industrial
Perfume plant in Keyport fetches $5 million, Sheldon Gross says

A perfume company has sold its nearly 75,000-square-foot manufacturing plant in Keyport, under a newly completed transaction by Sheldon Gross Realty.

Industrial
Cross-dock warehouse in Meadowlands on the market for sale, Meridian says

The owner of a Meadowlands warehouse with major expansion potential is seeking a buyer for the property, in a newly announced offering by Meridian Capital Group.

Industrial
CBRE: Home appliance maker takes 66,000 sq. ft. at new Piscataway industrial building

An appliance manufacturer has leased more than 65,000 square feet at a newly built warehouse in Piscataway, under a transaction arranged by CBRE.

Industrial
NAI Hanson inks sale of 19,000 sq. ft. Randolph industrial building

A private estate has sold a nearly 19,000-square-foot industrial building in Morris County, according to brokers with NAI James E. Hanson.

People
Denholtz adds first-ever director of development among newest hires

Denholtz Properties has bolstered its in-house development and construction teams with three new hires, as it looks to manage and grow its pipeline of projects in the region.

Industrial
C&W: Advance, Greek land $103 million financing package for Logan industrial park

A development team has secured more than $100 million in financing for the first two buildings in a planned 3.2 million-square-foot industrial park in Gloucester County.