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.

Avison Young tenant, occupier solutions professional named principal

Avison Young has named a new principal in New Jersey, promoting an industry professional with more than a decade of experience in tenant representation and occupier solutions.

CBRE: Industrial leasing in New Jersey, Northeast rebounds in April

Led in large part by northern and central New Jersey, industrial leasing in the Northeast bounced back in April after a slowdown earlier in the year.

Moving supply firm inks 33,500 sq. ft. lease in Carlstadt

A moving supply company has leased 33,500 square feet at a Meadowlands industrial building, under a newly completed transaction by Team Resources Inc.

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NAI Hanson touts Bergen County flex, office leases totaling 6,750 sq. ft.

A window installer is leasing 2,500 square feet of flex space in Hackensack, in one of several newly announced deals by NAI James E. Hanson.

REIT plans to convert Lodi retail building to last-mile industrial site, Resource Realty says

A real estate investment trust is set to convert a former big-box retail site in Lodi into more than 170,000 square feet of industrial space, the property’s leasing team announced Tuesday.

BRC inks sale of 178,000 sq. ft. industrial building in Somerset County

A nearly 180,000-square-foot industrial building in Somerset County has changed hands, following a transaction arranged by Bussel Realty Corp.

Lexus dealer renews lease at Bridgewater industrial, flex park

An auto dealership has renewed its 62,400-square-foot lease at a Bridgewater business park, under a newly announced transaction by Transwestern Real Estate Services.

Elberon inks $20 million refi for Elizabeth cold storage building, JLL says

The owner of a 175,000-square-foot cold storage building in Elizabeth has landed $20 million in long-term financing, in a newly announced transaction by JLL.

Food packager takes 27,000 sq. ft. in Mount Laurel, NAI Mertz says

A food packaging company has leased nearly 27,000 square feet of industrial space in Mount Laurel, under a transaction arranged by brokers with NAI Mertz.