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.

Events
NAIOP New Jersey installs new board, details legislative priorities

NAIOP New Jersey installed its new slate of board officers on Monday, as the association offered a glimpse at its legislative agenda in a pivotal election year for the state.

Finance & Capital Markets
G.S. Wilcox inks $267 million in loans in North Jersey, Long Island for life insurance lender

G.S. Wilcox & Co. has announced $267 million in new loan activity in New Jersey and New York on behalf of a longtime life insurance company client.

Industrial
Sudler touts record leasing activity in 2020, fueling 98 percent occupancy portfolio-wide

Sudler Cos. has started 2021 at nearly full occupancy across its portfolio after a year in which it saw 1.2 million square feet of leasing velocity.

Industrial
Spice company renews lease at 54,000 sq. ft. industrial building in Millburn, BRC says

An herb and spice company has renewed its full-building, 53,500-square-foot lease at a Millburn industrial building, brokers with Bussel Realty Corp. announced Monday.

Technology
Denholtz Properties sees innovation as crucial to business operations, investor relations

Denholtz Properties has spent nearly a decade seeking to modernize and weave technology into virtually every facet of its operation, in an effort that became all the more pronounced in 2020.

Finance & Capital Markets
Peapack-Gladstone Bank names new top executives in commercial banking

Peapack-Gladstone Bank has made two key promotions within its commercial lending team, elevating two veteran bankers with a combined six decades of experience.

Industrial
Investor acquires new 146,000 sq. ft. warehouse in Hamilton, CBRE says

An investment firm has added to its fast-growing portfolio in the state, acquiring a soon-to-be-completed industrial building in Hamilton for $29.6 million.

Industrial
Devli marketing space at cold storage, warehouse buildings in Meadowlands

A local landlord is seeking tenants for two Meadowlands industrial buildings, including a cold storage and a commissary kitchen in one property and a newly renovated warehouse.

Industrial
Roselle Park warehouse fetches $4.65 million, Lee & Associates New Jersey says

An 80,000-square-foot warehouse in Union County has changed hands for $4.65 million, brokers with Lee & Associates New Jersey announced Wednesday.

Industrial
JLL: Marketing, PR firm sells Eatontown flex building

A marketing and public relations firm has sold a 36,500-square-foot flex facility in Eatontown, in a transaction arranged by brokers with JLL.