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.

Deals
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.

Industrial
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.

Industrial
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.

Industrial
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.

Finance & Capital Markets
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.

Industrial
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.

Industrial
Cable installer takes 5,000 sq. ft. in Atlantic County, Vantage RES says

A business that installs cable and internet equipment has leased some 5,000 square feet of industrial space in Atlantic County, brokers with Vantage Real Estate Services said.

Industrial
New 300,000 sq. ft. industrial building coming to Florence, brokers say

More than 300,000 square feet of new industrial space is coming to Burlington County, following a sale arranged by brokers with Lee & Associates of Eastern Pennsylvania.

Industrial
Garment supplier takes 23,000 sq. ft. in Hackensack, NAI Hanson says

A supplier of women’s garments has leased more than 20,000 square feet at a Hackensack industrial building, under a newly announced transaction by NAI James E. Hanson.

Finance & Capital Markets
G.S. Wilcox inks $17 million loan for Elizabeth warehouse

The owner of a 221,000-square-foot warehouse in Elizabeth has secured $17 million in financing, in a newly announced transaction by G.S. Wilcox & Co.