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
Metuchen industrial building trades for $6.4 million, BRC says

A technology firm for logistics users has acquired a nearly 42,000-square-foot industrial building in Middlesex County, under a newly announced transaction by Bussel Realty Corp.

Industrial
CBRE: Online returns to reach record levels, put additional pressure on industrial space

With e-commerce sales and returns expected to hit record levels this holiday season, demand for industrial space is only slated to grow amid the need for reverse logistics space.

Industrial
Staging firm takes 14,000 sq. ft. at Jersey City complex, Grid Real Estate says

A home staging studio has found its new East Coast base of operations, inking a lease for nearly 14,000 square feet at a historic industrial complex in Jersey City.

Office
Kitchen, bathroom fixtures company inks 113,500 sq. ft. at Piscataway buildings, JLL says

A maker of kitchen and bathroom fixtures has leased more than 110,000 square feet across two buildings in Piscataway, under a set of newly announced transactions by JLL.

Industrial
C&W inks sale-leaseback, financing at 193,000 sq. ft. industrial building in Perth Amboy

A roofing company has sold and leased back its nearly 200,000-square-foot headquarters and manufacturing plant in Perth Amboy, in a transaction arranged by Cushman & Wakefield.

Industrial
CenterPoint acquires parking-rich Meadowlands industrial property

CenterPoint Properties has added to its New Jersey industrial portfolio with the acquisition of a 7.8-acre property in the Meadowlands.

Industrial
Electronics seller inks renewal at Bergen County industrial building

A consumer electronics seller has renewed its lease at an 11,360-square-foot industrial building in Westwood, under a newly announced transaction by NAI James E. Hanson.

Events
G.S. Wilcox touts $44 million in out-of-state loans for commercial, multifamily assets

G.S. Wilcox & Co. has arranged five new out-of-state loans on behalf of its clients, including $18 million in financing for the owner of a Long Island shopping center.

Industrial
Petrucci touts start of 2 million sq. ft. in New Jersey, Pennsylvania industrial projects

J.G. Petrucci Co. Inc. is set to break ground on more than 1 million square feet of new industrial space in Logan Township, in one of several projects that the firm will soon have underway.

Industrial
Sitex adds to Meadowlands holdings, acquiring 30,000 sq. ft. warehouse in Carlstadt

Sitex Group has acquired a vacant 30,000-square-foot warehouse in Carlstadt, the latest addition to its portfolio of Meadowlands industrial buildings.