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.

BRC adds two vice presidents to brokerage team

Bussel Realty Corp. has expanded its team with the addition of two vice presidents.

Avison Young announces new service program to mark five years in tristate

Avison Young is marking the fifth anniversary of its operations in the region by launching a new charitable initiative. Known as the Avison Young Five for Five program, the initiative calls for each employee in the tristate area to dedicate five hours of volunteer community service to charitable organizations over a five-month period.

Retailer demand moves toward record-breaking absorption in 2018

Changes in consumption patterns continue to shift retailer demand away from brick-and-mortar storefronts to industrial facilities with immediate access to large swaths of the U.S. population. In 2017, traditional and e-commerce retailer requirements exceeding 200,000 square feet totaled 7.8 million, representing a 120 percent increase over the 2016 total of 3.6 million.

Wiss: Tax reform manifesto for the real estate industry

Tax reform has been a hot topic, especially in the real estate industry. After all, real estate and construction industries have a significant impact on the U.S. economy. Wiss is proud to advise the industry on all the new changes. In our Tax Reform Manifesto for the Real Estate Industry, we explore the recent tax reform and how you or your business could be affected. 

LEG details plans for 1.6 million sq. ft. industrial park in Bayonne

Lincoln Equities Group has unveiled plans to build “next-generation” industrial space on the Bayonne waterfront — with ceiling heights of up to 50 feet — as part of a newly announced, 1.6 million-square-foot redevelopment at a former military base in the city.

MCEDC honors real estate deals, business leaders at annual luncheon (SLIDESHOW)

The Morris County Economic Development Corp. recently hosted its 26th annual Partners in Economic Development Awards Luncheon, in an event that recognized several high-profile real estate deals in the county from the past year.

IOREBA panel gauges investor demand for N.J. industrial, office space

Officers of IOREBA joined panelists at the dais for the organization’s annual Developer Night, which drew hundreds of industry leaders to the Teaneck Marriott at Glenpointe. — Courtesy: William Neumann Photography By Joshua Burd Sellers of high-end office and industrial…

Collaborative deals: The new norm in Jersey

In listening to the presentations by the eight finalists for NAIOP’s annual Deal of the Year competition, what struck me most was the collaborative nature and level of cooperation that is taking place among all the participants in both the public and private sectors. It wasn’t always this way.

LMC: Shoe wholesaler inks 103,000 sq. ft. industrial lease in Piscataway

A shoe wholesaler has signed a full-building lease for a 103,350-square-foot warehouse in Piscataway, representatives with Levin Management Corp. said Wednesday.

Industry veteran joins NAI Hanson as VP

NAI James E. Hanson has continued its recent expansion with the hiring of a new vice president.