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.

Office
Capital markets brokers Welsh, Schulz join Newmark Knight Frank

A team led by two of the state’s top capital markets brokers has joined Newmark Knight Frank, providing a powerful addition to the firm’s investment sales platform in northern New Jersey.

Industrial
Elizabeth industrial portfolio trades for $13.2 million

Bussel Realty Corp. has brokered the sale of a 115,078-square-foot industrial portfolio in Elizabeth, one of several recent deals announced by the firm on Monday.

Industrial
Developer adds to Fairfield industrial portfolio

Saddleback Real Estate Developers has added to its fast-growing industrial portfolio with the acquisition of a 23,200-square-foot building in Fairfield.

Industrial
NAI Hanson brokers lease for cabinet maker in Carlstadt

A cabinet maker will occupy 13,000 square feet at a Bergen County industrial building, following a transaction negotiated by NAI James E. Hanson.

Industrial
Adult day care operator finds space in Bergen County

The operator of an adult day care center has leased a 12,000-square-foot building in Carlstadt, according to brokers with Team Resources.

Industrial
Sheldon Gross brokers 7,700 sq. ft. office, industrial lease in Essex County

A maker of camera support products is consolidating two locations into a 7,700-square-foot space inside a Verona commercial building, Sheldon Gross Realty said Wednesday.

Industrial
Dover industrial building slated for residential, commercial rehab

Team Resources has announced the sales of two North Jersey industrial buildings, including a former manufacturing complex that is now slated for mixed-use redevelopment.

Industrial
NAI Hanson: E-commerce service firm inks lease in Fair Lawn

An e-commerce toy and clothing distributor has leased 12,500 square feet at a warehouse and flex building in Fair Lawn, according to NAI James E. Hanson.

Events
NAIOP gala honors projects and CRE leaders of past and present

NAIOP New Jersey unveiled three Deal of the Year awards at its annual gala, which also honored two late industry icons, Arthur Greenbaum and Caren Franzini. The program also recognized three of the state’s leading service firms — JLL, Biggins Lacy Shapiro & Co. LLC and Hollister Construction — before a packed house at The Palace at Somerset Park in Franklin.

Industrial
Upgrades planned at Monmouth industrial park after $7.5 million trade, Bussel says

A nine-building, 165,000-square-foot industrial park in Monmouth County has changed hands for $7.5 million, following a sale brokered by Bussel Realty Corp.