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 honors deals of the year, industry icons as virtual gala marks 50th anniversary

The state’s commercial real estate community gathered virtually on Wednesday as NAIOP New Jersey honored a group of transformative projects and industry leaders, including the family of a developer who helped found the chapter a half-century ago.

Industrial
Camber acquires 88,000 sq. ft. industrial building in Morris County

An investment firm has expanded its northern New Jersey industrial portfolio with the acquisition of a nearly 90,000-square-foot property in East Hanover.

Deals
Industrial-turned-church building in Hackensack changes hands, NAI Hanson says

A local church has sold a converted industrial building in Hackensack, securing a deal with another faith-based organization that will move into the property.

Top News
A look at NAIOP New Jersey’s Deal of the Year finalists

Nine of the state’s most impactful development projects will take center stage Wednesday night as NAIOP New Jersey hosts its annual commercial real estate awards gala.

Industrial
Kislak inks new leases totaling 52,000 sq. ft. in northern, central New Jersey

An automotive detailer and storage business has leased 10,000 square feet at a Flemington warehouse, in the largest of several newly announced deals by The Kislak Co. Inc.

Industrial
Petrucci, PGIM detail 511,000 sq. ft. spec industrial project in Phillipsburg

More than 500,000 square feet of new industrial space is coming to Phillipsburg, under a newly announced project by J.G. Petrucci Co. Inc. and PGIM Real Estate.

Industrial
Newmark inks sale of 12,000 sq. ft. flex building in Branchburg

A local owner has acquired a 12,000-square-foot industrial flex building in Somerset County, in a newly completed transaction by Newmark Associates.

Professional Services
Newmark Associates announces new broker hire

Newmark Associates has made another addition to its brokerage team, hiring a longtime health care and pharmaceutical executive as a sales associate.

Industrial
Sitex makes new industrial acquisitions in Hackensack, the Bronx

Sitex Group has made two recent additions to its industrial portfolio in the region, including a nearly five-acre parcel in Hackensack that allows it to complete a 15-acre land assemblage.

Industrial
NAI Hanson inks 7,400 sq. ft. industrial lease in Hackensack

A servicer of cell phone towers has leased 7,400 square feet of industrial space in Hackensack, under a newly completed transaction by NAI James E. Hanson.