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
Matrix inks new 975,000 sq. ft. lease with Amazon, filling Staten Island industrial park

Fresh off another deal with Amazon, Matrix Development Group is hailing the lease-up of a 3.5 million-square-foot logistics park in Staten Island, where it broke ground four years ago as it pushed the boundaries of New Jersey’s booming industrial market.

Professional Services
Newmark announces rebrand, reflecting enhanced commercial real estate platform

Newmark Group has shortened the name of its flagship commercial real estate business, announcing a rebrand that it says reflects its rapid growth and the evolution of its platform.

Industrial
Fashion supplier acquires 23,000 sq. ft. warehouse in Hackensack, Equity says

A fashion supplier has acquired a Hackensack industrial building for more than $3 million, in a   deal that comes less than six months after it signed a lease at the property.

Industrial
Boniakowski inks 11,000 sq. ft. flex lease in Middlesex

A growing toy company has leased an 11,000-square-foot flex building in Middlesex Borough, under a newly announced transaction by The Boniakowski Commercial Real Estate Group.

Top News
Sanzari family foundation awards $30,000 in grants to five North Jersey organizations

The Alfred N. Sanzari Family Foundation has awarded $30,000 under a new grant program, supporting five local organizations that are continuing to serve through the pandemic.

Professional Services
Service firms launch site selection, consulting platform for life sciences facilities

Three companies have joined forces to provide facilities planning, design and site selection services for life sciences and biopharmaceutical firms, with a focus on helping clients streamline their supply chains and physical footprint in a quickly changing industry.

Professional Services
How CBRE webinar series became a pandemic staple — and a valuable tool going forward

CBRE’s tristate capital markets team has stayed connected with clients and colleagues throughout the pandemic, thanks to a series of webinars and virtual programs that have drawn thousands of viewers since the earliest days of the crisis in the U.S.

Photos
IOREBA announces new officers

The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area has installed its newest slate of board officers.

Industrial
Joint venture acquires Piscataway site, plans 298,000 sq. ft. industrial project

Transwestern Development Co. has unveiled plans to renovate a warehouse in Piscataway and construct a second building alongside it, bringing nearly 300,000 square feet of new industrial space to the submarket.

Industrial
NKF inks 65,000 sq. ft. renewal at Pine Brook industrial building

A manufacturer has renewed its 65,000-square-foot lease at a Morris County industrial building, under a newly completed transaction by Newmark Knight Frank.