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
Crow Holdings inks $164 million sale of new 925,000 sq. ft. warehouse in Franklin

An investment team led by Crow Holdings Industrial has sold a newly built, 925,000-square-foot warehouse in Franklin Township for $164 million.

Professional Services
NAI DiLeo-Bram hires veteran broker as senior vice president

NAI DiLeo-Bram & Co. has added to its team with the hiring of a veteran office and industrial broker in New Jersey.

Industrial
Denholtz, packaging business ink 31,000 sq. ft. lease in Monmouth

A packaging company has leased more than 31,000 square feet of industrial space in Eatontown, under a transaction arranged by Zimmel Associates.

Industrial
Virtual broker event highlights construction at massive Linden logistics complex (VIDEO)

A development and leasing team recently welcomed dozens of brokers to a virtual open house for a planned eight-building, 4.1 million-square-foot logistics park in Linden, complete with a construction update, aerial drone footage and a networking session for those on the call.

Industrial
First tenant commits to new Morris Plains flex building, Resource Realty says

The developer of a new flex commercial building in Morris Plains has secured its first tenant, inking a 20,000-square-foot lease with a logistics provider for the life sciences industry.

Industrial
Duke Realty adds leasing rep to New Jersey team

Duke Realty Corp. has deepened its bench in New Jersey with the addition of a leasing representative who has relocated from its Pennsylvania office.

Industrial
Connors touts 20,000 sq. ft. industrial lease in Raritan Center

The owner of a warehouse in Edison’s Raritan Center complex has signed a nearly 20,000-square-foot lease at the property, according to the William F. Connors Agency.

Industrial
JLL expands Northeast industrial team with two Pennsylvania brokers

JLL has added two veteran Pennsylvania brokers to its regional industrial team.

Finance & Capital Markets
JLL inks $10.1 million loan for West Deptford industrial deal

An investment fund has secured $10.1 million in financing for a newly acquired, 183,000-square-foot industrial building in West Deptford.

Industrial
BRC inks 12,000 sq. ft. industrial sale in Springfield

An industrial flex building in Springfield has changed hands for nearly $2 million, Bussel Realty Corp. announced Wednesday.