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
Medical marijuana dispensary acquires Vineland industrial building, NAI Mertz says

A medical marijuana company has acquired more than 50,000 square feet of industrial space in Vineland, brokers with NAI Mertz said, marking the operator’s first location in New Jersey.

Professional Services
As SIOR chapter president, Vetter looks to expand association’s profile in New Jersey

A veteran broker at NAI James E. Hanson has taken the reins as New Jersey chapter president of the Society of Industrial and Officer Realtors.

Industrial
Freight carrier takes 32,000 sq. ft. in Raritan Center, BRC says

A trucking company has leased more than 30,000 square feet of industrial space in Edison, under a newly completed transaction by Bussel Realty Corp.

Industrial
Camden County flex, industrial portfolio sells for $16 million, Colliers says

An investment group has paid more than $16 million to acquire a 21-building, 241,410-square-foot industrial portfolio in Camden County, brokers with Colliers International said Monday.

Retail
Familiar territory

As you’ll read in this month’s cover story, a project aims to revive what should be prime real estate in East Brunswick, one that hugs a highway with daily traffic of 100,000 vehicles.

Industrial
JLL: Developer breaks ground on 76,000 sq. ft. warehouse near Newark Airport

Nearly 80,000 square feet of new warehouse space is coming to a site just north of Newark Liberty International Airport, according to a leasing and marketing team with JLL.

Professional Services
NAI Global ranks third in brokerage survey

NAI Global, the global network of owner-operated commercial real estate brokerage firms, has earned a top three ranking in a wide-ranging industry survey.

Industrial
Bridgewater industrial portfolio fetches $17.5 million, Zimmel says

A partnership has sold a two-building, 204,000-square-foot industrial complex in Bridgewater for $17.5 million, in a newly announced transaction by Zimmel Associates.

Industrial
Newmark broker inks 36,000 sq. ft. lease in Flanders, celebrates milestone

A tenant at a Flanders commercial building has signed a lease for nearly 36,000 square feet, in a transaction by a Newmark Associates broker who recently celebrated a milestone.

Industrial
Developers set to begin vertical construction at 4.1 million sq. ft. Linden industrial park

A joint venture is nearing the start of construction for its first two buildings at a long-awaited, 4.1 million-square-foot warehouse and logistics park in Linden.