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
Goodman hits key milestones, eyes late 2026 delivery for new Jersey City logistics hub

Goodman Group has completed its teardown of the former New York Daily News printing facility in Jersey City, where it plans to build more than 427,000 square feet of new industrial space that it says can support a range of user types.

Industrial
Kislak: Pennington industrial park changes hands for first time in 30 years, fetching $3.3 million

A longtime owner has sold a more than 30,000-square-foot industrial park in Mercer County for $3.3 million, in a newly announced deal by The Kislak Co. Inc.

Industrial
LEG nears completion of new 420,000 sq. ft. logistics center in Hamilton

More than 420,000 square feet of new high-end industrial space is taking shape in Hamilton, bringing new life to a site that’s just off Interstate 295 and minutes from NJ Transit rail service.

Industrial
Outsized impact: New Jersey warehouses support 1.35 million jobs, $113 billion in personal income, study finds

Warehouses and distribution centers in New Jersey are home to more than 760,000 on-site employees and support more than 1.35 million jobs overall, according to a newly released report, highlighting the vital role that the facilities play in the state’s economy.

Industrial
C&W: Alexander Properties sells Mahwah, Fairfield industrial portfolio to Faropoint

Alexander Properties has sold a nearly 124,000-square-foot industrial portfolio in northern New Jersey to Faropoint, the fast-growing real estate investment manager based in Hoboken.

Finance & Capital Markets
JLL: Bridge Industrial snags $27 million bridge loan for new Piscataway warehouse

Bridge Industrial has secured $27.1 million in bridge financing for a nearly 148,000-square-foot warehouse in Piscataway, in a newly announced deal by JLL.

Industrial
Contractor buys 28,000 sq. ft. warehouse on 3.4 acres in Fairfield for $8.7 million, NAI Hanson says

The site of a 28,000-square-foot warehouse with excess land in Fairfield has changed hands for nearly $8.75 million, brokers with NAI James E. Hanson announced Tuesday.

Professional Services
Sheldon Gross to manage 131,000 sq. ft. commercial, industrial portfolio in Central Jersey

The owners of five commercial buildings in Monmouth and Middlesex counties have tapped Sheldon Gross Realty to manage the properties.

Industrial
Event rental company inks lease at newly sold Hillsborough industrial building, Deluccia says

An investor has purchased and quickly filled a 6,000-square-foot commercial building in Hillsborough, in a set of transactions managed by Deluccia Commercial Group.

Industrial
Herbal therapeutics maker leases 3,000 sq. ft. at South Plainfield warehouse, BRC says

A company that develops plant-based ingredients and supplements has taken 3,000 square feet of industrial space in South Plainfield, brokers with Bussel Realty Corp. said Monday.