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.

Finance & Capital Markets
Madison, 2020 Acquisitions close $654 million loan for massive Old Bridge logistics park

The next phase of a 4.1 million-square-foot industrial campus in Old Bridge is moving ahead with the help of a $654 million mortgage and mezzanine loan from Madison Realty Capital.

Industrial
Velocity expands Burlington industrial building by 33,000 sq. ft. to support growing tenant

Velocity Venture Partners has completed a 33,000-square-foot addition to a Burlington industrial building, providing expansion space for the manufacturer that anchors the property.

Industrial
Richards & Robbins fills 7,300 sq. ft. at Fairfield industrial building, RRNNJ says

Richards & Robbins has secured another tenant in Fairfield with a new industrial lease for nearly 7,300 square feet, in a deal arranged by Resource Realty of Northern New Jersey.

Industrial
Sitex marks lease-up of 130,000 sq. ft. Edison industrial portfolio after sweeping update

Sitex Group has leased up a three-building, 130,000-square-foot industrial complex in Edison after a multiyear plan to modernize the portfolio.

Industrial
CBRE: Buyer wanted for 400-acre development site at Sayreville’s Hercules property

A massive piece of the former Hercules Inc. property in Sayreville is on the market for sale, with zoning in place for warehousing, data centers and other uses across some 400 acres.

Industrial
PNK Group breaks ground on 268,000 sq. ft. industrial project in Camden County

Construction is underway on a 268,000-square-foot industrial facility in Camden County’s Waterford Township.

Finance & Capital Markets
Marcus Partners inks construction loan for 72,000 sq. ft. Hanover warehouse project, JLL says

Marcus Partners has closed on construction financing for a project that will bring 72,000 square feet of new industrial space to Hanover, brokers with JLL announced Tuesday.

Industrial
NAIDB marketing Union Township warehouse, flex spaces totaling 28,000 sq. ft.

The owner of a Union Township industrial building is looking to fill more than 28,000 square feet, working alongside a leasing team with NAI DiLeo-Bram & Co.

Industrial
CBRE: Silverman, FDA-approved packaging company ink 114,000 sq. ft. renewal in Randolph

The Silverman Group has signed a nearly 114,000-square-foot lease renewal in Randolph with a specialty packaging company for the health care and food and nutrition industries.

Industrial
Freight forwarding, logistics firm takes 89,000 sq. ft. in Raritan Center, Lee & Associates says

Summit Associates Inc. has landed a tenant for a nearly 89,000-square-foot industrial building in Edison, brokers with Lee & Associates – WBE New Jersey announced Thursday.