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.

WCRE: Lawn care business takes 3,900 sq. ft. in Camden County

A newly built, 12,000-square-foot flex building in Voorhees is now fully occupied after a recent lease with a lawn care company, brokerage firm Wolf Commercial Real Estate said.

Joint venture sells 369,000 sq. ft. warehouse to LPT

Liberty Property Trust has acquired a single-tenant, 369,313-square-foot industrial building in Edison, in a transaction announced Friday by CBRE.

2018 REAL ESTATE MARKET FORECAST

With the state’s unemployment rate below 5.0 percent, employee recruitment and retention will remain top priorities for office occupiers in the coming year. Rather than remaining in outdated, inefficient workspaces, a growing chorus of companies will pursue relocations to upgraded, amenity-filled office buildings to aid in these efforts.

Q&A: Biggins discusses the success of incentives — and their role going forward

Jay Biggins, the executive managing director of Biggins Lacy Shapiro & Co., is a longtime expert in the field of incentives and has seen the evolution of the New Jersey’s programs firsthand.

Policy priorities: NAIOP New Jersey

Real Estate NJ set out to identify the biggest public policy issues for commercial real estate, as New Jersey begins a new legislative session and a new administration under Gov. Phil Murphy. Here are the issues identified by Michael McGuinness, CEO of NAIOP New Jersey.

Developer returns to Elizabeth, with a focus on the booming port region

Elberon Development Group has bolstered its portfolio in one of the state’s strongest industrial submarkets, while moving its headquarters back to where the company began a century ago.

CBRE touts 90,000 sq. ft. development opportunity in Lyndhurst

Brokers with CBRE are marketing a parcel in the heart of the Meadowlands, touting it as a prime location for a regional hub, headquarters or last-mile delivery center.

Stro inks 11,600 sq. ft. lease in Woodbridge with Brooklyn-based firm

The Stro Cos. has leased 11,600 square feet in Woodbridge to a Brooklyn-based firm that was seeking warehouse space for two of its business lines, the landlord said Tuesday.

Procida touts $69 million construction loan in Jersey City among 2017 highlights

A developer has repaid a nearly $70 million construction loan for a Jersey City condominium project, in one of several year-end highlights touted by Procida Funding.

Nursery furniture maker leases 32,000 sq. ft. in Edison

A business that makes furnishings for nurseries has leased 32,000 square feet at an Edison industrial building, brokerage firm Sheldon Gross Realty said Monday.