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
Greek, fitness operator ink 2,400 sq. ft. warehouse lease in East Brunswick

A fitness operator is among the latest tenants at an East Brunswick industrial park, where it’s taking more than 2,400 square feet under a lease with Greek Development.

Professional Services
Blau & Berg broker promoted to senior director

The Blau & Berg Co. has announced the promotion of a broker specializing in supply chain and logistics-related properties.

Industrial
CBRE brokerage team touts $1.1 billion in New Jersey investment sales in 2019

A regional brokerage team with CBRE is hailing more than $1 billion in sales in 2019, highlighted by the $151.2 million trade of a nearly 320,000-square-foot logistics center in Secaucus.

Industrial
CBRE inks $4.7 million sale of North Jersey flex, industrial portfolio

A family estate has sold a four-building, 95,000-square-foot industrial and flex portfolio in northern New Jersey, under a newly announced transaction by CBRE.

Industrial
Treetop adds second Freehold industrial building, plans 200,000 sq. ft. redevelopment

Treetop Development has added its fourth industrial building in recent months, acquiring a nearly 155,000-square-foot complex in Freehold that it now plans to redevelop.

Industrial
NAI Hanson: Lighting firm acquires South Hackensack building, relocating from NYC

A lighting company is relocating from Manhattan after acquiring a 20,000-square-foot industrial building in South Hackensack, in a newly announced deal by NAI James E. Hanson.

Industrial
Investors acquire 149,000 sq. ft. Meadowlands property, CBRE says

An investment group has closed on its purchase of a 149,000-square-foot commercial property in Secaucus, in a newly completed transaction by CBRE.

Industrial
NAI Hanson: Three new tenants coming to Newark industrial complex

Three tenants have combined to lease more than 36,000 square feet at a sprawling industrial complex in Newark, under a series of deals by NAI James E. Hanson.

Professional Services
Team Resources broker promoted to vice president

Team Resources Inc. has promoted one of its brokers to vice president, the Lyndhurst-based commercial real estate agency announced this week.

Industrial
JLL: With demand unrelenting, ‘banner’ Q4 sets up blockbuster year for N.J. industrial market

E-commerce users led the charge in fourth-quarter industrial leasing in New Jersey, setting up what could be another record-setting year for owners and developers of logistics space.