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
South Brunswick industrial building sells for $13.1 million, Atlantic says

A maker of consumer electronics accessories has acquired a South Brunswick warehouse for more than $13.1 million, in one of several new transactions by Atlantic Real Estate Services.

Industrial
Metuchen industrial building fetches $1.67 million, BRC says

A tile and home décor business has acquired a nearly 14,000-square-foot industrial building in Metuchen, in a newly announced transaction by Bussel Realty Corp.

Professional Services
NAI DiLeo-Bram names new marketing coordinator

NAI DiLeo-Bram & Co. has made a new hire on its in-house marketing team, bringing added support to its growing roster of service providers.

Industrial
Matrix inks new 975,000 sq. ft. lease with Amazon, filling Staten Island industrial park

Fresh off another deal with Amazon, Matrix Development Group is hailing the lease-up of a 3.5 million-square-foot logistics park in Staten Island, where it broke ground four years ago as it pushed the boundaries of New Jersey’s booming industrial market.

Professional Services
Newmark announces rebrand, reflecting enhanced commercial real estate platform

Newmark Group has shortened the name of its flagship commercial real estate business, announcing a rebrand that it says reflects its rapid growth and the evolution of its platform.

Industrial
Fashion supplier acquires 23,000 sq. ft. warehouse in Hackensack, Equity says

A fashion supplier has acquired a Hackensack industrial building for more than $3 million, in a   deal that comes less than six months after it signed a lease at the property.

Industrial
Boniakowski inks 11,000 sq. ft. flex lease in Middlesex

A growing toy company has leased an 11,000-square-foot flex building in Middlesex Borough, under a newly announced transaction by The Boniakowski Commercial Real Estate Group.

Top News
Sanzari family foundation awards $30,000 in grants to five North Jersey organizations

The Alfred N. Sanzari Family Foundation has awarded $30,000 under a new grant program, supporting five local organizations that are continuing to serve through the pandemic.

Professional Services
Service firms launch site selection, consulting platform for life sciences facilities

Three companies have joined forces to provide facilities planning, design and site selection services for life sciences and biopharmaceutical firms, with a focus on helping clients streamline their supply chains and physical footprint in a quickly changing industry.

Professional Services
How CBRE webinar series became a pandemic staple — and a valuable tool going forward

CBRE’s tristate capital markets team has stayed connected with clients and colleagues throughout the pandemic, thanks to a series of webinars and virtual programs that have drawn thousands of viewers since the earliest days of the crisis in the U.S.