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
Investor adds 41,000 sq. ft. industrial asset in Bergen County, JLL says

A private investor has acquired a nearly 41,000-square-foot light industrial building in Oakland, brokers with JLL announced Tuesday.

Industrial
Footwear wholesaler takes 26,000 sq. ft. in Meadowlands

An international footwear wholesaler has leased more than 26,000 square feet of industrial space in Carlstadt, in one of two newly announced transactions by Team Resources Inc.

Industrial
Investors acquire 20,000 sq. ft. industrial building in Flemington, Remco says

A multitenant, 20,000-square-foot industrial building in Flemington has changed hands, following a recent transaction by Remco Realty Group.

Industrial
BRC: Pharmaceutical firm takes 14,500 sq. ft. in Middlesex

A pharmaceutical company is leasing more than 14,000 square feet of industrial space in Middlesex Borough, under a newly announced transaction by Bussel Realty Corp.

Industrial
Lee & Associates inks sale of 7,800 sq. ft. warehouse in Belleville

An investor has acquired a 7,800-square-foot warehouse in Belleville and the business that occupies the property, in a recently closed transaction by Lee & Associates.

Finance & Capital Markets
KRE details 8A warehouse project, $35 million construction loan

A joint venture has landed $35 million in financing to move ahead with a planned 382,400-square-foot warehouse project off Exit 8A of the New Jersey Turnpike.

Industrial
Denholtz, toy company ink 10,000 sq. ft. renewal in East Brunswick

A toy wholesaler is staying in place at a flex industrial complex in East Brunswick, where it occupies 10,000 square feet under a lease with Denholtz Properties.

Industrial
Freezer, cooler space in high demand in New Jersey, as users face a lack of supply

Demand for cold storage warehouse space nationwide, and particularly in the Garden State, is on fire, largely because of rising online fresh grocery sales and changing consumer preferences for fresher foods. Meeting that demand could prove challenging — given the cost and complexity of such projects and the need for specialization — but some developers are positioning themselves to be ready when users come calling.

Industrial
Sanzari, trimmings designer ink 21,000 sq. ft. lease in South Hackensack

A maker of trimmings for garments and other products has leased more than 21,000 square feet at a South Hackensack industrial building, Alfred Sanzari Enterprises said Wednesday.

Industrial
New Brunswick industrial building trades for $1.675 million

Bussel Realty Corp. has completed the sale of a 22,500-square-foot industrial property in New Brunswick, the brokerage firm announced Wednesday.