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
Merchandiser takes 23,000 sq. ft. at Moonachie warehouse

A high-end wholesale merchandiser has leased 23,000 square feet of warehouse space in Bergen County, under a newly announced transaction by Team Resources Inc.

Industrial
Stro, NAI Hanson tout 28,000 sq. ft. industrial lease in Elmwood Park

A kosher foods distributor has leased 27,600 square feet at a flex industrial building in Elmwood Park, brokers with NAI James E. Hanson announced.

Industrial
BRC touts new industrial leases in Linden, Carteret

A dollar store distributor has leased 31,000 square feet of industrial space in Linden, in the largest of several newly announced transactions by Bussel Realty Corp.

Industrial
Investor sells 130,000 sq. ft. industrial portfolio in Pennsauken, Colliers says

A private investor has acquired a five-building, 130,435-square-foot industrial portfolio in Pennsauken, brokers with Colliers International announced Monday.

Industrial
Team Resources inks 10,000 sq. ft. warehouse leases in South Hackensack, Teterboro

A floral design company is expanding with a recent 10,000-square-foot industrial lease in South Hackensack, according to brokers with Team Resources Inc.

Finance & Capital Markets
JLL sources $11 million loan for Totowa data center

Russo Development has secured $11 million in financing for a single-tenant data center in Totowa, in a newly completed transaction by JLL.

Professional Services
Newmark Associates touts two promotions on brokerage team

By Joshua Burd Newmark Associates has announced promotions for two of its top producers this year. The firm, which is based in Cedar Knolls, has promoted Charles Ritschel to vice president, a move that coincides with him earning Newmark’s award…

Industrial
Manufacturer takes nearly 32,000 sq. ft. in Saddle Brook

A maker of plastic products has leased more than 30,000 square feet of industrial space in Saddle Brook, brokers with NAI James E. Hanson announced Wednesday.

Industrial
Team Resources inks 23,000 sq. ft. lease in Moonachie

A wholesale merchandiser has signed a full-building lease at a 23,000-square-foot warehouse in Moonachie, under a newly announced transaction by Team Resources Inc.

Industrial
Rockefeller breaks ground on 900,000 sq. ft. spec distribution center in Edison

Rockefeller Group has started construction on a 900,022-square-foot distribution center in Edison, where it is redeveloping the former site of an ExxonMobil research campus.