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
New Jersey slated for third-largest expansion of industrial space this year, report says

With modern logistics space still in short supply across the country, northern New Jersey will be among the top three markets this year to expand its stock of industrial buildings.

Events
IOREBA postpones Developer Night to late April

IOREBA has tentatively rescheduled its popular Developer Night event to April 27.

Industrial
NAI Hanson: Industrial tenants lease 87,000 sq. ft. in South Hackensack

The owner of a South Hackensack industrial building has inked three leases for a total of nearly 87,000 square feet, brokers with NAI James E. Hanson announced Tuesday.

Industrial
Seagis completes new leases in Linden, Carteret, BRC says

Three tenants have combined to lease more than 30,000 square feet of industrial space in Linden and Carteret, taking space at buildings owned by Seagis Property Group.

Industrial
Logistics firm inks 96,000 sq. ft. sublease in Moonachie

A logistics firm for the fashion and lifestyle industry is taking more than 95,000 square feet of warehouse space in Moonachie, brokers with Team Resources Inc. announced.

Industrial
Investors acquire Elmwood Park industrial building

An investment group has acquired a 132,000-square-foot industrial building in Elmwood Park, in a newly completed transaction by Chaus Realty and America East Real Estate.

Industrial
Developer acquires site for 30,000 sq. ft. warehouse in Sparta

A developer has acquired two parcels in Sparta, where it will build a speculative 30,000-square-foot warehouse within a fast-growing industrial park.

Professional Services
Garibaldi adds veteran office, industrial broker to Chatham-based team

The Garibaldi Group has made another addition to its team, hiring a veteran New Jersey broker to specialize in office and industrial transactions.

Professional Services
Colliers International to acquire Red Bank-based Maser Consulting

Colliers International has agreed to acquire a controlling interest in Maser Consulting P.A., a Red Bank-based engineering and consulting design firm, in a bid to expand its line of services for clients in commercial real estate and other sectors.

Industrial
Lee & Associates: Sitex adds 25,000 sq. ft. industrial building in Englewood

Sitex Group has added to its northern New Jersey portfolio with the purchase of a 25,000-square-foot industrial property in Englewood, brokers with Lee & Associates announced.