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.

Finance & Capital Markets
Northern New Jersey among top 10 markets for net-lease investment, CBRE says

Net-lease investment is on the rise in the U.S., with northern New Jersey remaining a key target for buyers of industrial property and other commercial asset classes.

Industrial
CBRE: New York Life, logistics firm ink 250,000 sq. ft. lease in Edison

A logistics firm is leasing nearly 250,000 square feet of industrial space in Edison, under a newly announced transaction by CBRE.

Industrial
BRC: Lighting company takes 13,000 sq. ft. in Piscataway

A lighting company has leased nearly 13,000 square feet of industrial space in Piscataway, in the largest of three newly announced transactions by Bussel Realty Corp.

Professional Services
CBRE promotes Philadelphia, New Jersey investment sales broker to vice chairman

A veteran investment sales broker in CBRE’s New Jersey and Philadelphia markets has earned a promotion to vice chairman, the highest title for producers within the company.

Industrial
NAI Hanson: Blackstone industrial platform adds 130,000 sq. ft. building in North Bergen

Blackstone has added to its New Jersey holdings with the acquisition of a 130,000-square-foot industrial building in North Bergen, brokers with NAI James E. Hanson announced.

Industrial
JLL inks $19.4 million sale of CBS Broadcasting building in Metropark

A newly renovated light industrial building within the Metropark section of Woodbridge has changed hands, following a $19.35 million transaction arranged by JLL.

Industrial
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Editor’s note: This story has been removed. We apologize for any inconvenience. 

Industrial
Matrix, drug manufacturer ink 233,000 sq. ft. lease in Cranbury

A pharmaceutical manufacturer has signed a full-building, 233,000-square-foot lease at a Matrix Development Group industrial complex in Cranbury, Cushman & Wakefield announced.

Industrial
Denholtz completes 16,000 sq. ft. flex lease in Bridgewater

A new tenant is coming to Denholtz Properties’ 17-building business park in Somerset County, where it has inked a lease for more than 16,000 square feet of flex industrial space.

Deals
Eatontown flex building fetches $11.6 million, Resource Realty says

An affiliate of Denholtz Properties has acquired a roughly 110,000-square-foot commercial building in Eatontown, in one of several newly announced deals by Resource Realty.