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

C&W marketing 90,000 sq. ft. industrial building in Somerset County

An industrial building in Somerset County has hit the market for sale or lease, brokers with Cushman & Wakefield announced Thursday.

Industrial

CBRE: Appetite for new logistics space in New Jersey among nation’s strongest

Vacancy at newly delivered industrial buildings in New Jersey was among the lowest in the nation in 2019, in yet another sign of the ongoing demand for modern logistics space.

Industrial

Trucking firm takes 58,000 sq. ft. at Edison industrial building

A trucking company has leased nearly 60,000 square feet at an Edison industrial building, under a newly announced transaction by Bussel Realty Corp.

Industrial

Denholtz touts new leases, renewals at Toms River business park

Nine tenants have combined to lease more than 15,000 square feet at a business park in Toms River, under a series of transactions by Denholtz Properties.

It’s full steam ahead for New Jersey’s industrial market

The New Jersey industrial real estate market has been a model of consistency for the past three years. So, it should come as no surprise that the market had another strong performance to close out the decade, as healthy demand for large blocks of space helped keep absorption positive for the 28th consecutive quarter.

Deals

Organic food distributor takes 83,000 sq. ft. in Moonachie

A food distributor has leased 83,000 square feet at a Moonachie commercial building, under one of several recent transactions by Resource Realty of Northern New Jersey.

Industrial

Morris County industrial building trades for $5.65 million

An investment firm has acquired a nearly 50,000-square-foot industrial building in Randolph, under a newly announced transaction by Team Resources Inc.

Industrial

Pennsauken industrial building, storage lot sell for $1 million

A trucking and logistics firm has acquired more than 4,000 square feet of industrial space and three adjacent acres in Pennsauken, in a transaction arranged by Markeim Chalmers Inc.