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
STRO, KRE acquire 4.8-acre low-coverage industrial property in Tampa

The STRO Cos. and KRE Group have completed their latest acquisition in Florida, buying a 4.8-acre site in Tampa that’s home to a 44,000-square-foot industrial building.

Industrial
Prologis, local officials unveil new 574,000 sq. ft. logistics facility in Gloucester County

Prologis Inc. has delivered more than 574,000 square feet of new industrial space in Gloucester County, adding to a footprint that includes nearly 200 facilities in New Jersey.

Industrial
Accordia grows Charlotte portfolio with 46,000 sq. ft. shallow-bay industrial deal

Accordia has made another acquisition outside New Jersey, adding more than 46,000 square feet of shallow-bay industrial space in suburban Charlotte, North Carolina.

Finance & Capital Markets
Owner of 100,000 sq. ft. Secaucus warehouse lands $15 million loan, G.S. Wilcox says

The owner of a single-tenant, 100,000-square-foot warehouse in Secaucus has secured $15 million in financing, in a deal arranged by G.S. Wilcox & Co.

Industrial
Circulate NJ welcomes Solar Landscape, Casdale Energy Cost Management as newest members

Solar Landscape and Casdale Energy Cost Management have joined Circulate NJ, adding to the business coalition’s roster of top players in New Jersey’s industrial real estate sector.

Industrial
IPRG: Longpoint buys 33,000 sq. ft. Hillside warehouse from longtime owner-occupier

Longpoint Realty Partners has acquired more than 32,000 square feet of warehouse space just south of Interstate 78 in Hillside, in a transaction arranged by IPRG.

Industrial
Velocity revives Gloucester County small-bay park with key upgrades, 85,000 sq. ft. in leasing

Velocity Venture Partners LLC has brought a Gloucester County industrial park to full occupancy after a multimillion-dollar renovation and some 85,000 square feet of leasing activity.

Industrial
Denholtz enters South Carolina with purchase of three-building, 98,000 sq. ft. flex portfolio

Denholtz has acquired more than 98,000 square feet of flex industrial space in Columbia, South Carolina, marking its first acquisition in the state and its latest in the Southeast.

Industrial
SL Industrial Partners adds 294,000 sq. ft. industrial facility in North Carolina

SL Industrial Partners has acquired a nearly 294,000-square-foot distribution facility in Greensboro, North Carolina, adding to its holdings outside its home state of New Jersey.

Industrial
Brookfield lands 104,000 sq. ft. tenant for new Elizabeth industrial campus, Blau & Berg says

Brookfield Properties has found its first tenant for a new industrial campus in Elizabeth, securing a full-building lease for nearly 104,000 square feet in the highly valued port submarket.