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
CBRE: Developer lures e-commerce giant to Jersey City logistics project, its first in N.J.

A developer has landed a major tenant at its first New Jersey industrial project, inking a full-building lease in Jersey City with what it described as a global e-commerce company.

Health Care & Education
NAI Hanson inks sale of Hunterdon flex building slated for rehab facility

A psychiatrist has acquired a 7,800-square-foot industrial flex building in Hunterdon County, with plans to build out the property as a residential addiction rehabilitation facility.

Industrial
Perfume plant in Keyport fetches $5 million, Sheldon Gross says

A perfume company has sold its nearly 75,000-square-foot manufacturing plant in Keyport, under a newly completed transaction by Sheldon Gross Realty.

Industrial
Cross-dock warehouse in Meadowlands on the market for sale, Meridian says

The owner of a Meadowlands warehouse with major expansion potential is seeking a buyer for the property, in a newly announced offering by Meridian Capital Group.

Industrial
CBRE: Home appliance maker takes 66,000 sq. ft. at new Piscataway industrial building

An appliance manufacturer has leased more than 65,000 square feet at a newly built warehouse in Piscataway, under a transaction arranged by CBRE.

Industrial
NAI Hanson inks sale of 19,000 sq. ft. Randolph industrial building

A private estate has sold a nearly 19,000-square-foot industrial building in Morris County, according to brokers with NAI James E. Hanson.

People
Denholtz adds first-ever director of development among newest hires

Denholtz Properties has bolstered its in-house development and construction teams with three new hires, as it looks to manage and grow its pipeline of projects in the region.

Industrial
C&W: Advance, Greek land $103 million financing package for Logan industrial park

A development team has secured more than $100 million in financing for the first two buildings in a planned 3.2 million-square-foot industrial park in Gloucester County.

Industrial
Saddleback, fulfillment business ink 32,500 sq. ft. lease in Fairfield

Saddleback Real Estate Developers has completed a new lease at a warehouse in Fairfield, securing a 32,500-square-foot commitment from an e-commerce fulfillment company.

Industrial
Union Township warehouse fetches $3.25 million, Boniakowski says

A nearly 21,000-square-foot industrial building in Union Township has changed hands for $3.25 million, in a transaction by The Boniakowski Commercial Real Estate Group.