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
CenterPoint adds Newark development site, plans 186,000 sq. ft. industrial project

CenterPoint Properties has acquired a nearly 13-acre development site in Newark, where it’s now planning more than 180,000 square feet of logistics space minutes from Port-Newark Elizabeth.

Industrial
Rockefeller touts $60 million sale of new Piscataway industrial building

Rockefeller Group is detailing the sale of a nearly 400,000-square-foot building within its new Piscataway industrial park, touting the deal as a sign of diversification within the asset class.

Industrial
Advance names new managing director of industrial development

A former Prologis executive has joined Advance Realty Investors to spearhead the firm’s pipeline of industrial projects.

Professional Services
GZA names new principal in New Jersey among recent promotions

GZA GeoEnvironmental Inc. has named a new principal in New Jersey, in one of three newly announced promotions for the professional services firm.

Industrial
Treetop adds 120,000 sq. ft. industrial building in Freehold

A developer and investor has acquired a nearly 120,000-square-foot warehouse in Freehold, its second industrial deal in two months, in a newly announced transaction by CBRE.

Industrial
CenterPoint taps new senior VP for development for east region

CenterPoint Properties has named a new lead development executive on the East Coast, a position whose focus will include growing the firm’s presence in New Jersey.

Events
NAIOP highlights standouts in service, advocacy at annual awards dinner

Commercial real estate leaders came together on Monday to honor a group of top advocates and service professionals, touting their work in public policy and in shaping the industry’s future.

Industrial
BRC inks 27,000 sq. ft. industrial lease in Union

An industrial user has agreed to lease more than 27,000 square feet in Union, under a newly announced transaction by Bussel Realty Corp.

Industrial
Box maker inks 32,000 sq. ft. sublease in Saddle Brook, Team Resources says

A manufacturer based in Bergen County has subleased 32,000 square feet at a nearby warehouse, brokers with Team Resources Inc. announced last week.

Industrial
Local officials, Arizona executives open 621,000 sq. ft. bottling plant in Woodbridge

Arizona Beverage Co. has opened the doors to a new 621,000-square-foot production, manufacturing and bottling facility in Woodbridge.