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.

Event Coverage
NAIOP reveals gala honorees during 2018 kickoff event

Jon F. Hanson of The Hampshire Cos. will be among the top honorees this spring at NAIOP New Jersey’s annual awards gala, headlining a list of influencers and key industry players.

Professional Services
GZA acquires engineering firm Melick-Tully, growing N.J. footprint

Consulting firm GZA GeoEnvironmental Inc. has expanded its presence in New Jersey with the acquisition of Melick-Tully and Associates P.C., a Somerset County-based practice.

Industrial
WCRE: Lawn care business takes 3,900 sq. ft. in Camden County

A newly built, 12,000-square-foot flex building in Voorhees is now fully occupied after a recent lease with a lawn care company, brokerage firm Wolf Commercial Real Estate said.

Industrial
Joint venture sells 369,000 sq. ft. warehouse to LPT

Liberty Property Trust has acquired a single-tenant, 369,313-square-foot industrial building in Edison, in a transaction announced Friday by CBRE.

Sponsored Content
2018 REAL ESTATE MARKET FORECAST

With the state’s unemployment rate below 5.0 percent, employee recruitment and retention will remain top priorities for office occupiers in the coming year. Rather than remaining in outdated, inefficient workspaces, a growing chorus of companies will pursue relocations to upgraded, amenity-filled office buildings to aid in these efforts.

Personalities
Q&A: Biggins discusses the success of incentives — and their role going forward

Jay Biggins, the executive managing director of Biggins Lacy Shapiro & Co., is a longtime expert in the field of incentives and has seen the evolution of the New Jersey’s programs firsthand.

Government & Public Policy
Policy priorities: NAIOP New Jersey

Real Estate NJ set out to identify the biggest public policy issues for commercial real estate, as New Jersey begins a new legislative session and a new administration under Gov. Phil Murphy. Here are the issues identified by Michael McGuinness, CEO of NAIOP New Jersey.

Industrial
Developer returns to Elizabeth, with a focus on the booming port region

Elberon Development Group has bolstered its portfolio in one of the state’s strongest industrial submarkets, while moving its headquarters back to where the company began a century ago.

Industrial
CBRE touts 90,000 sq. ft. development opportunity in Lyndhurst

Brokers with CBRE are marketing a parcel in the heart of the Meadowlands, touting it as a prime location for a regional hub, headquarters or last-mile delivery center.

Industrial
Stro inks 11,600 sq. ft. lease in Woodbridge with Brooklyn-based firm

The Stro Cos. has leased 11,600 square feet in Woodbridge to a Brooklyn-based firm that was seeking warehouse space for two of its business lines, the landlord said Tuesday.