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

Saddleback inks sale of Morris County warehouse after two-year turnaround

Saddleback Real Estate Developers has completed the sale of a newly renovated, 73,500-square-foot warehouse in the Flanders section of Mount Olive.

Industrial

Redevelopment bringing 174,000 sq. ft. of new industrial space to Camden County

A developer is bringing more than 170,000 square feet of new industrial space to Camden County, in a project that’s now being marketed by Colliers International.

Finance & Capital Markets

JLL: Monmouth County industrial buyer secures $10.7 million in debt, equity

The buyer of a 129,600-square-foot industrial building in Monmouth County has landed nearly $11 million in financing and equity for the acquisition, brokers with JLL announced Monday.

Woodmont honored as top New Jersey workplace

Woodmont Properties has earned recognition as a top employer in New Jersey as part of an employee engagement survey conducted by a statewide media outlet.

Industrial

NAI Hanson: Trucking firm takes 50,000 sq. ft. in Elizabeth industrial deal

A trucking and logistics business is subleasing nearly 50,000 square feet at an Elizabeth industrial building, according to brokers with NAI James E. Hanson.

Industrial

Flooring business takes 20,000 sq. ft. in Fairfield, KenKap says

A carpet company has committed to 20,000 square feet at a Fairfield industrial building, under a newly announced transaction by KenKap Realty Corp.

Industrial

I.CON panel: Industrial values holding strong, despite post-COVID uncertainty

Industrial space remains a coveted asset class for investors, despite questions about short-term rent growth and other uncertainties in the wake of the coronavirus crisis.

Industrial

Amazon opening 14 new last-mile ‘delivery stations’ in New Jersey

Amazon is adding to its already-vast footprint in New Jersey, announcing plans for 14 new locations geared toward the last mile of its fulfillment process.

Industrial

Larken inks 25,000 sq. ft. in leasing at Hillsborough business park

Larken Associates is touting new activity at a sprawling business park in Hillsborough, where six tenants have combined to lease more than 25,000 square feet.

Events

Industrial market’s strength on display as NAIOP kicks off virtual conference

More than 1,000 industry professionals have registered for this week’s I.CON event, NAIOP’s flagship conference for the industrial sector, despite its move this year to a virtual format. And with an industry that appears to be as bullish as ever, organizers believe they can still deliver the kind of experience and value that attendees have to come to expect from the annual gathering.