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.

Key Properties renews 34,000 sq. ft. industrial lease in Carlstadt

A flooring specialties distributor has renewed its 34,000-square-foot lease at a Bergen County industrial building, according to landlord Key Properties LLC.

Matrix, Amazon ink deal for 855,000 sq. ft. facility in Staten Island

Matrix Development Group’s move into Staten Island has led to a deal with Amazon, which announced it will open a new 855,000-square-fulfillment center at the developer’s new industrial complex in the New York City borough.

CBRE: 71,000 sq. ft. food facility trades in Carteret

A food production and distribution facility in Carteret has changed hands as part of a two-state, three-building sale-leaseback transaction announced Wednesday by CBRE.

NAI Hanson: E-commerce distributor moving to Secaucus from Jersey City

An e-commerce distribution firm has leased nearly 18,000 square feet at a Secaucus industrial building, according to brokers with NAI James E. Hanson who arranged the transaction.

What is the role of technology, creativity and innovation in New Jersey’s surging industrial market?

We assembled a panel of industry experts to tackle this month’s Roundtable question. Here’s what they had to say.

Furniture distributor takes 42,000 sq. ft. in Bergen County, Team Resources says

A furniture distribution company has leased nearly 42,000 square feet at a Fairview industrial building, in one of three recent transactions announced by Team Resources Inc.

NAI Hanson: Morris County industrial building draws investor interest

An investor has acquired a 157,822-square-foot industrial building in Flanders, just months after a logistics firm signed a seven-year lease extension for the entire space.

With a state government in transition, let’s build on our progress

As we prepare for the next governor and potential changes in the Legislature, it is important to recognize what New Jersey has accomplished in the last several years, continue this momentum and support these programs and initiatives. Our economy is certainly getting better, based on all the construction taking place and today’s low unemployment rate. Affordability and stagnant wages, however, remain challenges to many and are a big reason why a huge proportion of millennials are still living at home with their parents. Without immigration, our population would be dwindling.

Englewood business park sees 30,000 sq. ft. in leasing, NAI Hanson says

The owner of an industrial and flex park in Englewood has inked 20,000 square feet in leasing activity, in a series of transactions brokered by NAI James E. Hanson.

Oils, fragrance supplier debuts solar array at Carteret HQ

A global distributor of essential oils and aromatic chemicals has unveiled a new 200,000-square-foot solar array at its headquarters facility in Carteret, the firm announced recently.