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
Lighting manufacturer takes 17,000 sq. ft. in Meadowlands

A manufacturer of LED lighting has leased 17,000 square feet of industrial space in East Rutherford, under a newly announced transaction by Chilmark Real Estate Services.

Industrial
Furniture, home décor giants take 1.82 million sq. ft. to lead Q1 industrial leasing

Two tenants leased a combined 1.82 million square feet in Cranbury during the first quarter, accounting for the top transactions year to date in New Jersey’s booming industrial market.

Industrial
BRC: Pallet company inks 42,000 sq. ft. lease in South Brunswick

A pallet provider has leased a 42,000-square-foot industrial building in South Brunswick, under a newly announced transaction by Bussel Realty Corp.

Industrial
Brooklyn firm acquires 150,000 sq. ft. industrial building in Bloomfield, Greiner-Maltz says

A metal manufacturer has acquired a 150,000-square-foot industrial building in Bloomfield, under a transaction arranged by Greiner-Maltz Real Estate.

Government & Public Policy
EDA unveils new loan program for brownfields cleanup, redevelopment

State officials have added a new financial tool for property owners seeking to clean up and redevelop contaminated sites in New Jersey.

Industrial
New Jersey project will be this year’s top industrial delivery, report says

The unrelenting demand for industrial space has fueled new construction across the country — and New Jersey is home to what will be the largest project of the year.

Industrial
Logistics firm inks 102,000 sq. ft. lease in Bridgewater, Zimmel says

A logistics firm has leased more than 100,000 square feet at a Bridgewater industrial building, in one of two newly announced deals by Zimmel Associates.

Industrial
Welding firm relocates, takes 6,600 sq. ft. in Camden County

A welding company is relocating its training center to a flex building in Pennsauken, following a nearly 6,600-square-foot lease arranged by Wolf Commercial Real Estate.

Industrial
HFF inks $8.5 million industrial sale in Hamilton

Matrix Development Group has sold another industrial building in the Exit 7A submarket, HFF announced, commanding $8.5 million for a 76,220-square-foot property in Hamilton.

Industrial
Stro announces new hires to support growing industrial footprint

The Stro Cos. has made three new hires to help support and expand its quickly growing portfolio.