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
Logistics firm inks 96,000 sq. ft. sublease in Moonachie

A logistics firm for the fashion and lifestyle industry is taking more than 95,000 square feet of warehouse space in Moonachie, brokers with Team Resources Inc. announced.

Industrial
Investors acquire Elmwood Park industrial building

An investment group has acquired a 132,000-square-foot industrial building in Elmwood Park, in a newly completed transaction by Chaus Realty and America East Real Estate.

Industrial
Developer acquires site for 30,000 sq. ft. warehouse in Sparta

A developer has acquired two parcels in Sparta, where it will build a speculative 30,000-square-foot warehouse within a fast-growing industrial park.

Professional Services
Garibaldi adds veteran office, industrial broker to Chatham-based team

The Garibaldi Group has made another addition to its team, hiring a veteran New Jersey broker to specialize in office and industrial transactions.

Professional Services
Colliers International to acquire Red Bank-based Maser Consulting

Colliers International has agreed to acquire a controlling interest in Maser Consulting P.A., a Red Bank-based engineering and consulting design firm, in a bid to expand its line of services for clients in commercial real estate and other sectors.

Industrial
Lee & Associates: Sitex adds 25,000 sq. ft. industrial building in Englewood

Sitex Group has added to its northern New Jersey portfolio with the purchase of a 25,000-square-foot industrial property in Englewood, brokers with Lee & Associates announced.

Industrial
Medical marijuana dispensary acquires Vineland industrial building, NAI Mertz says

A medical marijuana company has acquired more than 50,000 square feet of industrial space in Vineland, brokers with NAI Mertz said, marking the operator’s first location in New Jersey.

Professional Services
As SIOR chapter president, Vetter looks to expand association’s profile in New Jersey

A veteran broker at NAI James E. Hanson has taken the reins as New Jersey chapter president of the Society of Industrial and Officer Realtors.

Industrial
Freight carrier takes 32,000 sq. ft. in Raritan Center, BRC says

A trucking company has leased more than 30,000 square feet of industrial space in Edison, under a newly completed transaction by Bussel Realty Corp.

Industrial
Camden County flex, industrial portfolio sells for $16 million, Colliers says

An investment group has paid more than $16 million to acquire a 21-building, 241,410-square-foot industrial portfolio in Camden County, brokers with Colliers International said Monday.