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
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.

Industrial
Sleep products maker, distributor takes 80,000 sq. ft. in New Brunswick

A bedding products manufacturer has leased 80,000 square feet at a New Brunswick industrial building, in a newly announced transaction by Bussel Realty Corp.

Industrial
Big-box demand ‘unabated’ in still-strong industrial market, C&W says

Industrial leasing in New Jersey saw a sizable uptick in the first quarter, thanks in large part to new construction and continued demand from e-commerce and logistics users.

Industrial
Rockefeller, PCCP ink 1 million sq. ft. sale at Piscataway logistics hub

Rockefeller Group and a joint venture partner, PCCP LLC, have sold two newly completed buildings in a planned 2.1 million-square-foot logistics park in Piscataway, including a 725,000-square-foot distribution center for Best Buy.

Industrial
Camber, Advance acquire 400,000-square-foot light industrial complex in Mahwah

A joint venture has added to its portfolio of light industrial buildings with the acquisition of a three-building, 400,000-square-foot industrial complex in Mahwah.

Industrial
Value-add Meadowlands warehouse sells for $7.8 million, HFF says

An investment group has acquired a nearly 72,000-square-foot industrial building in Carlstadt, under a $7.77 million sale arranged by HFF.