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.

Professional Services
SIOR NJ highlights top industrial, office deals from 2018

The Society of Industrial and Office Realtors’ New Jersey chapter presented its annual largest deal awards last week, showcasing some of the industry’s top transactions of 2018.

Industrial
With opportunities scarce, deal volume slows for New Jersey industrial sales

The struggle continues for investors looking to buy industrial properties in New Jersey, where prices remain high but sales volume remains low compared to other major markets.

Industrial
Logistics firm inks 138,000 sq. ft. lease at Port Authority warehouse in Elizabeth

The Port Authority of New York and New Jersey has leased 138,000 square feet in Elizabeth to a logistics firm, under a newly announced transaction by The Blau & Berg Co.

Industrial
Team Resources: HVAC supplier leases 11,000 sq. ft. in Lodi

A supplier of HVAC equipment and parts has leased 11,000 square feet in Lodi, in one of several recent Bergen County deals by Team Resources Inc.

Industrial
C&W: Logistics firm inks $51.5 million in financing for North Bergen complex

A logistics operator has landed $51.5 million to refinance two loans and expand beyond its 730,000-square-foot complex in North Bergen, in a deal arranged by Cushman & Wakefield.

Industrial
Bedding maker takes 66,000 sq. ft. in Wood-Ridge, Team Resources says

A bedding products company has leased nearly 66,000 square feet at a Wood-Ridge industrial building, in a transaction arranged by Team Resources Inc.

Industrial
BRC: Food logistics firm relocates, leases 37,000 sq. ft. in Rahway

An industrial user has taken more than 37,000 square feet in Rahway, brokers with Bussel Realty Corp. announced Thursday.

Finance & Capital Markets
Investor lands $41 million acquisition loan for 768,000 sq. ft. portfolio in Warren, Somerset

The buyer of a seven-building, 768,244-square-foot portfolio in Somerset County has secured $41 million in financing, brokers with Cushman & Wakefield announced Tuesday.

Industrial
Connors inks 30,000 sq. ft. renewal at Hudson County warehouse

The owner of a 30,000-square-foot industrial building in North Bergen has completed a renewal at the property, The William F. Connors Agency announced Monday.

Industrial
Colliers brokers 177,000 sq. ft. industrial sale in Robbinsville

Another Robbinsville industrial building has changed hands after the sale of a 177,000-square-foot complex along Route 130, brokers with Colliers International announced Friday.