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
Rockefeller, PCCP sell Piscataway logistics building for $65.7 million

Rockefeller Group and PCCP LLC have sold a Piscataway distribution center for $65.7 million, their latest sale of a building within a 2.2 million-square-foot industrial development.

Industrial
Transwestern named leasing agent at 146,000 sq. ft. flex complex in Morris County

A landlord has tapped Transwestern Commercial Services as its broker for a nearly 150,000-square-foot flex industrial building in Cedar Knolls.

Top News
Hampshire announces new head of development

The Hampshire Cos. has named a new head of development, tapping one of its longtime professionals to spearhead its growing pipeline in New Jersey and nationally.

Industrial
Auto parts distributor, dealer takes 25,000 sq. ft. in Belleville

An automotive parts company has leased 25,000 square feet at a warehouse in Belleville, under a newly announced transaction by Team Resources Inc.

Industrial
Denholtz, natural gas supplier ink 11,000 sq. ft. lease at Orlando property

Denholtz Properties has completed a nearly 11,000-square-foot lease in Orlando with one of Florida’s largest suppliers of natural gas, the Red Bank-based firm said Tuesday.

Industrial
Hamilton flex portfolio trades for $19.5 million, Colliers says

A two-building, 120,000-square-foot flex portfolio in Hamilton has changed hands for $19.5 million, under a transaction arranged by Colliers International.

Industrial
Team Resources inks 79,000 sq. ft. renewal by furniture rental business in Secaucus

A furniture rental business has renewed its 79,000-square-foot lease at a Secaucus industrial building, in one of three newly announced transactions by Team Resources Inc.

Industrial
CBRE inks sale of 188,000 sq. ft. light industrial portfolio near I-295

A regional owner and operator has sold a two-building, 187,569-square-foot industrial portfolio in Moorestown, under a transaction arranged by brokers with CBRE.

Industrial
Logistics firm expands, takes 265,000 sq. ft. at Woodmont industrial building

Woodmont Industrial Partners has leased up a building in its out-of-state portfolio, landing a new 265,163-square-foot commitment at a distribution center outside Atlanta.

Industrial
Homestake, Harvestate launch 595-unit self-storage project in Winslow

A joint venture has broken ground on a new 595-unit self-storage facility in Winslow Township, under a partnership with the industry’s second-largest operator.