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
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.

Industrial
Saddleback, construction supplier ink 5,000 sq. ft. lease in Fairfield

Saddleback Real Estate Developers has completed a new 5,000-square-foot lease in Fairfield with a construction supplier, the investment and development firm said Friday.

Finance & Capital Markets
Tulfra secures $11.7 million loan for warehouse, self-storage project in West Caldwell

Tulfra Real Estate has landed $11.7 million in financing for a repurposed industrial property in West Caldwell, where it recently inked a long-term, 68,000-square-foot lease and is now building a 760-unit self-storage facility.

Industrial
Vehicle shipping firm to operate Tesla warehouse in Kenilworth, Blau & Berg says

A property in Kenilworth will serve as a warehouse and shipping point for Tesla vehicles after a newly completed, 14,100-square-foot lease announced by The Blau & Berg Co.

Industrial
North Jersey industrial properties included in six-state, $183 million portfolio sale

Six industrial properties in northern New Jersey have changed hands as part of a six-state, $183 million portfolio sale announced Tuesday by Mandelbaum Salsburg P.C.