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
Iron Hill: Construction set to begin for 122,000 sq. ft. Link Logistics warehouse in Parsippany

Iron Hill Construction Management has broken ground on a nearly 122,000-square-foot warehouse in Parsippany, where Link Logistics is repurposing a former vacant office property.

Industrial
Avison Young: Libiao Robotics takes 8,000 sq. ft. in Hillsborough for new U.S. showroom

A robotics company has leased 8,000 square feet of industrial space in Hillsborough for its first U.S. showroom, in a newly announced deal by Avison Young.

Industrial
Thor acquires 18-building, 580,000 sq. ft. Bridgewater industrial park for $111 million

Thor Equities has made a major addition to its New Jersey industrial holdings, acquiring a portfolio of more than 580,000 square feet in Bridgewater for $111 million.

Industrial
LEG, ramping firm ink 109,000 sq. ft. lease at new Rockland County logistics center

Lincoln Equities Group has found its first tenant for a new industrial building in Rockland County, leasing more than 109,000 square feet to a residential and commercial ramping firm.

Industrial
Charity Realty: Three-acre industrial site in Roxbury trades for $850,000

The longtime tenant at a three-acre industrial site in Roxbury has acquired the property for $850,000, in a newly announced deal by Charity Realty International.

Industrial
STRO, KRE acquire 4.8-acre low-coverage industrial property in Tampa

The STRO Cos. and KRE Group have completed their latest acquisition in Florida, buying a 4.8-acre site in Tampa that’s home to a 44,000-square-foot industrial building.

Industrial
Prologis, local officials unveil new 574,000 sq. ft. logistics facility in Gloucester County

Prologis Inc. has delivered more than 574,000 square feet of new industrial space in Gloucester County, adding to a footprint that includes nearly 200 facilities in New Jersey.

Industrial
Accordia grows Charlotte portfolio with 46,000 sq. ft. shallow-bay industrial deal

Accordia has made another acquisition outside New Jersey, adding more than 46,000 square feet of shallow-bay industrial space in suburban Charlotte, North Carolina.

Finance & Capital Markets
Owner of 100,000 sq. ft. Secaucus warehouse lands $15 million loan, G.S. Wilcox says

The owner of a single-tenant, 100,000-square-foot warehouse in Secaucus has secured $15 million in financing, in a deal arranged by G.S. Wilcox & Co.

Industrial
Circulate NJ welcomes Solar Landscape, Casdale Energy Cost Management as newest members

Solar Landscape and Casdale Energy Cost Management have joined Circulate NJ, adding to the business coalition’s roster of top players in New Jersey’s industrial real estate sector.