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
IDI promotes Breaux to chief strategy officer, east region executive vice president

IDI Logistics’ top executive on the East Coast is now the firm’s chief strategy officer after being promoted by the Atlanta-based industrial developer.

Industrial
Freight, logistics firm takes 68,000 sq. ft. at Secaucus industrial building, C&W says

A freight and logistics company has leased nearly 68,000 square feet of industrial space in Secaucus, in a newly announced deal by Cushman & Wakefield.

Industrial
Greek Development rebrands amid growing platform, third-party service offerings

Greek Development is now Greek Real Estate Partners, as the firm looks to highlight its growing selection of third-party services beyond its own portfolio of industrial buildings.

Industrial
Door manufacturer inks full-building, 65,000 sq. ft. industrial lease in Bayonne, BRC says

A door maker has taken more than 65,000 square feet of industrial space as part of a newly completed, full-building lease in Bayonne, brokers with Bussel Realty Corp. announced.

Industrial
Mertz: Bolt maker for aerospace industry buys 60,000 sq. ft. Pennsauken industrial building

The longtime tenant at a Pennsauken industrial building has acquired the 60,000-square-foot facility for $4.25 million, in a newly announced deal by NAI Mertz.

Industrial
CBRE: Cold storage user, longtime tenant at Kearny Point, renews for 228,000 sq. ft.

A cold storage warehousing company has signed a lease renewal at the Kearny Point Industrial Park, where it occupies nearly 230,000 square feet under a deal with Hugo Neu.

Finance & Capital Markets
Criterion Group, Columbia Pacific ink $132 million refi for outdoor storage portfolio

A joint venture has refinanced a nine-state, 22-property portfolio of industrial outdoor storage parcels for more than $132 million, in a newly announced deal by JLL.

Technology
Solar Landscape, Public Storage to build community solar on 133 buildings in three states

Solar Landscape, the rooftop solar developer based in Asbury Park, has inked a sweeping deal that will bring its installations to more than 130 Public Storage properties in three states.

Professional Services
Foundational strength: Organic growth, key acquisitions have fueled GZA’s rapid rise in New Jersey

GZA GeoEnvironmental Inc. has followed a strategy of steady, organic growth and key acquisitions in New Jersey that have strengthened both its foothold and its technical prowess in the region, where it has grown from 40 professionals in 2017 to nearly 120 today.

People
Larken taps longtime residential leasing agent for new post with commercial team

Larken Associates has announced a new addition to Raider Realty, its in-house commercial brokerage division, tapping a longtime member of its residential team for the post.