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
Linden industrial building fetches $5.8 million, BRC says

The longtime owner of a nearly 75,000-square-foot industrial building in Linden has sold the property for $5.8 million, brokers with Bussel Realty Corp. said Wednesday.

Industrial
Seagis touts four North Jersey warehouse acquisitions totaling 274,000 sq. ft.

Seagis Property Group has expanded its portfolio in northern New Jersey with the addition of four warehouses with a combined 274,000 square feet.

Industrial
CBRE: Growing online grocery sales could benefit New Jersey, a top 10 market for cold storage

With the growth of online grocery sales projected to continue, a new report says New Jersey is well-positioned to capture the continued need for cold storage space.

Industrial
LEG: Vertical construction for major Bayonne logistics park to start in 2020

Lincoln Equities Group is on track to begin vertical construction next year for more than 1 million square feet of new industrial space along the Bayonne waterfront.

Industrial
BRC: Contractor closes on 4,500 sq. ft. industrial building in Englishtown

A construction firm has acquired a nearly 4,500-square-foot industrial building in Englishtown, under a newly announced transaction by Bussel Realty Corp.

Industrial
NAI Hanson named leasing agent at new-look, 807,000 sq. ft. industrial complex in Newark

An investment group has hired NAI James E. Hanson as its leasing agent for more than 800,000 square feet of Newark industrial space, following the launch of a multimillion-dollar improvement project aimed at modernizing the well-known complex.

Industrial
Stro acquires 35,000 sq. ft. FedEx building in Roselle

The Stro Cos. has added to its string of recent industrial deals, acquiring a 35,000-square-foot FedEx facility in Union County.

Professional Services
Sanzari adds industry veteran as director of property management

Alfred Sanzari Enterprises has added to its senior executive team with a new director of property management.

Industrial
WCRE inks sale of 17,600 sq. ft. flex building in Gloucester

An investment group has acquired a nearly 18,000-square-foot flex industrial building in Gloucester County, brokers with Wolf Commercial Real Estate announced Friday.

Industrial
Team Resources inks $1.6 million industrial sale in Warren County

An online furniture import business has paid $1.6 million to acquire a 160,000-square-foot warehouse in Warren County, according to brokers with Team Resources Inc.