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
Logistics firm acquires 121,000 sq. ft. warehouse in Clifton, NAI Hanson says

A logistics firm is relocating to New Jersey from Pennsylvania after acquiring a 121,000-square-foot industrial building in Clifton, brokers with NAI James E. Hanson announced Tuesday.

Industrial
Furniture seller takes 71,000 sq. ft. in South Brunswick, BRC says

A furniture store owner has leased nearly 71,000 square feet at a South Brunswick industrial building, under a newly announced transaction by Bussel Realty Corp.

Industrial
Ballet company leases 16,600 sq. ft., eyes move to Florham Park

A historic dance company is in line to expand and relocate to nearly 17,000 square feet in Florham Park, following a transaction arranged by CBRE.

Government & Public Policy
Woodbridge seeking redevelopers for 54-acre developmental center campus

The township of Woodbridge is seeking proposals from developers interested in transforming the 54-acre site of a former state-owned complex for residents with developmental disabilities.

Industrial
C&W tapped to market 69,000 sq. ft. industrial building in South Brunswick

The owner of a 69,000-square-foot industrial building in South Brunswick has hired Cushman & Wakefield to market the property.

Industrial
Greek Development inks 67,000 sq. ft. lease at Bucks County industrial park

Greek Development has signed a new 67,200-square-foot lease at a 12-building, 1.7 million-square-foot industrial park just west of Burlington County.

Industrial
Logistics firm takes 100,000 sq. ft. at Meadowlands building

A logistics firm has leased more than 100,000 square feet at an upgraded industrial building in East Rutherford, in a newly announced transaction by the Goodman Group.

Industrial
Fairfield: Seven-building industrial, flex portfolio trades for $30 million

An institutional owner has acquired a seven-building, 315,800-square-foot portfolio in Fairfield for more than $30 million, under a newly completed transaction by Sheldon Gross Realty.

Professional Services
Colliers touts five promotions in New Jersey

Colliers International has made five promotions within its New Jersey brokerage team.

Industrial
New Jersey industrial rents ‘skyrocket’ as demand outpaces supply, Transwestern says

Demand for New Jersey industrial space continues to surge, causing asking rents to skyrocket even as developers race to deliver new buildings.