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.

Government & Public Policy
Incentive program enters final year, drawing concern from CRE sector

With the Grow New Jersey program set to expire in less than a year, the prospect of losing the incentive is already weighing heavily on the state’s commercial real estate market.

Industrial
Industrial complex changes hands in Kearny, Blau & Berg says

An investor has acquired a 100,400-square-foot industrial complex in Kearny, in a transaction arranged by brokers with The Blau & Berg Co.

Industrial
C&W, logistics firm tout availability at North Bergen building

A logistics firm is marketing 130,000 square feet of industrial space in North Bergen, hiring Cushman & Wakefield as its leasing agent for the property.

Industrial
Stro announces two new hires

The Stro Cos. has made two recent additions to its team to bolster its efforts in acquisitions, leasing, management and other areas.

Industrial
Atlantic tapped to market upgraded warehouse in East Rutherford

The owner of a 100,000-square-foot industrial building in East Rutherford has hired Atlantic Real Estate Services as the leasing agent for the property.

Roundtable
Beyond retail and industrial, how has e-commerce impacted commercial real estate?

Beyond retail and industrial, how has e-commerce impacted commercial real estate? We assembled a panel of industry experts to tackle this month’s question.

Industrial
Sitex plans upgrades at 83,000 sq. ft. warehouse, its latest Meadowlands acquisition

Sitex Group has made another addition to its Meadowlands industrial portfolio, acquiring an 83,000-square-foot warehouse in Moonachie.

Industrial
Joint venture buys 370,000 sq. ft. Allendale campus for $50.5 million

Camber Real Estate Partners and Advance Realty have added to their portfolio of light industrial buildings, acquiring a 370,000-square-foot campus off Route 17 in Bergen County.

Industrial
3PL firm inks 270,000 sq. ft. lease in Edison, CBRE says

A third-party logistics firm will occupy more than three-quarters of an Edison warehouse after leasing nearly 270,000 square feet at the property, brokers with CBRE announced.

Professional Services
Simon joins new brokerage firm as head of New Jersey operations

B6 Real Estate Advisors, the new brokerage firm launched by Paul J. Massey Jr., has named industry veteran David A. Simon as its top executive in New Jersey.