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
Developer breaks ground on second piece of Edison industrial complex

Construction is underway for a new 100,250-square-foot industrial building in Edison, the latest piece of a 14-acre complex being developed by Wick Cos. LLC.

Finance & Capital Markets
HFF brokers $7.65 million loan for South Jersey warehouse acquisition

A joint venture completed its recent purchase of a three-building industrial portfolio in Logan Township with the help of a $7.65 million loan brokered by HFF.

Government & Public Policy
New Jersey Future announces 2018 Smart Growth Award winners

The nonprofit New Jersey Future will honor major redevelopments in Hoboken, Orange and Trenton, as well as former Gov. James Florio, as part of its annual Smart Growth Awards celebration in early June.

Industrial
TJ Maxx among high-profile Q1 industrial deals in New Jersey

Industrial space in and around New Jersey continued to attract household names in the first quarter, as leasing activity remained on a strong and steady pace to start the year.

Industrial
Duke announces 264,085 sq. ft. lease in Cranbury with lighting company

A lighting manufacturer is expanding its Northeast distribution center footprint as part of a recently announced, 264,085-square-foot lease in Cranbury with Duke Realty.

Industrial
Retail, warehouse property in East Brunswick changes hands

An investment group has acquired a 41,500-square-foot retail and warehouse property in East Brunswick, in a deal announced Thursday by Sheldon Gross Realty.

Industrial
BRC brokers Avenel industrial sale for $800,000

A party rentals company has acquired a 10,125-square-foot industrial building in the Avenel section of Woodbridge, according to brokers with Bussel Realty Corp.

Finance & Capital Markets
CMC: South Plainfield warehouse owner refis for $5 million

Commercial Mortgage Capital has arranged a $5 million loan for the owner of a 158,000-square-foot warehouse in Middlesex County, the firm announced recently.

Industrial
Industrial buyer plans upgrades at three South Jersey buildings

Investors have paid $8.5 million to acquire a three-building, 193,000-square-foot warehouse portfolio in the sprawling Pureland complex in Gloucester County.

Industrial
Wilcox touts $9.85 million refinance for Wall flex buildings

The owner of three flex buildings in Monmouth County has refinanced for nearly $10 million, in a transaction arranged by G.S. Wilcox & Co.