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
Sitex expands to South Florida with two-building, 53,000 sq. ft. industrial deal

Sitex Group has entered the South Florida market with the acquisition of more than 53,000 square feet of warehouse space in Fort Lauderdale.

Industrial
CBRE: New 110,000 sq. ft. flex park in Montville to fill critical void for small-bay users

A development team is bringing 110,000 square feet of light industrial space to Montville as part of a three-building project that’s slated to come online starting this summer.

Events
Developers Night: Expert panel to tackle impact of tariffs, taxes at annual IOREBA event

A panel of industry experts will take the stage in just over a week when the Industrial and Office Real Estate Brokers Association hosts its annual Developers Night, a popular dinner and networking event that helps kick off the spring conference season.

Industrial
Deluccia: Sheet metal business sells 62,000 sq. ft. Somerset industrial building for $8.5 million

A sheet metal fabricator has sold a nearly 62,000-square-foot light industrial building in Franklin Township for $8.5 million, in a deal arranged by Deluccia Commercial Group.

People
Denholtz adds Loy, Vasquez in key asset management positions

Denholtz has bolstered its asset management team with two new hires, welcoming commercial real estate industry veterans Warren Loy and Nicole Vasquez.

Industrial
Fragrance company takes 25,000 sq. ft. at Somerset industrial property, BRC says

A fragrance manufacturer has leased 25,000 square feet of industrial space in the Somerset section of Franklin, brokers with Bussel Realty Corp. announced Tuesday.

Industrial
Crow Holdings, Logistics Plus ink 1 million sq. ft. lease at new Exit 8 industrial campus

Crow Holdings Development has landed a 1 million-square-foot industrial deal, inking a full-building lease in Millstone with one of the nation’s fastest-growing logistics firms.

Industrial
Ridgecut Road kicks off construction for 146,000 sq. ft. logistics project in Orange County

Ridgecut Road has broken ground on a project that will bring more than 146,000 square feet of industrial space to a fast-growing submarket just north of New Jersey.

Office
Freehold property with office, warehouse space trades for $3.7 million, Sheldon Gross says

A private business has acquired a nearly 9,000-square-foot commercial property in Freehold for $3.7 million, brokers with Sheldon Gross Realty announced Monday.

Professional Services
NAI Mertz hires industrial specialist Randazzo as director

NAI Mertz has added to its brokerage team with the hiring of Sandro Randazzo as a director specializing in industrial sales and leasing.