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
Castle & Brothers Logistics leases 14,000 sq. ft. at Elizabeth industrial building, BRC says

A freight carrier has taken 14,000 square feet of small-bay industrial space in Elizabeth, brokers with Bussel Realty Corp. announced Monday.

Finance & Capital Markets
JLL: Oliver Street Capital lands $22 million acquisition loan for South Plainfield IOS site

An investment firm has secured more than $22 million in acquisition financing for a set of industrial outdoor storage properties in South Plainfield, brokers with JLL announced.

Industrial
Blau & Berg: Yankee Line acquires former Coach USA office, garage facility in Elizabeth

Coach USA has sold a nearly 44,000-square-foot garage and office property in Elizabeth to a fellow transportation company, in a deal arranged by The Blau & Berg Co.

Government & Public Policy
Greek Real Estate Partners’ Schlindwein installed as NAIOP New Jersey president

NAIOP New Jersey has welcomed its new board for the next two years, with Greek Real Estate Partners’ Matt Schlindwein taking the helm as president of the commercial real estate development association.

Professional Services
ESA promotes Lezette to director of client strategies, business development

ESA Environmental Consultants has promoted Christine Lezette to director of client strategies and business development, touting her vital role in the firm’s success since her arrival in 2021.

Industrial
Silver Edge: Trucking firm leases 21,000 sq. ft. in Meadowlands industrial deal

A private trucking company has taken nearly 21,000 square feet of industrial space in Carlstadt, in a newly announced deal by Silver Edge Real Estate.

Industrial
Newmark team sees strength ahead after closing $1.1 billion in industrial sales in 2024

Newmark is hailing a banner year and strong momentum for its Rutherford-based industrial capital markets team, following several high-profile deals and some $1.1 billion in total transaction volume.

Industrial
Eastern Torque Services takes 13,000 sq. ft. at new Hillsborough facility, Zimmel says

An industrial equipment repair company has leased more than 13,000 square feet at a newly developed building in Hillsborough, in a deal arranged by Zimmel Associates.

Industrial
Seagis eyes summer delivery for new 167,000 sq. ft. Teterboro warehouse, CBRE says

Construction is underway on a project that will bring nearly 167,000 square feet of new industrial space to Teterboro, as CBRE markets the property to prospective tenants.

Professional Services
Resource Realty of NNJ inks $155 million in lease, sale activity across 85 deals in 2024

Resource Realty of Northern New Jersey is gearing up for a strong 2025, following a year in which it recorded nearly $155 million in leasing and sales activity in the region.