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.

Avison Young: Security firm sells HQ, relocates along Route 46

A security inspection systems firm has sold its headquarters in Fairfield and relocated to nearly 22,000 square feet in nearby Pine Brook, brokers with Avison Young announced recently.

Refrigeration business expands, acquires Warren County industrial building

A refrigeration assembly and distribution business has acquired a 15,070-square-foot flex industrial building in Blairstown, in a sale arranged by NAI James E. Hanson.

Seagis acquires 93,000 sq. ft. warehouse in Carteret

Seagis Property Group has added to its New Jersey portfolio with the acquisition of a 93,000-square-foot warehouse in Carteret.

CBRE: Online returns, ‘reverse logistics’ fuel added demand for industrial space and 3PLs

The e-commerce explosion has fueled a surge in online returns — especially during the holiday season — driving additional demand for industrial space in New Jersey and nationally.

Investment firm buys 46,000 sq. ft. Burlington warehouse, Mertz says

An industrial owner has expanded its holdings in southern New Jersey, acquiring a 46,000-square-foot warehouse in Burlington Township.

For LSRPs, a steady pipeline for years to come

Michael Novak, president of Atlantic Environmental Solutions Inc. in Hoboken — Courtesy: AESI The Licensed Site Remediation Professional program has undoubtedly eased the state’s backlog of contaminated sites. In the years to come, that volume could be a fraction of the…

Stro touts purchase of Woodland Park industrial buildings

The Stro Cos. has closed on a two-building, 100,000-square-foot industrial portfolio in Woodland Park, its third acquisition in the past nine months.

JLL: Burlington industrial building trades for $10.7 million

A national investment firm has expanded its holdings in New Jersey, acquiring a 174,000-square-foot industrial building in Burlington County.

Pennsauken industrial buildings sell for $3.15 million

Two Pennsauken industrial buildings totaling 55,000 square have changed hands for more than $3.1 million, following a sale arranged by Colliers International.

Parting thoughts: Outgoing NAIOP New Jersey president reflects on chapter’s growth — and continued priorities

As Dave Gibbons wraps up his two-year term as NAIOP New Jersey’s president, he says the organization has made strides with public policy goals such as a new performance bond law and liquor license reform, while growing to nearly 850 members to become the association’s sixth-largest chapter in the country. But he believes there is always more work to be done in both the legislative arena and when it comes to networking and recruitment.