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
EDA: Consignment startup eyes 492,000 sq. ft. fulfillment center in Perth Amboy

State officials have approved a 10-year, $38.9 million tax credit package to encourage an online luxury consignment shop to open a nearly 500,000-square-foot fulfillment center in Perth Amboy, where it says it would hire close to 800 employees.

Industrial
Clothing maker weighs 113,000 sq. ft. lease in Kearny

A three-year-old clothing manufacturer could be joining the sprawling Kearny Point redevelopment, following the approval of a 10-year, $37.2 million incentive to support a new 113,000-square-foot facility at the complex.

Industrial
Office solutions firm inks 155,000 sq. ft. at Rockefeller park in Piscataway

Rockefeller Group has attracted another tenant to its new logistics park in Piscataway, securing a 155,000-square-foot lease with a maker of office furniture and products.

People
Denholtz touts new hire for acquisitions, development team

Denholtz Associates has made another addition to its team with the hiring of a new acquisitions and development associate.

Industrial
Profeta acquires Sherwin-Williams distribution center in Florida

Paul V. Profeta & Associates has expanded its out-of-state portfolio with the acquisition of a 362,000-square-foot, triple-net-leased industrial complex in Central Florida.

Industrial
Newmark: Livingston flex building fully leased

Newmark Associates is touting the lease-up of a newly built, 41,250-square-foot flex industrial building in Livingston.

Professional Services
Heller: Avison Young eyeing continued growth in New Jersey

Avison Young has not looked back since entering New Jersey with a splash in 2012 — and the real estate services firm has its sights set on continued growth in the state. 

People
Veteran estimator joins Hollister executive team

By Joshua Burd Hollister Construction Services has hired an industry veteran to lead its estimating team. In a news release Thursday, the firm announced the addition of Bruce Schlesier as vice president of estimating. In the new role, Hollister said…

Office
Garibaldi touts new leases in Chatham, Jersey City

A global market research company has leased more than 4,000 square feet in downtown Chatham, in one of four recent deals announced by The Garibaldi Group.

Industrial
New Jersey industrial brokers, developers thinking regionally as tenants expand the market

With a limited supply and an increasingly savvy approach to logistics, tenants are pushing the historical boundaries of the New Jersey industrial market and expanding not only westward, but to the southernmost parts of the state and to the east to New York City. As occupiers explore these new frontiers, developers and brokers in New Jersey are following suit with a more regional approach to the warehouse and distribution sector.