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.

People
Hollister promotes 11 in executive, project delivery ranks

By Joshua Burd Hollister Construction Services has announced nearly a dozen promotions within its executive and project delivery teams. The Parsippany-based firm said that both Brendan Murray and Matt Higgins have been promoted to the role of executive vice president.…

Industrial
Amazon announces newest South Jersey fulfillment center

Amazon has taken the wraps off its newest fulfillment center in New Jersey, a 650,000-square-foot facility in Gloucester County that will house more than 1,000 employees.

Industrial
NAI Hanson: Landscaping business moving to Hackensack flex building

A landscaping business is relocating to Hackensack after its owner acquired a 2,800-square-foot flex industrial building in the city.

Industrial
BRC brokers $3.9 million warehouse sale in Linden

A logistics firm has acquired a 67,000-square-foot industrial building in Linden, in a $3.9 million transaction arranged by Bussel Realty Corp.

Industrial
Construction begins at ‘midpoint’ industrial complex in Central Jersey

A developer has plans for more than 750,000 square feet of new industrial space in Somerset County, touting a site that splits the difference between two major consumer destinations.

Industrial
Newark industrial project lands $16.2 million construction loan

HFF has secured $16.2 million in financing for the development of a 290,063-square-foot, speculative industrial building near Newark’s port district.

Industrial
NAI Hanson: Commercial tire maker opens in New Providence industrial space

A newly launched commercial tire business will occupy more than 36,000 square feet of industrial space in New Providence, following a recent deal by NAI James E. Hanson.

Events
NAIOP reveals deal of the year finalists for 2018 gala

NAIOP New Jersey has unveiled the finalists for its coveted Deal of the Year awards, a group that includes eight of the state’s most high-profile transactions of 2017.

Industrial
Woodmont industrial group expands outside Northeast with Ga. property

Woodmont Industrial Partners has expanded its footprint outside New Jersey, acquiring a 519,000-square-foot distribution center just south of Atlanta.

People
Advance hires new senior associate of asset management

The New Jersey Center of Excellence in Bridgewater — Courtesy: Advance Realty By Joshua Burd Advance Realty has continued its recent flurry of hiring with an addition to its asset management team. The Bridgewater-based developer said Thursday that it had…