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.

Finance & Capital Markets
Edison warehouse buyer lands $41.5 million acquisition loan, HFF says

549 Mill Road in Edison — Courtesy: HFF By Joshua Burd HFF has announced more than $41 million in acquisition financing for a joint venture’s recent purchase of a fully leased, 507,000-square-foot industrial building in Edison. Debt brokers with the…

Industrial
Greek, LaSalle sell 452,000 sq. ft. industrial building in Piscataway

A joint venture has sold a newly built, 452,000-square-foot industrial building in Piscataway, in a deal arranged by brokers with Cushman & Wakefield.

Industrial
CBRE: Cold storage firm leases 140,000 sq. ft. at Newark industrial project

A cold storage warehousing company has taken nearly half of a newly built, 290,000-square-foot industrial building in Newark, brokers with CBRE announced Wednesday.

Industrial
Sanzari inks renewal, expansion with construction supplier

A construction supplier has doubled its footprint with Alfred Sanzari Enterprises, leasing a combined 64,042 square feet at two South Hackensack industrial buildings.

Industrial
BRC: Food company moving from Brooklyn, buys Perth Amboy warehouse

A food company has acquired a 62,000-square-foot industrial building in Perth Amboy as part of a plan to relocate from Brooklyn, brokers with Bussel Realty Corp. announced.

Industrial
Demolition marks another step forward for massive Bayonne logistics park (VIDEO)

Lincoln Equities Group has completed demolition at a 153-acre site in Bayonne, clearing the way for its planned 1.6 million-square-foot warehouse and distribution complex.

Industrial
Englewood warehouse is latest acquisition for Sitex

Sitex Group has acquired a 72,000-square-foot warehouse in Englewood as the latest addition to its northern New Jersey industrial holdings.

Industrial
Startup moving to Kearny Point, leasing 113,000 sq. ft.

A fashion design and supply chain startup is heading to the sprawling Kearny Point development, where it will occupy a new 113,000-square-foot manufacturing facility.

Industrial
Hampshire sells revamped Totowa industrial building for $51 million, HFF says

The Hampshire Cos. has sold a newly delivered industrial complex in Totowa for $51 million, brokers with HFF announced Tuesday, following a project that called for retrofitting and expanding a former life sciences building off Route 46.

Residential & Mixed Use
C&W: Sale of factory site clears way for next rental project in Kearny

Russo Development has completed its acquisition of a former industrial site in Kearny that will allow it to extend its multifamily pipeline in the town, brokers with Cushman & Wakefield said.