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
HFF sources $37 million loan for Secaucus industrial project

The developer of a newly built, two-building industrial complex in Secaucus has secured nearly $37 million in permanent financing, according to brokers with HFF who arranged the loan.

Industrial
Onyx, JLL unveil plans for office-to-industrial redevelopment in Mahwah

Onyx Equities is moving ahead with plans to raze an obsolete, 1960s office building in Mahwah and redevelop the site as a new 120,000-square-foot industrial building.

Events
NJCU conference set to focus on property management, global trade

An upcoming conference in Jersey City will shine a light on property management, with a focus on promoting international business and sharing best practices from around the world.

Industrial
Developers grapple with scarce opportunities, soaring prices while riding N.J. industrial wave

In New Jersey’s booming industrial market — where rent growth is unprecedented and speculative development is rewarded — owners and investors still face a major challenge when it comes to deploying capital and keeping their pipelines filled.

Industrial
Stro touts 45,000 sq. ft. industrial purchase in Bergen County

The Stro Cos. has acquired a 45,000-square-foot light industrial building at the nexus of three major highways in Elmwood Park, the commercial real estate firm said Monday.

Industrial
Mertz brokers sale of Atlantic County industrial portfolio

An investor has purchased a three-building, 139,000-square-foot warehouse portfolio in Egg Harbor Township, in a sale arranged by brokers with NAI Mertz.

Industrial
Hackensack industrial building trades for $1 million, Marcus & Millichap says

A private investor has sold a 7,200-square-foot industrial building in Hackensack for just over $1 million, brokers with Marcus & Millichap said Friday.

Industrial
Advance, Camber tout 55,000 sq. ft. in leasing at Pine Brook industrial complex

Two new tenants are set to join a four-building, 529,110-square-foot light industrial complex in Pine Brook, owners Camber Real Estate Partners and Advance Realty announced.

Event Coverage
‘Fierce competition’ in focus at Rutgers CRE finance summit

For a market that is seeing an extended growth period, it isn’t all that complicated to sum up what exactly is driving the major trends in commercial real estate lending: Fierce competition. At least, that’s according to panelists at a recent conference hosted by the Rutgers Center for Real Estate, where lenders and other experts gathered to discuss the state of commercial real estate finance in New Jersey and beyond.

Photos
SLIDESHOW: Rutgers hosts second annual real estate capital allocation conference

Industry experts, thought leaders and students were among those who turned out recently for the Rutgers Center for Real Estate’s second annual Capital Allocation Conference, which took place April 12 at the Hyatt Regency Jersey City.