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
Vericon Construction buys 7,000 sq. ft. in Springfield, BRC says

A construction firm has acquired a 7,000-square-foot industrial building in Springfield for nearly $1.9 million, in a newly announced deal by Bussel Realty Corp.

Industrial
Sitex taps NAI Hanson as leasing team for 623,000 sq. ft. industrial park in Saddle Brook

Sitex Group has picked NAI James E. Hanson as its leasing team for the 50-building, 623,000-square-foot Zuckerberg’s Industrial Park in Saddle Brook.

Industrial
Camber, Invesco buy 384,000 sq. ft. industrial portfolio in Burlington County

Camber Real Estate Partners and Invesco Real Estate have added more than 384,000 square feet of industrial space as part of a five-building portfolio deal in northern Burlington County.

Industrial
Stonemont delivers new 296,000 sq. ft. spec warehouse project in Passaic

Atlanta-based Stonemont Financial Group has completed construction on nearly 296,000 square feet of new industrial space off Route 21 in Passaic.

Industrial
Environmental services firm leases new 10,000 sq. ft. facility in Somerset, Sheldon Gross says

An environmental services firm has leased a newly built, 10,000-square-foot commercial property in Franklin Township, according to a brokerage team with Sheldon Gross Realty.

Finance & Capital Markets
Brennan recapitalizes 1 million sq. ft. industrial portfolio in Moorestown

Brennan Investment Group has recapitalized a 20-building, 1 million-square-foot portfolio of shallow-bay industrial space in Moorestown.

Industrial
Logistics firm takes 150,000 sq. ft. at new warehouse in Lawrence Twp., Avison Young says

Alcamo Capital has landed a tenant for a newly developed warehouse in Lawrence Township, inking a lease for more than 150,000 square feet under a deal arranged by Avison Young.

Top News
Denholtz Properties rebrands as Denholtz, highlighting focus on investment management

Denholtz Properties, the real estate firm founded more than 70 years ago, has shortened its name as part of a rebrand announced Tuesday by its Red Bank-based team.

Industrial
Appco Pharma expands to 27,000 sq. ft. at Piscataway industrial building, BRC says

A generic drug company has expanded to more than 27,000 square feet at a Piscataway industrial building, in a newly announced deal by Bussel Realty Corp.

Industrial
Investors buy South Plainfield industrial outdoor storage site for $33 million, NAI Hanson says

An investment group has acquired a nearly nine-acre industrial outdoor storage site in South Plainfield for $33.25 million, in a newly announced deal by NAI James E. Hanson.