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.

Zimmel announces more than 200,000 sq. ft. in warehouse deals

A trio of industrial tenants have inked leases in central New Jersey in a series of deals arranged by Zimmel Associates, the Edison-based brokerage firm said Monday.

North Jersey industrial site to become self-storage facility

A self-storage operator plans to raze a 61,556-square-foot industrial building in Bergen County and rebuild the site with one of its own facilities, brokerage firm Marcus & Millichap said.

Trentonian site slated to become Dunkin’ Donuts bakery hub

The latest thing that Trenton makes? Try Munchkins.

That may soon be the case under a proposal by a team of Dunkin’ Donuts franchisees. A nearly $17 million project calls for redeveloping two buildings in the city into a new 69,000-square-foot central bakery plant, serving more than 130 stores in the region and producing hundreds of thousands of doughnuts and other products every week.

Monmouth REIT buys FedEx Ground center for $35M

A real estate investment trust based in Freehold has turned to the Buffalo, New York area to acquire a FedEx distribution center, paying $35.1 million for the industrial asset.

Wilcox brokers financing for South Jersey flex property

G.S. Wilcox & Co. has arranged a $7 million loan for a six-building, 240,000-square-foot industrial flex park in Gloucester County, the commercial mortgage banking firm said.

Bergman hires CRE industry veteran in asset management role

David Iacobucci has joined Bergman Real Estate Group as a senior investment manager, the real estate investment and management firm announced Monday.

Logistics firm leases 42K sq. ft. in South Brunswick

A logistics firm has a new home at a South Brunswick industrial building after a lease arranged by Bussel Realty Corp., the real estate services firm said Monday.

NAI DiLeo-Bram & Co. brokers industrial sales totaling $14M

A pair of Central Jersey commercial buildings have changed hands after transactions brokered by NAI DiLeo-Bram & Co., the firm announced.

Matrix looks to Staten Island as its next frontier

Matrix Development Group is crossing the Arthur Kill for its latest industrial project, breaking ground on its first two buildings in a planned logistics park in Staten Island.

Calif. firm expands eastward to Secaucus, NAI Hanson says

A Secaucus warehouse will be the new home of a firm that provides rental furniture and other products to the event industry, as part of its expansion from the West Coast.