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.

Photos
SLIDESHOW: NAIOP New Jersey’s 31st commercial real estate awards

NAIOP New Jersey’s annual commercial real estate awards, the state’s largest industry event of the year, drew a sellout crowd of more than 800 to The Palace at Somerset Park on May 10.

Industrial
NAI Hanson inks three renewals at Englewood business park

Three tenants have renewed their leases at an Englewood business park, according to brokers with NAI James E. Hanson who arranged the deals.

Industrial
Elberon: New deals bring Elizabeth building to 100 percent leased

Elberon Development Group has signed two new leases at a 115,000-square-foot warehouse in Elizabeth, including a deal with a foot care business that is relocating from Brooklyn.

Roundtable
How is technology changing construction — or creating new development opportunities?

How is technology changing construction — or creating new development opportunities? We assembled a panel of industry experts to tackle this month’s question.

Events
USGBC honors New Jersey sustainability leaders at annual gala

Sustainable and ecofriendly projects were in the spotlight on Wednesday night, as the U.S. Green Building Council of New Jersey handed out its annual green building awards.

Industrial
NAI Hanson: Tire recycler inks lease at Elizabeth industrial building

A tire recycler has leased nearly 30,000 square feet of industrial space in Elizabeth, under a newly announced transaction by NAI James E. Hanson.

Editor’s Note
Making strides

No matter how much I write about commercial real estate, it’s never enough for me to fully appreciate the connection between a developer and one of his or her buildings. That said, Peter Sudler summed it up well enough earlier this year, when he spoke about demolishing a vacant, antiquated office building to make way for a new industrial development.

Industrial
Duke Realty details 354,000 sq. ft. Perth Amboy lease with ecommerce logistics firm

A fulfillment and logistics firm will be the latest tenant at a new three-building, 1.3 million-square-foot industrial complex in Perth Amboy acquired by Duke Realty late last year.

Industrial
Team Resources touts new leases with printing, gift basket businesses

A graphics and printing business has leased 79,000 square feet in Garfield, in one of two new industrial deals announced Tuesday by Team Resources Inc.

Government & Public Policy
Planting the seed: The time to prepare for legal cannabis is now, real estate experts say

Insiders say the prospect of legalized recreational marijuana could have substantial benefits for New Jersey’s commercial real estate market, even with a long list of risks and complexities.