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
The 10 largest industrial projects in northern and central N.J., according to JLL

The year ahead is poised to bring more of the same for New Jersey’s teeming industrial market: a seemingly insatiable demand for modern space that is fueling millions of square feet in new development. Here is the list of top 10 industrial projects under construction in the region.

Industrial
BRC: E-commerce user leases 18,000 sq. ft. in Linden

An e-commerce business inked a full-building, 18,000-square-foot lease at a Linden industrial building, brokers with Bussel Realty Corp. said Monday.

Industrial
Colliers: Williams Sonoma, Best Buy lead Q4 industrial leasing

Industrial leasing in northern and central New Jersey topped 40 million square feet for the third consecutive year, Colliers International said Friday, thanks to a surge to close out 2017.

Editor’s Note
Coming soon: Industry Roundups from Real Estate NJ

In the days and weeks ahead, we will introduce a new addition to Real Estate NJ aimed at zeroing in on the major asset classes and service sectors in the Garden State. Known as Industry Roundups, the new e-blasts will highlight the top headlines and stories in each field, giving you a chance to catch up on all the latest news in a way that’s tailored to a specific part of the industry.

Industrial
Investor acquires four Tulfra industrial buildings in northern N.J.

Tulfra Real Estate has sold a four-building, 254,000-square-foot industrial portfolio in northern New Jersey, in a transaction arranged by Newmark Knight Frank.

Industrial
Saddleback inks 20,000 sq. ft. lease in Fairfield

A distribution firm has leased 19,650 square feet at a Fairfield industrial building, landlord Saddleback Real Estate Developers announced recently.

Industrial
New 315,000 sq. ft. warehouse coming to Old Bridge

A houseware wholesaler is set to own and occupy a newly built, 315,000-square-foot industrial building in Old Bridge, following a deal arranged by Corporate America Realty & Advisors.

Industrial
Land prices surging in N.J. industrial market, CBRE says

Large industrial sites in northern New Jersey now cost an average of nearly $1.8 million per acre, CBRE found, as surging demand and the scarcity of land continue to drive up pricing.

Industrial
Devli Group acquires Warren flex complex from Hampshire

A real estate investor and developer has acquired a nearly 122,000-square-foot complex in Warren, where it has the potential to build an additional 46,000 square feet.

Professional Services
BRC adds two sales associates for industrial brokerage

Bussel Realty Corp. has bolstered its brokerage team with two new hires, the industrial real estate services firm said Tuesday.