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
New tenant joins Delran flex building, WCRE says

Wolf Commercial Real Estate has brokered a nearly 8,000-square-foot lease at a flex space in Delran, the firm announced Friday.

Industrial
NAI Hanson inks 70K sq. ft. industrial lease in Hackettstown

A warehousing and distribution firm has renewed its lease in Hackettstown amid plans to grow its third-party logistics business, brokers with NAI James E. Hanson said.

Industrial
Pool company commits to Heller-owned space in Edison

A pool installer has leased more than 90,000 square feet of industrial space in Edison, Bussel Realty Corp. announced Wednesday.

Industrial
N.J. industrial market stays hot heading into 2017, JLL says

Industrial leasing in New Jersey kept up its torrid pace through the end of 2016, capping off a year that saw occupancy gains of more than 10 million square feet.

Industrial
Furniture seller inks lease at Carteret distribution center

Bob’s Discount Furniture has been identified as the newly signed tenant at a 360,000-square-foot industrial building in Carteret, one of two deals announced recently by developer Prologis.

Industrial
New owner will convert Totowa pharma building after $11M sale

A buyer has paid $11 million to acquire a pharmaceutical manufacturing building in Totowa, where it now plans to retrofit the space into a warehouse and storage facility.

Industrial
Warehouse sale allows beverage maker to relocate, NAI Hanson says

A beverage company is consolidating from two locations into more than 49,000 square feet in South Hackensack, following a deal arranged by NAI James E. Hanson.

Industrial
NAI Hanson inks 5,000 sq. ft. industrial lease in Englewood

A retail merchandising company has leased 5,000 square feet at an Englewood industrial building, brokerage firm NAI James E. Hanson announced Thursday.

Industrial
Auto dealer inks 155K sq. ft. lease at Secaucus warehouse

A luxury auto dealership has leased a nearly 155,000-square-foot industrial building in Secaucus, where it will store and prepare new vehicles before placing them on lots around the region.

Industrial
Bridge sells Union industrial site, its first in N.J., for $46.5M

Bridge Development Partners LLC has sold its newly developed industrial building in Union for $46.5 million, reaping the success of its first project in New Jersey after entering the market in 2014.