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.

LMC: Shoe wholesaler inks 103,000 sq. ft. industrial lease in Piscataway

A shoe wholesaler has signed a full-building lease for a 103,350-square-foot warehouse in Piscataway, representatives with Levin Management Corp. said Wednesday.

Industry veteran joins NAI Hanson as VP

NAI James E. Hanson has continued its recent expansion with the hiring of a new vice president.

Weiss highlights banner year in sales, leasing activity

Brokerage firm Weiss Realty is touting a year in which it completed nearly 40,000 square feet of leasing, along with property sales totaling more than $35 million in value.

Self-storage building in Totowa sells for $19.5 million

Tulfra Real Estate and The Hampshire Cos. have sold a 91,000-square-foot self-storage facility in Totowa for $19.5 million, touting it as a sign of growing demand for the asset class.

Cabinet business acquires piece of ex-Montblanc pen factory, HQ

A cabinet maker is set to take over a portion of the former Montblanc pens factory and headquarters in Hunterdon County, following a sale brokered by Charity Realty International LLC. 

Manufacturer inks 16,000 sq. ft. lease in Somerville, BRC says

A maker of architectural moldings has leased 16,000 square feet at a Somerville industrial building, brokers with Bussel Realty Corp. said recently.

New hire will help Hollister navigate a promising trajectory

By Joshua Burd As one of the state’s fastest-growing firms, Hollister Construction Services has bolstered its team with an executive who is well-versed in managing large-scale construction portfolios. The Parsippany-based firm has hired Christopher Cestone as its new vice president…

Guiding the way: Brennan, Simon have positioned Colliers for continued growth in New Jersey

It has been a busy three years for both Kim Brennan and David Simon, who have worked together to lead Colliers International’s expansion in northern and central New Jersey. The global real estate services firm has grown to about 36 leasing and sales brokers in the market — roughly double the size of its team in 2015 — with an expanded focus on industrial, retail and investments sales. Colliers is also marking one year since it opened an office in Woodbridge, its third in New Jersey, to help support its long-term ambitions.

CBRE industrial broker earns top national honors for 2017

A veteran broker with CBRE was the firm’s top industrial producer in the Americas in 2017, with a series of deals headlined by high-profile transactions in Edison and Perth Amboy.

NAIOP New Jersey public policy symposium postponed

NAIOP New Jersey’s Public Policy Symposium, scheduled for March 21 at 7:45 a.m. in New Brunswick, has been postponed due to the winter storm forecast.