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
Sizing up e-commerce and its role in N.J.’s industrial sector

A series of high-profile deals, along with research by a top real estate services firm, shows that the demand from e-commerce users is overwhelming in the Garden State. And it shows no signs of abating, as online retail businesses and on-demand food services only continue to grow.

Industrial
Sitex acquires ninth northern N.J. industrial property in 18 months

Sitex Group has added to its ever-growing portfolio of northern New Jersey industrial space, acquiring a 55,000-square-foot building in Moonachie.

Industrial
New Brunswick industrial building trades for $4.8 million

A clothing manufacturer has paid $4.8 million to acquire a 138,000-square-foot industrial property in New Brunswick, Bussel Realty Corp. announced Wednesday.

Industrial
Produce company expanding with new facility in South Jersey

A produce distributor has picked Dermody Properties to develop its new packing and cold storage facility in Gloucester County.

Finance & Capital Markets
Conair sells E. Windsor development site

Conair Corp. has sold a 27-acre development site alongside its headquarters in East Windsor, according to the brokerage firm that orchestrated

Industrial
Transwestern: Rents soaring in Turnpike submarkets

Research by the firm has found that rents for warehouse and distribution space, particularly along the New Jersey Turnpike, are shattering the asking prices of landlords, as the competition among tenants becomes especially fierce.

Industrial
JLL picked to manage Linden industrial portfolio

The new owner of two Linden industrial properties has hired JLL to manage them.

Industrial
Sudler lands first tenant at newest Lakewood industrial site

The Sudler Co. has inked a 25,000-square-foot warehouse lease in Lakewood with a maker of wire ducts and other products.

Deals
San Francisco REIT acquires Franklin industrial building

Terreno Realty Corp. has acquired a small industrial property in Franklin for $9.1 million.

Industrial
Tulfra hires NAI Hanson to manage 11 buildings

NAI James E. Hanson has added to its property management division with an 11-building, 670,000-square-foot portfolio owned by Tulfra Real Estate.