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
CHS Property fills Linden industrial park with new 50,000 sq. ft. lease, BRC says

A seven-building, 208,000-square-foot industrial complex in Linden is fully leased after a recent 50,000-square-foot deal, according to a brokerage team with Bussel Realty Corp.

Events
NAIOP N.J. President’s Awards slated for Nov. 3 with Casiello, Lieb set to join Hall of Fame

More than a half-dozen commercial real estate industry leaders will take the stage next month as NAIOP New Jersey hosts its annual President’s Awards and Hall of Fame Reception.

People
Saxum promotes Stern to senior associate of acquisitions with industrial team

Saxum Real Estate has promoted Brandon Stern to senior associate of acquisitions, expanding his focus with the Summit-based firm’s industrial platform.

Industrial
Cash buyer pays $1.4 million for 11,000 sq. ft. Elizabeth warehouse, IPRG says

A private investor has purchased the site of a nearly 11,000-square-foot warehouse in Elizabeth, in a newly announced deal by Investment Property Realty Group.

Industrial
EQT adds 11-building, 894,000 sq. ft. industrial portfolio along New Jersey Turnpike, JLL says

EQT Real Estate has acquired nearly 894,000 square feet of industrial space across 11 properties along the New Jersey Turnpike, in a newly announced deal by JLL.

Industrial
Velocity adds three tenants, leases 110,000 sq. ft. at Lawrenceville industrial building

Velocity Venture Partners has filled 110,000 square feet in Lawrence Township after securing three new leases at a renovated industrial building.

Industrial
CBRE: Morganville industrial site with 21,000 sq. ft. building trades for $6.9 million

A private investment firm has purchased a 21,000-square-foot industrial building on 4.8 acres in Marlboro for $6.9 million, brokers CBRE announced Wednesday.

Industrial
Industrial market finds balance in Q3 as leasing surges, construction slows in New Jersey

Industrial vacancy in New Jersey declined in the third quarter, as landlords enjoyed strong leasing momentum and a much-needed slowdown in new building deliveries.

Industrial
Terreno sells 603,000 sq. ft. South Brunswick warehouse for $144 million

Terreno Realty Corp. has sold a 603,000-square-foot industrial property in South Brunswick for more than $144 million, the real estate investment trust announced Tuesday.

Industrial
Turnbridge buys 143,000 sq. ft. South Brunswick warehouse for $24 million, eyes value-add plan

Turnbridge Equities has acquired more than 143,000 square feet of warehouse space in South Brunswick that it now plans to update with a roughly $4 million renovation.