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
BRC: Diesel engine provider buys 55,000 sq. ft. Somerset facility for $14 million

A company that sells diesel engines and power generation products has acquired a 55,000-square-foot industrial property in the Somerset section of Franklin.

Top News
Larken Associates eyes continued growth after 60 years of residential, commercial building

Larken Associates is marking its 60th anniversary in business, touting its evolution from a single-family homebuilder to a developer of multifamily and commercial properties with a growing portfolio in New Jersey and Pennsylvania.

Industrial
Fairfield industrial building now full after 64,000 sq. ft. in leasing activity, C&W says

The owner of a Fairfield industrial building has secured five new leases and one renewal totaling more than 64,000 square feet, in a series of deals arranged by Cushman & Wakefield.

Industrial
Electrical contractor buys 6,300 sq. ft. industrial condo in Branchburg

An electrical contractor has acquired a nearly 6,300-square-foot industrial condominium in Branchburg, in a newly announced deal by The Blau & Berg Co.

Industrial
Denholtz welcomes Pickleball Kingdom to 41,000 sq. ft. Hamilton light industrial building

Pickleball Kingdom has opened the doors to a new location in Hamilton, where it occupies nearly 41,000 square feet of light industrial space developed by Denholtz.

Finance & Capital Markets
Donato Group refinances multitenant, 72,000 sq. ft. industrial building in Freehold, JLL says

The Donato Group has refinanced a nearly 72,000-square-foot industrial building along Route 33 in Freehold, securing a five-year loan from TriState Capital Bank.

Professional Services
Resource Realty of Northern New Jersey eyes continued growth as it marks 35th anniversary

Resource Realty of Northern New Jersey is marking 35 years in business while staying focused on the future, with a growing leadership team and an expanding geographic footprint.

Industrial
Heller, warehouse services firm ink 410,000 sq. ft. renewal in Edison

Heller Industrial Parks has signed a nearly 410,000-square-foot lease renewal in Edison with a provider of warehousing and distribution services, in a deal arranged by The Blau & Berg Co.

People
Saxum promotes Caputo, construction industry veteran, to project executive

Saxum Real Estate has promoted Frank Caputo to project executive within the Summit-based firm’s development and construction team.

Industrial
Seagis leases 33,000 sq. ft. in newest deals at Carteret industrial building, BRC says

Seagis Property Group has secured a lease renewal and two new tenant commitments at a Carteret industrial building, in a set of deals arranged by Bussel Realty Corp.