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.

Stro acquires 83,000 sq. ft. industrial complex in Hackensack

The Stro Cos. has expanded its industrial holdings with the addition of a two-building, 83,000-square-foot portfolio in Hackensack.

Energy management software firm launches procurement platform

A software developer that helps landlords manage their energy costs has unveiled a new tool aimed at streamlining procurement, seeking to find additional savings for building owners.

The RealReal opens 490,000 sq. ft. e-commerce center in Perth Amboy

An online luxury consignment shop has officially added to its footprint in New Jersey, marking the opening of its nearly 500,000-square-foot distribution center in Perth Amboy.

BRC: Moving, storage company takes 17,500 sq. ft. in Linden

A moving and storage business has leased 17,500 square feet at a Linden industrial building, under a newly announced transaction by Bussel Realty Corp.

NKF: Buyer of Meadowlands office site plans industrial redevelopment

The site of a Lyndhurst office complex is slated for redevelopment as a new 110,000-square-foot industrial building, following a recent transaction by Newmark Knight Frank.

JLL inks $11 million refi for 157,000 sq. ft. corporate park in Closter

The owner of a five-building commercial park in Bergen County has refinanced for $11 million, following a transaction arranged by brokers with JLL.

Atlantic inks sale of 32,000 sq. ft. industrial building in Branchburg

A woodwork and furniture business has acquired a 32,120-square-foot industrial building in Branchburg, under a $3.15 million sale arranged by Atlantic Real Estate Services.

Kearny Point access road slated for ‘complete green street’ redevelopment

The main access road into the sprawling, distinctive Kearny Point development is slated to become significantly greener and more welcoming to pedestrians and cyclists, thanks to a new $3 million federal grant that was awarded to its host municipality.

NAIOP honors transformative deals, industry icons at annual gala

Two of the state’s most ambitious redevelopment and adaptive reuse projects were among the top honorees Thursday at NAIOP New Jersey’s annual gala, where a crowd of hundreds celebrated the commercial real estate industry and some of its leading figures.

NAI Hanson announces two promotions to associate VP

NAI James E. Hanson has made two promotions within its commercial brokerage team.