An automotive parts company has leased 25,000 square feet at a warehouse in Belleville, under a newly announced transaction by Team Resources Inc.
Denholtz Properties has completed a nearly 11,000-square-foot lease in Orlando with one of Florida’s largest suppliers of natural gas, the Red Bank-based firm said Tuesday.
A two-building, 120,000-square-foot flex portfolio in Hamilton has changed hands for $19.5 million, under a transaction arranged by Colliers International.
A furniture rental business has renewed its 79,000-square-foot lease at a Secaucus industrial building, in one of three newly announced transactions by Team Resources Inc.
A regional owner and operator has sold a two-building, 187,569-square-foot industrial portfolio in Moorestown, under a transaction arranged by brokers with CBRE.
Woodmont Industrial Partners has leased up a building in its out-of-state portfolio, landing a new 265,163-square-foot commitment at a distribution center outside Atlanta.
A joint venture has broken ground on a new 595-unit self-storage facility in Winslow Township, under a partnership with the industry’s second-largest operator.
Industrial real estate is still surging as commercial real estate’s hottest property type, and that’s no more evident than right here in New Jersey, providing a chance to showcase the innovation and creativity that’s taking place in the industry.
Landlords and developers are still reaping the rewards of New Jersey’s tight industrial market, where rents continue to rise well above average asking rates.