Blackstone’s U.S. industrial real estate platform has expanded its New Jersey holdings, acquiring two fully leased Linden buildings with a combined 200,000 square feet.
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.
CenterPoint adds Newark development site, plans 186,000 sq. ft. industrial project
CenterPoint Properties has acquired a nearly 13-acre development site in Newark, where it’s now planning more than 180,000 square feet of logistics space minutes from Port-Newark Elizabeth.
Rockefeller touts $60 million sale of new Piscataway industrial building
Rockefeller Group is detailing the sale of a nearly 400,000-square-foot building within its new Piscataway industrial park, touting the deal as a sign of diversification within the asset class.
Advance names new managing director of industrial development
A former Prologis executive has joined Advance Realty Investors to spearhead the firm’s pipeline of industrial projects.
GZA names new principal in New Jersey among recent promotions
GZA GeoEnvironmental Inc. has named a new principal in New Jersey, in one of three newly announced promotions for the professional services firm.
Treetop adds 120,000 sq. ft. industrial building in Freehold
A developer and investor has acquired a nearly 120,000-square-foot warehouse in Freehold, its second industrial deal in two months, in a newly announced transaction by CBRE.
CenterPoint taps new senior VP for development for east region
CenterPoint Properties has named a new lead development executive on the East Coast, a position whose focus will include growing the firm’s presence in New Jersey.
NAIOP highlights standouts in service, advocacy at annual awards dinner
Commercial real estate leaders came together on Monday to honor a group of top advocates and service professionals, touting their work in public policy and in shaping the industry’s future.
BRC inks 27,000 sq. ft. industrial lease in Union
An industrial user has agreed to lease more than 27,000 square feet in Union, under a newly announced transaction by Bussel Realty Corp.
Box maker inks 32,000 sq. ft. sublease in Saddle Brook, Team Resources says
A manufacturer based in Bergen County has subleased 32,000 square feet at a nearby warehouse, brokers with Team Resources Inc. announced last week.
