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
Denholtz completes turnaround of 75,000 sq. ft. industrial building

A formerly vacant, dilapidated industrial building in Somerset County has found new life after more than 15 years, following a renovation and environmental cleanup by Denholtz Associates.

Industrial
Ridgefield development site on the market as cleanup nears completion

The site of former chemical factory on Route 46 in Ridgefield is up for sale, as its longtime owner nears the end of an environmental cleanup meant to pave the way for redevelopment.

Finance & Capital Markets
Procida closes $3 million bridge loan on Union County properties

Procida Funding & Advisors LLC has provided a $3 million bridge loan as part of a transaction secured by four light industrial properties totaling more than 27,000 square feet in Union County.

Government & Public Policy
EDA: Three NYC manufacturers eye a combined 193,000 sq. ft. in N.J.

Three manufacturers could be moving to New Jersey from New York City’s outer boroughs, following the approval of incentives for the firms by the state Economic Development Authority.

Industrial
Team Resources: Brooklyn firm expanding into Union County

A company that is expanding from Brooklyn will occupy 27,000 square feet at a Hillside industrial building, following a lease brokered by Team Resources Inc.

Industrial
BRC: Photo, electronics equipment firm inks industrial lease in South Plainfield

An electronics and entertainment company will occupy nearly two-thirds of a South Plainfield industrial building, following a 76,640-square-foot lease brokered by Bussel Realty Corp.

Industrial
Key Properties inks 11,000 sq. ft. lease in Meadowlands

A supply company is relocating within Carlstadt as part of a newly signed 11,000-square-foot warehouse lease with landlord Key Properties LLC.

Industrial
Colliers: Logistics firm commits to 181,000 sq. ft. in Linden

A transportation and logistics solutions firm has leased 181,000 square feet at a Prologis-owned building in Linden, brokers with Colliers International said Wednesday.

Professional Services
Sales representative joins Sheldon Gross Realty

Sheldon Gross Realty has added to its team with the hiring of a new corporate sales representative, the West Orange-based brokerage and management firm said.

Industrial
Firm sells industrial building, leases office space in South Plainfield

A chemical distribution firm has relocated within South Plainfield after selling a nearly 108,000-square-foot industrial building in the township, according to brokers involved the deal.