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.

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.

Industrial
Blau & Berg: US Logistics Group expands by 48,000 sq. ft. at Elizabeth industrial property

A global freight forwarder is now a full-building tenant at an Elizabeth industrial property, having added more than 48,000 square feet under a deal arranged by The Blau & Berg Co.

Industrial
Blau & Berg: East West Hauling signs 49,000 sq. ft. lease at Harrison truck terminal

A logistics and transportation firm has leased more than 49,000 square feet at a trucking terminal in Harrison, in a newly announced deal by The Blau & Berg Co.

Industrial
WCRE: Restoration business buys 1,800 sq. ft. flex industrial condo in Egg Harbor Twp.

A piece of a flex industrial property in Egg Harbor Township has changed hands as part of a newly announced condominium sale by Wolf Commercial Real Estate.

Industrial
MLB Network leases 207,000 sq. ft. at landmark Crow Holdings project in Elmwood Park

Crow Holdings Development has secured a tenant for its new 207,000-square-foot industrial building in Elmwood Park, announcing a lease with MLB Network that will bring the broadcast and content platform to the high-profile project along Interstate 80.

Professional Services
CBRE promotes Forcello to New Jersey market leader, senior managing director

Will Forcello has taken the reins as CBRE’s market leader in New Jersey, assuming the post after serving in an interim role since late last summer.

Industrial
Lincoln Equities, PCCP sell Rockland County industrial portfolio for $63 million, JLL says

Lincoln Equities Group and PCCP have sold nearly 262,000 square feet of light industrial space in New York’s Rockland County for $62.75 million, brokers with JLL announced Wednesday.

Industrial
Riefler joins Trammell Crow Co. New York metro industrial team

Trammell Crow Co. has added to its team in the tristate area with the hiring of Jagger Riefler as a vice president, the developer announced Wednesday.

Industrial
Petrucci to build 200,000 sq. ft. light manufacturing hub as part of Buffalo-area redevelopment

J.G. Petrucci Co. Inc. is bringing its talents to western New York, where it plans to build at least 200,000 square feet of light manufacturing space at a redevelopment area outside Buffalo.