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.

Owners Council Q&A: Mark Shearer

Tenant activity for industrial has increased over the past few months and is closer to historic norms. We are seeing increased activity in the capital markets.

Doughnut manufacturer eyes major expansion, leases 125,000 sq. ft. in Rockaway

A doughnut manufacturer is set to expand after leasing nearly 125,000 square feet for a new facility in Rockaway, according to a brokerage team with Savills.

Denholtz inks 32,000 sq. ft. lease for first deal at new Texas industrial campus

Denholtz Properties has snagged its first tenant at more than 213,000 square feet of newly built logistics space in Texas, leasing nearly 32,000 square feet to OTC Industrial Technologies.

New 1.1 million sq. ft. Sayreville logistics park getting 10.5-megawatt solar project

Rooftop solar panels are coming to a newly built, 1.1 million-square-foot logistics park in Sayreville under an agreement between its developer and a renewable energy firm.

Mapletree plans 250,000 sq. ft. warehouse after buying fully approved Westampton parcel

Real estate firm Mapletree Investments has acquired nearly 23 acres in Burlington County where it plans to build a 250,000-square-foot logistics facility just off the New Jersey Turnpike.

Owners Council Q&A: Jeff Milanaik

Our industry, like all others, has seen an ebb and flow since 2020. While we received the benefit of thriving business immediately following the pandemic, the last few years have brought us stabilization. As seasoned professionals in the industry, Bridge Industrial recognized that the level of activity we had during COVID could not be sustained for an extended time. In fact, as early as 2022, in my role as NAIOP Corporate Chair, the signs of a shift began to appear, and activity began to shrink. However, as we are heading into the end of 2024, we are beginning to see signs of increased activity and customer demand.

Dalfen, investors buy two-acre industrial outdoor storage parcel in Edison

An investment group led by Dalfen Industrial has acquired a nearly two-acre industrial outdoor storage property in Edison, brokers with CBRE announced Wednesday.

Owners Council Q&A: Lou March

I feel like we’re in the starting gates at the Kentucky Derby, with immense potential waiting to be unleashed. Unfortunately, the gates remain locked by the financial markets. Until the lending environment opens up, that energy is being held back, and we’re all ready to run.

Woodmont adds three, promotes six to support fast-growing development pipeline

Woodmont Properties has announced a flurry of new hires and promotions in support of a development pipeline with more than $2 billion in commercial and multifamily projects.

Resource Realty inks 312,000 sq. ft. lease at new Brookfield warehouse in Orange County

Brookfield Properties has leased up more than 312,000 square feet of new industrial space in New York’s Orange County, in a deal arranged by Resource Realty of Northern New Jersey.