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
STRO, KRE add 43,000 sq. ft. in Florida with new industrial sale-leaseback deal

The STRO Cos. and KRE Group have signed a new sale-leaseback deal for two buildings in Florida, adding more than 43,000 square feet to their fast-growing portfolio in the state.

Events
Milanaik to receive lifetime achievement award as NAIOP honors top CRE deals, professionals

Esteemed developer Jeff Milanaik will headline this year’s NAIOP New Jersey Commercial Real Estate Awards Gala, where the association will also unveil its coveted Deal of the Year winners while honoring several other key figures and service providers.

Industrial
Yahee Technologies takes 154,000 sq. ft. in Cranbury in one of two NAIDB industrial deals

An industrial user has leased a 154,000-square-foot building at a Prologis-owned campus in Cranbury, in one of two newly announced deals by NAI DiLeo-Bram & Co.

Industrial
Taconic acquires 360,000 sq. ft. North Brunswick industrial building for $74 million

Taconic Partners has added its second New Jersey industrial building with the purchase of a fully leased, 360,000-square-foot facility in North Brunswick for $74.3 million.

People
Lange joins Hampshire as chief financial officer

The Hampshire Cos. has named Carolyn Lange as its new chief financial officer, the Morristown-based real estate investment and development firm announced Tuesday.

Industrial
WCRE: South Jersey plumbing, HVAC business buys 10,000 sq. ft. Camden warehouse

A plumbing and HVAC business has acquired a 10,000-square-foot industrial property in Camden, in a newly announced deal by Wolf Commercial Real Estate.

Industrial
Sitex expands to South Florida with two-building, 53,000 sq. ft. industrial deal

Sitex Group has entered the South Florida market with the acquisition of more than 53,000 square feet of warehouse space in Fort Lauderdale.

Industrial
CBRE: New 110,000 sq. ft. flex park in Montville to fill critical void for small-bay users

A development team is bringing 110,000 square feet of light industrial space to Montville as part of a three-building project that’s slated to come online starting this summer.

Events
Developers Night: Expert panel to tackle impact of tariffs, taxes at annual IOREBA event

A panel of industry experts will take the stage in just over a week when the Industrial and Office Real Estate Brokers Association hosts its annual Developers Night, a popular dinner and networking event that helps kick off the spring conference season.

Industrial
Deluccia: Sheet metal business sells 62,000 sq. ft. Somerset industrial building for $8.5 million

A sheet metal fabricator has sold a nearly 62,000-square-foot light industrial building in Franklin Township for $8.5 million, in a deal arranged by Deluccia Commercial Group.