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.

Deals
San Francisco REIT acquires Franklin industrial building

Terreno Realty Corp. has acquired a small industrial property in Franklin for $9.1 million.

Industrial
Tulfra hires NAI Hanson to manage 11 buildings

NAI James E. Hanson has added to its property management division with an 11-building, 670,000-square-foot portfolio owned by Tulfra Real Estate.

People
Perruna joins JLL to lead project and development services in N.J.

JLL has hired Christopher Perruna as a senior vice president to oversee its project and development services team in New Jersey, the real estate services firm announced.

Industrial
N.J./N.Y. tops JLL ‘scorecard’ for distribution markets

By Joshua Burd The New Jersey/New York Metro Area has topped a new ranking of distribution markets by JLL, with researchers from the firm citing it as an “immensely important driver of industrial space.” The ranking by the real estate…

Deals
Cushman & Wakefield arranges sale of South Brunswick industrial building

A fully occupied, 220,000-square-foot industrial building in South Brunswick has changed hands in a sale brokered by Cushman & Wakefield, the firm announced Tuesday.

People
NAIOP N.J. hires Giaquinto as chapter admin

By Real Estate NJ Patricia Giaquinto has joined NAIOP New Jersey as chapter administrator and executive assistant, said Michael McGuinness, CEO of the commercial real estate development group’s New Jersey chapter. Giaquinto, a Somerset resident, will manage office operations and…

Professional Services
Advance picks Minatelli to head asset management

Advance Realty announced that it has hired Jared Minatelli as director of asset management.