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
New NAI Hanson broker to focus on office, industrial

NAI James E. Hanson has bolstered its brokerage team with the hiring of a sales associate.

Industrial
Tile company acquires 82K sq. ft. warehouse in Burlington County

A tile company is expanding with the acquisition of an 82,000-square-foot industrial building in Willingboro, in a deal brokered by Sheldon Gross Realty Inc.

Industrial
Colliers adds veteran industrial broker

Noah Balanoff has joined Colliers International Group as an executive managing director, as part of an expansion of its industrial and supply chain platform in New Jersey.

Current Issue
CRE MARKET FORECAST: Predictions from industry experts

What does the year 2017 have in store for the commercial real estate market?

We can’t say for sure — and we know you can’t either — but we asked some of the industry’s top professionals in New Jersey to give it their best shot. In the process, we’ve tried to bring you a good cross-section of experts from different disciplines.

Industrial
BRC brokers 300,000 sq. ft. renewal at Exit 12 industrial site

A freight forwarding and supply chain management firm has renewed its nearly 300,000-square-foot lease at a Carteret industrial property, brokers with Bussel Realty Corp. said Monday.

People
Blau & Berg announces new shareholder, EVP

The Blau & Berg Co. has named Alessandro Conte a shareholder and executive vice president with the commercial real estate brokerage firm.

Industrial
Colliers brokers $3.5M flex trade in Gloucester County

An affiliate of U-Haul is the new owner of a three-building flex property in Swedesboro, following a $3.52 million sale arranged by Colliers International Group Inc.

Industrial
Denholtz: Marble company renews flex space in Somerset County

Denholtz Associates has inked a lease renewal with a marble supplier for more than 50,000 square feet at a flex-industrial park in Bridgewater and Bound Brook, the firm announced.

Industrial
JLL picked to lease new Bergen County industrial site

Bridge Development Partners LLC has selected JLL to market and lease a nearly 200,000-square-foot warehouse and distribution facility that it is building in Wood-Ridge.

Finance & Capital Markets
Wilcox touts financing for two N.J. industrial properties

G.S. Wilcox & Co. has secured more than $12 million in financing for developers involved in two recent transactions in Passaic and Somerset counties, the firm announced.