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.

Totowa flex complex trades for $65.5 million, C&W says

Mack-Cali Realty Corp. has sold a 13-building flex and industrial park in Totowa, in a $65.5 million deal brokered by Cushman & Wakefield.

Professional Services

Remediation, consulting business continues to evolve for Parsippany firm

With a history of guiding companies and site owners through government-mandated cleanups, EWMA has moved to expand its role in transactional real estate and adaptive reuse projects, all while seeking to add service lines that allow for longer-term relationships with its clients. In the process, the Parsippany-based firm has completed both an external rebranding in the marketplace and an internal plan to add new layers of expertise and build its talent pipeline for the future.

New 54,000 sq. ft. warehouse under construction in Kenilworth

A developer has started construction on a 54,000-square-foot industrial building in Kenilworth, with plans to deliver the project by early next year.

Construction begins at 2.2 million sq. ft. industrial development in Piscataway

Rockefeller Group has broken ground on a 2.2 million-square-foot logistics campus in Piscataway, in what it says is one of the state’s largest remaining sites for industrial development.

Sitex acquires another Meadowlands warehouse, plans renovations

Sitex Group has purchased a 40,000-square-foot industrial building in Carlstadt, with plans to make several improvements as it markets the property for lease.

American Equity acquires 318,000 sq. ft. waterfront warehouse in Elizabeth

A real estate firm is planning major upgrades at an industrial building beneath the Goethals Bridge, following its acquisition of the 318,000-square-foot property in Elizabeth.

Warehouse tenant extends at Hartz-owned building in Bayonne

A maker of fashion accessories has extended its 84,000-square-foot lease at a Bayonne industrial building, in a transaction brokered by Colliers International.

Sitex, NAI Hanson mark start of construction for Mahwah warehouse

Sitex Group has started construction on a new 271,000-square-foot industrial building in Mahwah, as brokers with NAI James E. Hanson ramp up their marketing effort for the site.

Trend Watch Oct. 2nd: Big-box leasing activity accelerates in New Jersey

Over the last three months, New Jersey’s industrial market recorded nearly 10.0 million square feet of leasing activity, with big-box markets like Southern New Jersey and Exit 8A seeing a flurry of activity.

Importer displaced by massive fire inks short-term lease in Woodbridge

An importer has leased more than 132,000 square feet of industrial space in Woodbridge, where it will remain for about a year until the completion of a new warehouse in North Brunswick.