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
Garibaldi: Deal will bring new life to Chatham pharma complex

A life sciences company has acquired a 165,000-square-foot biotech complex in Chatham, where it plans to embark on renovations that will convert it to a modern manufacturing facility.

Industrial
Second of three buildings coming to Exit 8A industrial park

Construction is underway on a nearly 190,000-square-foot distribution center in South Brunswick, the second of three phases in a planned industrial complex off New Jersey Turnpike Exit 8A.

Finance & Capital Markets
Investors announces more than $300M in CRE loans

Investors Bank has originated than $308 million in loans in recent weeks, financing more than a dozen transactions involving multifamily and commercial properties.

People
Four young brokers join Colliers N.J. team

Colliers International Group Inc. has added four new professionals to its brokerage teams in Parsippany and Princeton, marking its continued expansion in New Jersey.

Finance & Capital Markets
Financing aids conversion of Totowa commercial building

HFF has arranged $12.2 million in construction financing for developers to reposition a light industrial building into a 1,246-unit self-storage facility in Totowa, the firm announced.

Industrial
Avison Young picked to handle Bridgewater warehouse sale

Brokers with Avison Young have been hired to market a 46,396-square-foot industrial facility in Bridgewater, the firm said Tuesday.

Industrial
Outdoor tools firm leases Terreno building in Meadowlands

Terreno Realty Corp. has leased 85,000 square feet of industrial space in East Rutherford to a designer, developer and distributor of outdoor tools, the landlord said Monday.

Industrial
NAI Hanson brokers two sales in Westwood

Two commercial buildings in Westwood have traded hands following sales brokered by NAI James E. Hanson, the real estate firm said Tuesday.

Finance & Capital Markets
HFF: Investor to acquire, upgrade Linden industrial building

HFF has arranged $7 million in acquisition financing for a real estate investment firm to acquire a fully leased 115,913-square-foot industrial building in Linden, the brokerage said Thursday.

Office
Massive Kearny redevelopment site welcomes co-working space, restaurant

A sleek co-working space and new restaurant have opened in Kearny, where a company is pushing ahead with a plan to redevelop a historic, 2 million-square-foot former shipyard.