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.

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.

Industrial
Bussel: Linden warehouse fully leased after recent deal

A tenant that is relocating from Brooklyn will bring a 150,000-square-foot warehouse in Linden to full occupancy, following a deal brokered by Bussel Realty Corp.

Retail
CBRE team brokers nearly $5M in sales

A retail property in Totowa is among four properties that traded recently in a string of transactions brokered by CBRE Group.

Finance & Capital Markets
Brokerage team closes $30M in deals since Labor Day

Two New Jersey-based brokers with Marcus & Millichap have kept busy in recent months, executing deals with a total value of more than $30 million threshold since Labor Day.

Health Care & Education
Industry hopefuls meet industry leaders at career seminar

A career seminar hosted by Montclair State University’s Feliciano School of Business connected attendees with real estate industry leaders in several specialties, including brokerage, property management, value-add investing, development and institutional investing.

Government & Public Policy
McNamara, other CRE leaders honored at NAIOP awards dinner

It was a night in which one of the state’s biggest legislative issues in recent memory was in the spotlight, as voters prepare to consider constitutionally dedicated transportation funding.

Industrial
Joint venture opens new 140,000 sq. ft. freezer warehouse in Elizabeth

Developers have opened the doors to a new 140,000-square-foot new freezer warehouse in Elizabeth that will serve French food distributor Seafrigo.

Industrial
Tulfra, Hampshire honored for Clifton industrial building

Officials in Clifton have recognized the developers and designers behind transforming a 50-year-old commercial building in the city into a 204,000-square-foot e-commerce and distribution facility.

Industrial
NAI Hanson brokers sale of 21,000 sq. ft. Moonachie property

A flex building in Moonachie has changed hands, following a sale brokered by NAI James E. Hanson.