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.

Professional Services
New NAI Hanson sales associate to focus on industrial sales, leasing

NAI James E. Hanson has hired a longtime sales professional as the latest member of its commercial real estate brokerage team, the Hackensack-based firm announced.

Industrial
WCRE brokers 168,000 sq. ft. flex, industrial sale

An investor has acquired a six-building, 168,000-square-foot industrial and flex office in Moorestown, in a deal brokered by Wolf Commercial Real Estate.

Finance & Capital Markets
Investors Bank: Recent CRE loans total more than $280 million

Investors Bank has continued its push to lend across different sectors of commercial real estate, originating more than $280 million in financing for 10 major transactions in recent weeks.

Industrial
REIT acquires 110,000 sq. ft. industrial building in South Jersey

A real estate investment trust has acquired a nearly 110,000-square-foot industrial building in Cherry Hill, marking its first acquisition in southern New Jersey.

Professional Services
CBRE names new head of project management in N.J.

CBRE Group has announced a new leader for its New Jersey project management team.

Industrial
Equity Real Estate brokers Bergen County industrial sale

A 38,500-square-foot industrial building in Bergen County has changed hands, following a sale arranged by Equity Real Estate Brokerage LLC.

Personalities
Family tradition: With clients that go back decades, Zimmel Associates spans three generations

For Zimmel Associates, continuity goes hand in hand with a business that he founded with his late father, Bernard Zimmel, and one that now includes a third generation. Not one, but three of Zimmel’s four sons work at Zimmel Associates today, positioning it for continued success in the years ahead.

Finance & Capital Markets
G.S. Wilcox secures $6 million for Essex County warehouse owner

G.S. Wilcox & Co. has completed $6 million in financing for a five-building industrial portfolio in Orange, working on behalf of a private equity firm that owns the properties.

Industrial
Tulfra, Hampshire ink 204,000 sq. ft. lease at repositioned Clifton building

A joint venture has leased 204,000 square feet in Clifton to a well-known bakery business, in the completion of its effort to redevelop a 50-year-old manufacturing plant into new industrial space.

Top News
Rutgers announces 2017 advisory board members

The Center for Real Estate at the Rutgers Business School has unveiled its 2017 advisory board and council of emerging leaders, adding to a roster that has come to include dozens of industry heavyweights and top professionals in New Jersey.