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
Industrial owner makes two acquisitions in Essex County

A development firm led by two industry veterans has acquired two new warehouse properties just off Route 46 in Fairfield, the company announced Wednesday.

Industrial
Wakefern mulls new 930K sq. ft. warehouse in Central Jersey

Wakefern Food Corp. could be in line to expand its vast footprint in New Jersey, having told state officials that it was considering a massive new warehouse facility in Perth Amboy.

Finance & Capital Markets
Wilcox closes $56M loan for industrial portfolio

G.S. Wilcox & Co. has arranged a $56 million for a client to refinance a six-building industrial portfolio in Bergen and Middlesex counties, the firm announced Monday.

Sponsored Content
JLL: E-commerce impacts New Jersey labor costs

With e-commerce fulfillment increasingly becoming one of the strongest drivers of industrial real estate, the need for warehouse labor has also increased dramatically. This trend, combined with a decreasing unemployment rate, has forced up labor costs for many e-commerce operations.

Industrial
JLL: Essex County flex building sells for $4.15M

A one-story, 35,945-square-foot industrial and flex building in Fairfield has changed hands for $4.15 million, according to brokers with JLL.

Industrial
Marcus & Millichap: Bergen County industrial building sells for $1.6M

A private investor has paid more than $1.6 million to acquire a 23,154-square-foot industrial property in Garfield, Marcus & Millichap said Thursday.

Industrial
Accordia acquires two industrial buildings, plans another

More than a decade after its founding, a Fairfield-based real estate firm has entered the industrial market with two recent acquisitions and its plans for a new speculative warehouse project.

Industrial
Brokers tout ‘intense interest’ in Fairfield industrial

An area real estate firm is touting activity in Fairfield, having recently brokered the sales of two industrial buildings and placing a third on the market.

Industrial
Zimmel: Somerset warehouse fetches $6.7M after upgrades

Zimmel Associates has brokered the sale of a Somerset County industrial building for the second time in 10 months, following a series of upgrades by the property’s outgoing owner.

Industrial
NAI Hanson brokers health care deals in Morris County

Two health care and life sciences companies have found new homes in Morris County, following a set of leases brokered by NAI James E. Hanson.