An investment firm has acquired more than 135,000 square feet of industrial space on the border of Middlesex and Union counties, in a transaction arranged by Sheldon Gross Realty.
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.
JLL: New Jersey industrial demand starts strong in Q1, faces new test from COVID-19
Industrial leasing stayed strong in New Jersey ahead of the COVID-19 outbreak, as experts now wait to determine the long-term impact of the pandemic on the state’s surging market for warehouse and distribution space.
Self-storage, industrial building in West Caldwell trades for $19 million
A private investor has sold a mixed-use property in West Caldwell for more than $19 million, under a newly announced transaction by Marcus & Millichap.
Hampshire lists retail, self-storage REIT on Singapore exchange
The Hampshire Cos. has announced the listing of a real estate investment trust on the Singapore Exchange, with a portfolio that spans 3.2 million square feet of retail and self-storage space.
Colliers: Amazon continues swift expansion in New Jersey, leading the way in Q1
Amazon continued its rapid expansion in New Jersey in the first quarter, accounting for three of the top five industrial leases in northern and central New Jersey to start the year.
West Deptford industrial building trades for $20 million, JLL says
An investment fund has acquired a fully leased, 183,000-square-foot industrial property in West Deptford for $20.2 million, in a transaction arranged by JLL.
Trucking firm takes 58,000 sq. ft. in Edison
A local trucking company has leased nearly 60,000 square feet at a commercial building in Edison, brokers with Sheldon Gross Realty announced Wednesday.
Storage products firm acquires 30,000 sq. ft. Pennsauken warehouse
A storage products business has acquired a nearly 30,000-square-foot warehouse in Pennsauken, under a newly completed transaction by Colliers International.
NAI Mertz inks 23,000 sq. ft. industrial, flex sale in Vineland
A glass and door business has sold a nearly 23,000-square-foot commercial property in Vineland, under a newly announced transaction by NAI Mertz.
Woodmont completes 255,000 sq. ft. renewal at Georgia industrial building
Woodmont Industrial Partners has secured a key renewal outside New Jersey, inking a nearly 255,000-square-foot commitment with a logistics firm at a property south of Atlanta.
