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.

Family office looking to sell 121,000 sq. ft. Hudson County industrial portfolio, CBRE says

A family office is seeking a buyer for a series of commercial properties in New Jersey, including two industrial buildings and a vacant lot in Hudson County.

STRO, KRE Group add 48,000 sq. ft. industrial property near Fort Lauderdale

The STRO Cos. and Kushner Real Estate Group have added to their portfolio in the Southeast, acquiring a two-building, 48,000-industrial property outside Fort Lauderdale, Florida.

Galvanize buys 245,000 sq. ft. South Jersey warehouse, eyeing major decarbonization strategy

A global investment firm has purchased a 245,000-square-foot industrial building in Salem County, touting it as part of a strategy to reduce carbon emissions from commercial property.

Deugen wins approval for two-building, 195,000 sq. ft. warehouse project in New Brunswick

An affiliate of Deugen Development has secured a key local approval for a plan that would bring nearly 200,000 square feet of new warehouse space to New Brunswick.

Logistics user takes 109,000 sq. ft. in North Brunswick sublease, BRC says

A logistics firm has subleased 109,000 square feet at a North Brunswick industrial building, in a newly announced deal by Bussel Realty Corp.

Hartz delivers new 515,000 sq. ft. warehouse in Teterboro, with JLL as its leasing team

Hartz Mountain Industries has taken the wraps off more than 515,000 square feet of new industrial space in Teterboro, as it markets the property alongside brokers with JLL.

A focused expansion: Scarinci Hollenbeck says it’s now a one-stop shop for real estate — with clear growth potential

It’s one thing to become the proverbial one-stop shop, as Scarinci Hollenbeck LLC has sought to do with a series of recent additions to its real estate department. But the Little Falls-based law firm has also keyed on what it sees as important growth areas in the space. That strategy is now taking shape at Scarinci, whose long-established real estate team has grown to 15 full-time attorneys from nine last summer, adding new expertise in everything from affordable housing and litigation to foreclosures and landlord-tenant disputes in the wake of the pandemic.

Ridgecut Road adds 3.1-acre industrial service, outdoor storage property in Middlesex

Ridgecut Road has acquired a 3.1-acre industrial service and outdoor storage property in Middlesex Borough as part of a short-term sale-leaseback with an outgoing user.

D’Amato joins Palestina Scrivo Properties as executive vice president

Palestina Scrivo Properties Inc. has added veteran broker John D’Amato as an executive vice president with its Clifton-based team.

Heritage Capital sells 13-building, 507,000 sq. ft. industrial park in Totowa

Heritage Capital Group LLC has sold a nearly 507,000-square-foot industrial park near Interstate 80 in Totowa, brokers with Cushman & Wakefield announced Thursday.