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
KABR sells 190,000 sq. ft. Long Island industrial building for $15.3 million, JLL says

KABR Group has sold a nearly 190,000-square-foot industrial building on Long Island for $15.25 million, in a deal arranged by JLL’s Morristown-based capital markets team.

Industrial
Realterm buys 632,000 sq. ft. industrial outdoor storage portfolio in North Jersey, other key markets in reported $277 million deal

Global investment manager Realterm has acquired a sprawling, multistate portfolio of industrial outdoor storage properties that includes assets in northern New Jersey.

Industrial
NAI Hanson: Home remodeler buys Oradell retail, warehouse building for $875,000

The owner of a home remodeling business has acquired a 3,125-square-foot mixed-use building in Oradell for $827,500, brokers with NAI James E. Hanson announced Wednesday.

Industrial
Cabinet business takes 13,000 sq. ft. in Piscataway industrial deal, BRC says

A cabinet company has leased nearly 13,000 square feet at a Piscataway industrial building, in a newly announced deal by Bussel Realty Corp.

Sponsored Content
Real Estate NJ’s 2025 Market Forecast

Commercial real estate leaders have entered 2025 with varying levels of optimism. That’s evident from this year’s Real Estate NJ Market Forecast, where you’ll find everything from caution to confidence about how the sector will perform as it balances strong fundamentals in several key asset classes with new regulatory headwinds, nagging inflation and what seems to be a lingering lack of clarity over when lower interest rates will truly impact the industry.

You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.

Professional Services
Cold storage expert Aschenbrand joins Newmark as executive managing director

Newmark has added Dave Aschenbrand as an executive managing director with its New Jersey team, in a move aimed at expanding its position in the growing cold storage segment.

Professional Services
NAI Hanson acquires The Garibaldi Group, NAI Summit to combine storied brokerage firms

NAI James E. Hanson has acquired The Garibaldi Group, bringing together two of New Jersey’s oldest and most recognizable brokerage and real estate services firms.

Industrial
PNK Holdings buys fully approved parcel for 281,000 sq. ft. warehouse in Hammonton

A developer is planning nearly 281,000 square feet of new warehouse space after acquiring 25 acres in Atlantic County, brokers with Lee & Associates of Eastern Pennsylvania LLC said.

People
Hanback named head of development at Rockefeller Group

Rockefeller Group has tapped Executive Vice President Brandi Hanback as the sole leader of its U.S. development platform and a pipeline that totals more than 17 million square feet.

Industrial
Camber adds Interlicchio, Lipka to strengthen acquisitions unit

Camber Real Estate Partners has bolstered its in-house acquisitions team with the addition of Kevin Interlicchio and Connor Lipka.