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
BRC inks 12,000 sq. ft. industrial deal in Newark’s South Ironbound

An industrial user has leased 12,000 square feet across two spaces in Newark’s South Ironbound neighborhood, in a newly announced deal by Bussel Realty Corp.

Industrial
Newmark brokers tout 427,000 sq. ft. in northern, central New Jersey industrial deals

A series of logistics firms and other industrial users are expanding in New Jersey thanks to nearly 427,000 square feet in new leases arranged by brokers with Newmark.

Finance & Capital Markets
C&W: Advance, Greek land $300 million permanent loan for Linden Logistics Center phase two

Advance Realty Investors and Greek Real Estate Partners have closed on $300 million in permanent financing for nearly 1.6 million square feet of new industrial space in Linden.

Industrial
Exit 8 warehouse sells as part of multistate, 2.1 million sq. ft. portfolio sale, JLL says

An investment group has acquired 2.1 million square feet of industrial space in the Denver, Houston and northern New Jersey markets as part of a newly announced deal by JLL.

Industrial
Circulate NJ welcomes Supply Chain Federation as logistics coalition’s newest member

Support for the business coalition known as Circulate NJ continues to grow, prompting the addition of six new members in the last three months alone as it highlights the vast economic benefits of the state’s logistics sector.

Industrial
Industrial outdoor storage parcel with 5,000 sq. ft. shop facility trades in South Amboy

The site of a vacant mechanic’s shop and office facility in South Amboy has changed hands to a new user, in a deal arranged by Cushman & Wakefield.

Industrial
Maersk subsidiary takes 1.2 million sq. ft. at new LogiPropCo warehouse in Cinnaminson

A developer has landed a tenant for a new 1.2 million-square-foot warehouse in Burlington County, reportedly inking a full-building lease with a unit of shipping giant Maersk.

Industrial
Vitamin distributor leases 5,000 sq. ft. at Garwood industrial building, BRC says

A national vitamin distributor has taken more than 5,000 square feet of industrial space in Garwood, according to a brokerage team with Bussel Realty Corp.

Industrial
Resource Realty inks North Jersey industrial sales totaling $7.5 million, plus three leases

Commerce Park Investors has acquired a 28,000-square-foot warehouse in Randolph for $4.5 million, in one of five newly announced deals by Resource Realty of Northern New Jersey.

Industrial
Greek acquires fully leased 141,000 sq. ft. logistics property in Bucks County

Greek Real Estate Partners has added to its holdings outside New Jersey, acquiring a more than 141,000-square-foot industrial building in Pennsylvania’s Bucks County.