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
Harrison, Kearny industrial outdoor storage portfolio sells for $156 million, NAI Hanson says

An investment firm has acquired a nearly 49-acre industrial outdoor storage portfolio in Harrison and Kearny for $156.3 million, brokers with NAI James E. Hanson announced Tuesday.

Industrial
Seagis buys new 211,000 sq. ft. Kearny warehouse in deal with Russo, River Development

Seagis Property Group has acquired more than 211,000 square feet of newly completed logistics space in Kearny, in a deal arranged by Cushman & Wakefield.

Deals
Resource Realty of Northern New Jersey touts nine new leases, sales to close out summer

A packaging company has sold a nearly 35,000-square-foot industrial building in Paterson for some $5 million, part of a flurry of recent deals by Resource Realty of Northern New Jersey.

Industrial
Food ingredients supplier buys 73,000 sq. ft. warehouse in Garfield for $16.5 million

An owner-occupier has purchased a 73,000-square-foot warehouse property in Garfield for $16.5 million, brokers with Lee & Associates – WBE announced Friday.

Professional Services
NAIDB adds Teixeira as vice president with brokerage team

Priscilla Teixeira has joined NAI DiLeo-Bram & Co. as a vice president, marking the latest addition to the Woodbridge-based brokerage team.

Community
NAIOP New Jersey golf classic raises funds for 15,000 meals for Community FoodBank of N.J.

The state’s commercial real estate sector came together last month for a day of friendly competition and community action as NAIOP New Jersey hosted its 2024 Golf Classic and Pickleball Tournament, in a show of support for the Community FoodBank of New Jersey

Industrial
JLL: Link Logistics eyes 123,000 sq. ft. warehouse after acquiring Parsippany office parcel

Link Logistics has acquired the site of an empty office building in Parsippany that’s slated to be redeveloped as a 123,000-square-foot warehouse, in a newly announced deal by JLL.

Professional Services
Chilmark Real Estate Services picked as CORFAC International New Jersey member

Morristown-based Chilmark Real Estate Services has joined CORFAC International as the global real estate network’s New Jersey member.

Industrial
Denholtz starts construction for new 73,000 sq. ft. industrial building in Bridgewater

Denholtz Properties has broken ground on more than 73,000 square feet of new industrial space in Bridgewater, in what will be the latest addition to a business park off Route 22.

Industrial
Rockefeller eyes new 241,000 sq. ft. warehouse in Piscataway, its latest in the township

Rockefeller Group is set to build another distribution center in Piscataway, with plans to bring more than 241,000 square feet of modern logistics space to a former brownfield site.