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Eden Wood, event rentals company ink 32,000 sq. ft. industrial lease in Jersey City, BRC says

Eden Wood, event rentals company ink 32,000 sq. ft. industrial lease in Jersey City, BRC says

by Joshua Burd | Dec 9, 2025

150 Pacific Ave. in Jersey City — Courtesy: Bussel Realty Corp. By Joshua Burd An event rental company has taken nearly 32,000 square feet at a Jersey City industrial building, in a newly announced deal by Bussel Realty Corp. The tenant, Cabaret Rentals Inc., is...
Joe Morris, big-box developer and giant of New Jersey commercial real estate, dies at age 81

Joe Morris, big-box developer and giant of New Jersey commercial real estate, dies at age 81

by Joshua Burd | Dec 8, 2025

By Joshua Burd Joe Morris, the co-founder of the Morris Cos. who was known for his commanding presence and leadership in New Jersey’s commercial real estate sector, died last week. He was 81. Industry leaders, including NAIOP New Jersey, paid tribute to the longtime...
Velocity-owned small-bay industrial park in Marlton now fully leased, NAI Mertz says

Velocity-owned small-bay industrial park in Marlton now fully leased, NAI Mertz says

by Joshua Burd | Dec 8, 2025

Velocity Business Park at 8-14 Stow Road in Marlton — Courtesy: NAI Mertz By Joshua Burd Velocity Venture Partners has leased up a 160,000-square-foot industrial park in Burlington County in tandem with an NAI Mertz brokerage team, the firms announced last week....
C&W: Saxum, Penwood ink $19.6 million construction loan for Parsippany warehouse project

C&W: Saxum, Penwood ink $19.6 million construction loan for Parsippany warehouse project

by Joshua Burd | Dec 5, 2025

A project by Saxum Real Estate and Penwood Real Estate Investment Management LLC calls for bringing a new 128,150-square-foot speculative warehouse to the site of a vacant office building at 7 Campus Drive in Parsippany. — Rendering courtesy: Saxum Real Estate By...
IDI buys vacant office site in Somerset, plans 213,000 sq. ft. warehouse project

IDI buys vacant office site in Somerset, plans 213,000 sq. ft. warehouse project

by Joshua Burd | Dec 3, 2025

IDI Logistics is planning a spring 2026 groundbreaking for a new 212,500-square-foot warehouse and distribution facility at 1 Executive Drive in Somerset. — Courtesy: IDI Logistics By Joshua Burd IDI Logistics has revealed plans to build more than 200,000 square feet...
Velocity leases 36,000 sq. ft. in three new deals at Gloucester County industrial property

Velocity leases 36,000 sq. ft. in three new deals at Gloucester County industrial property

by Joshua Burd | Dec 3, 2025

242 Delsea Drive in Washington Township — Courtesy: Velocity Venture Partners By Joshua Burd Velocity Venture Partners has added three tenants at a Gloucester County industrial building, leaving just one space available at the roughly 68,000-square-foot facility. The...
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