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.

Professional Services
Industrial broker Wisse named partner with Lee & Associates New Jersey

A veteran broker with Lee & Associates New Jersey is now a partner after earning his fourth promotion since 2016, when he joined the Elmwood Park-based team as an associate.

Industrial
Charity Realty: NJIT affiliate takes 19,000 sq. ft. for new Morris County lab facility

The New Jersey Institute of Technology has leased nearly 19,000 square feet in Roxbury to develop a new multipurpose lab space, in a deal arranged by Charity Realty International LLC.

Professional Services
Cresa adds industrial real estate expert to growing Northeast brokerage team

A veteran real estate executive and broker has joined Cresa’s industrial services group as a managing principal, with a regional focus that includes central and southern New Jersey.

Industrial
Pharma user expands at Hillsborough Business Center, Larken says

A life sciences firm has signed a 1,500-square-foot lease expansion at Larken Associates’ 550,000-square foot, 27-building Hillsborough Business Center off Route 206.

Industrial
C&W: Port submarkets riding high amid record cargo volume in New York, New Jersey

The Port of New York and New Jersey saw record container volume in 2022, making it the second-busiest U.S. shipping hub and signaling continued demand for area warehouse space.

Top News
Senlac rebrands as GreenBarn Investment Group, adds Schonbraun as managing partner

The Morristown-based firm known as Senlac Ridge Partners is now GreenBarn Investment Group, while it has added a commercial real estate industry veteran as a managing partner.

Professional Services
Kislak honors top producers in sales, leasing categories during annual awards program

The Kislak Co. Inc. highlighted four of its top producers recently during its annual awards program, where it also marked a year with more than $1 billion in total sales volume.

Industrial
Reusable grocery bag maker takes 11,000 sq. ft. in Somerset, BRC says

A maker of reusable grocery bags has leased 11,000 square feet of warehouse space in Franklin’s Somerset section, in a newly announced deal by Bussel Realty Corp.

Featured
History, legacy in focus as Hanson family marks 100 years in commercial real estate

A century of New Jersey commercial real estate history took center stage last month, as three generations of the Hanson family gathered to mark its 100th anniversary in the industry.

Industrial
EverWest taps former Duke exec to lead new property management office in New Jersey

EverWest Real Estate Investors has hired an industry veteran as its director of property management in New York and New Jersey, citing its continued growth in the region.