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
Tire business takes 6,500 sq. ft. in Roselle industrial deal, BRC says

A tire shop has leased 6,500 square feet at an industrial site in Roselle, brokers with Bussel Realty Corp. announced Monday.

Editor’s Note
Looking forward

As you’ll read in this month’s cover story, builders and advocates see New Jersey’s new affordable housing guidelines as a good starting point after more than a decade of uncertainty, conveying cautious optimism even as they confront the financial hurdles, legal battles and political debates that have slowed housing production in the past.

Industrial
Resource Realty: Turf products supplier inks 21,000 sq. ft. renewal in Fairfield

A supplier of turf products has renewed its lease for more than 21,000 square feet of warehouse space in Fairfield, in one of three new deals by Resource Realty of Northern New Jersey.

Industrial
RealCold joins Russo, Onyx to kick off 380,000 sq. ft. cold storage project in East Hanover

Construction is set to begin for a new 380,000-square-foot cold storage facility in East Hanover, in a project that’s bringing new life to a piece of the iconic Novartis Corp. campus on Route 10.

Industrial
Wharton plans modern industrial space in Cherry Hill after buying 43,000 sq. ft. call center

Wharton Industrial has acquired a nearly 43,000-square-foot facility in Cherry Hill that it now plans to update and reintroduce as a modernized warehouse space.

Industrial
IPRG: Specialty foods company sells Paterson cold storage complex for $3.9 million

A private investor has acquired a nearly 26,000-square-foot cold storage and warehouse complex in Paterson for $3.9 million, in a newly announced deal by IPRG.

Industrial
M&M unveils two-building, 360,000 sq. ft. warehouse project in Piscataway, C&W says

M&M Realty Partners has delivered nearly 360,000 square feet of new industrial space in Piscataway that it’s now marketing alongside brokers with Cushman & Wakefield.

Industrial
Ridgecut Road acquires 2.5-acre industrial outdoor storage property in Union

Ridgecut Road has added to its industrial outdoor storage portfolio in New Jersey with a recent closing in Union Township, in a deal arranged by brokers with JLL.

Industrial
Woodmont, Sagard lease 104,000 sq. ft. to 3PL firm at new-look South Brunswick warehouse

A joint venture has landed a tenant for a newly renovated warehouse in South Brunswick, leasing more than 104,000 square feet to a third-party logistics firm.

Top News
Accordia 2.0: Inside the commercial real estate firm’s next chapter — and the story behind its new leadership team

Accordia is entering a new phase as a developer, investor and asset manager, with high-profile additions to its team, a revamped business plan and several major projects on the horizon.