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.

Finance & Capital Markets
CBRE: Accordia scores $54 million in financing, JV equity for South Carolina industrial deal

Accordia has landed $36.9 million in financing and $17 million in joint venture equity for its recent acquisition of a South Carolina industrial park, in a set of deals arranged by CBRE.

Industrial
Resource Realty inks 53,000 sq. ft. industrial lease near Route 3 in Clifton

A private industrial user has leased nearly 53,000 square feet in Clifton, according to a brokerage team with Resource Realty of Northern New Jersey.

Community
Spring Lake Hope Foundation gala luncheon returns to Indian Trail Club on Oct. 23

The Spring Lake Hope Foundation’s Ninth Annual Gala Luncheon is set for Oct. 23, when the nonprofit will rally supporters to help the families of children with rare health conditions.

Industrial
Seagis completes ground-up 167,000 sq. ft. industrial project in Teterboro

Seagis Property Group has taken the wraps off nearly 167,000 square feet of new warehouse space in Teterboro that the developer is marketing alongside brokers with CBRE.

Industrial
BRC: Apparel company takes 52,000 sq. ft. in Linden industrial sublease

A clothing company has found a new home in Linden after agreeing to sublease 52,000 square feet of industrial space, brokers with Bussel Realty Corp. announced Thursday.

Industrial
Stonemont, HB Warehousing detail plan for new 520,000 sq. ft. logistics project in Old Bridge

A joint venture is crafting plans to bring more than 520,000 square feet of new warehouse space to Old Bridge, in a project that would add to a growing industrial corridor off Route 9.

Industrial
AY: Stage curtain maker Rose Brand extends 164,000 sq. ft. lease at Hartz building in Secaucus

A maker of stage curtains, backdrops and other products for the theater and event industries has extended its lease in Secaucus, where it occupies more than 164,000 square feet.

Industrial
Accordia expands to South Carolina, acquires 305,000 sq. ft. industrial park for $48 million

Accordia has purchased more than 305,000 square feet of industrial space in South Carolina, marking its first acquisition in the state and the largest in its 20-year history.

Industrial
Saxum, Penwood close on site for 166,000 sq. ft. industrial project in Southeast Pennsylvania

Saxum Real Estate and Penwood Real Estate Investment Management LLC are expanding their partnership with a newly announced, 166,000-square-foot industrial project in Pennsylvania.

Industrial
Longpoint buys 101,000 sq. ft. Piscataway industrial portfolio

Longpoint has acquired two industrial buildings in Piscataway, expanding its portfolio by more than 101,000 square feet in a deal arranged by Lee & Associates – WBE New Jersey.