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
Mapletree plans two-building, 953,000-square-foot logistics park after securing Manalapan site

Mapletree Investments has acquired some 97 acres in Monmouth County with plans to develop nearly 953,000 square feet of new industrial space across two buildings.

People
Smith, recent addition to NAI Hanson, joins firm’s Institutional Services Group as analyst

Russell “Pepe” Smith has joined the fast-growing Institutional Services Group at NAI James E. Hanson, the state’s largest locally based independent commercial real estate services firm.

Deals
Newmark: Goodman buys landmark Anheuser-Busch brewery site in Newark for $360 million

The now-shuttered Anheuser-Busch brewery at 200 Route 1 in Newark has been a fixture in the city for some 75 years. By Joshua Burd Anheuser-Busch has reaped $360 million from the sale of its iconic former brewery complex just west…

Professional Services
NAI Hanson Management lands three new assignments in New Jersey, New York

NAI James E. Hanson has added to its property management portfolio in the region after securing assignments for three properties totaling more than 591,000 square feet.

Events
Jersey City Summit returns June 4 in latest showcase of region’s largest, most impactful projects

With less than a month to go until the Jersey City Summit for Real Estate, Economic Development & Innovation, the annual event is shaping up to be bigger than ever.

Industrial
BRC: ACP fills 42,000 sq. ft. with new leases at Garwood industrial complex,

The owner of a Garwood industrial complex has secured four leases totaling nearly 42,000 square feet, according to a brokerage team with Bussel Realty Corp.

Industrial
NAIDB, NAI Hanson team up to market new 106,000 sq. ft. South Brunswick industrial project

The owner of more than 106,000 square feet of new industrial space in South Brunswick has paired two well-known New Jersey-based brokerage firms to help it attract a tenant.

Community
JLL teams with nonprofit in volunteer, fundraising effort to transform pediatric hospital rooms

JLL employees across the country are lending their support to Once Upon a Room, an inspiring nonprofit that transforms hospital rooms and spaces for children battling serious illnesses.

Industrial
Velocity, sustainable packaging firm ink 155,000 sq. ft. deal to fill historic Pennsauken building

Velocity Venture Partners has all but leased up a major industrial building in Pennsauken after securing a 155,000-square-foot deal with a maker of sustainable shipping products.

Industrial
Schmidt Baking takes 20,000 sq. ft. in Newark industrial deal with Seagis, Blau & Berg says

Seagis Property Group has secured a new tenant in Newark, leasing nearly 20,000 square feet of industrial space to a division of America’s largest family-owned variety baker.