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
Petrucci to build 200,000 sq. ft. light manufacturing hub as part of Buffalo-area redevelopment

J.G. Petrucci Co. Inc. is bringing its talents to western New York, where it plans to build at least 200,000 square feet of light manufacturing space at a redevelopment area outside Buffalo.

Industrial
Three-building, 20,000 sq. ft. flex portfolio in Matawan changes hands, Sheldon Gross says

A private business has acquired more than 20,000 square feet of commercial space across three buildings in Matawan, in a deal arranged by Sheldon Gross Realty and KBC Advisors.

Industrial
SJP expanding Southeast footprint with new 294,000 sq. ft. logistics building near Charlotte

SJP Properties has unveiled plans to build nearly 294,000 square feet of new logistics space outside Charlotte, continuing its expansion in key Southeast industrial markets.

Professional Services
PREMIER Design + Build promotes Tobias to vice president, project development, in Northeast

PREMIER Design + Build Group has promoted Alexis Graziosetta-Tobias to vice president for project development of its Northeast region.

Industrial
Accordia plans Q3 groundbreaking for 504,000 sq. ft. industrial campus in Roxbury

Accordia is eyeing a third-quarter groundbreaking for more than 500,000 square feet of new industrial space in Roxbury, having secured a key approval for the project from local officials.

Professional Services
Corporate relocation expert Foley joins Cresa New Jersey as managing principal

Veteran broker and corporate relocation expert Dan Foley has joined Cresa’s New Jersey team, where he’ll serve large office and industrial clients throughout the Northeast corridor.

Finance & Capital Markets
Developers land $22 million construction loan for 140,000 sq. ft. Parsippany warehouse project

A joint venture has closed on a $22 million construction loan to build 140,000 square feet of new industrial space in Parsippany, with plans to break ground in the weeks ahead.

People
Denholtz adds former Kushner, Related executive McCool as head of capital markets

Denholtz has hired Jennifer McCool as executive vice president and head of capital markets, in another key addition to the company’s senior leadership team.

Industrial
LEG inks 303,000 sq. ft. lease at Hudson Valley logistics park with sustainable snack maker

Lincoln Equities Group has leased more than 303,000 square feet to a maker of clean and organic snack foods, filling one of two new industrial buildings in New York’s Putnam County.

Industrial
Blau & Berg, Atlantic Handling Systems join growing Circulate NJ business coalition

Circulate NJ has welcomed The Blau & Berg Co. and Atlantic Handling Systems as its newest members, bolstering its ranks as the business coalition promotes the economic benefits of the state’s far-reaching logistics sector.