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.

People
Woodmont taps Moore as co-chief investment officer, head of value-add multifamily unit

Woodmont Properties has appointed Jon Moore as co-chief investment officer and principal of a newly formed division focused on value-add multifamily investments.

Professional Services
Industrial property specialist Chiusolo joins NAI DiLeo-Bram as vice president

NAI DiLeo-Bram & Co. has once again expanded its brokerage team with the addition of Christopher J. Chiusolo as a vice president.

Industrial
Lincoln Property Co., Ullico acquire vacant 139,000 sq. ft. industrial building in Hamilton

Lincoln Property Co. and Ullico Investment Advisors have acquired a nearly 139,000-square-foot industrial building in Hamilton, the firms announced this week.

Industrial
Castle & Brothers Logistics leases 14,000 sq. ft. at Elizabeth industrial building, BRC says

A freight carrier has taken 14,000 square feet of small-bay industrial space in Elizabeth, brokers with Bussel Realty Corp. announced Monday.

Finance & Capital Markets
JLL: Oliver Street Capital lands $22 million acquisition loan for South Plainfield IOS site

An investment firm has secured more than $22 million in acquisition financing for a set of industrial outdoor storage properties in South Plainfield, brokers with JLL announced.

Industrial
Blau & Berg: Yankee Line acquires former Coach USA office, garage facility in Elizabeth

Coach USA has sold a nearly 44,000-square-foot garage and office property in Elizabeth to a fellow transportation company, in a deal arranged by The Blau & Berg Co.

Government & Public Policy
Greek Real Estate Partners’ Schlindwein installed as NAIOP New Jersey president

NAIOP New Jersey has welcomed its new board for the next two years, with Greek Real Estate Partners’ Matt Schlindwein taking the helm as president of the commercial real estate development association.

Professional Services
ESA promotes Lezette to director of client strategies, business development

ESA Environmental Consultants has promoted Christine Lezette to director of client strategies and business development, touting her vital role in the firm’s success since her arrival in 2021.

Industrial
Silver Edge: Trucking firm leases 21,000 sq. ft. in Meadowlands industrial deal

A private trucking company has taken nearly 21,000 square feet of industrial space in Carlstadt, in a newly announced deal by Silver Edge Real Estate.

Industrial
Newmark team sees strength ahead after closing $1.1 billion in industrial sales in 2024

Newmark is hailing a banner year and strong momentum for its Rutherford-based industrial capital markets team, following several high-profile deals and some $1.1 billion in total transaction volume.