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
Blau & Berg: Terreno inks lease in Kearny with drayage, trucking company

Terreno Realty Corp. has secured a tenant for a two-acre maintenance and industrial outdoor storage property in Kearny, in a newly announced deal by The Blau & Berg Co.

Industrial
TCC leases 342,000 sq. ft. for first deal at new 1 million sq. ft. Sayreville logistics campus

A wholesale distributor has leased one of three buildings at a new logistics park in Sayreville, committing to more than 342,000 square feet under a deal with Trammell Crow Co.

Professional Services
March Construction announces three promotions, including new chief operating officer

March Construction has promoted Thomas A. Cavallero to chief operating officer, while elevating Dawn St. Denis to assistant controller and Thomas Easse to senior project manager.

Industrial
Seagis, logistics firm ink 202,000 sq. ft. lease at new-look Meadowlands warehouse

Seagis Property Group has secured a full-building tenant for more than 200,000 square feet of newly renovated industrial space in East Rutherford.

People
Barta retiring as director, V.P. of leasing and marketing after 30 years with Sanzari

Jerry L. Barta, a respected leasing executive and a fixture in northern New Jersey’s commercial real estate sector, is retiring after 30 years with Alfred Sanzari Enterprises.

Industrial
Family office looking to sell 121,000 sq. ft. Hudson County industrial portfolio, CBRE says

A family office is seeking a buyer for a series of commercial properties in New Jersey, including two industrial buildings and a vacant lot in Hudson County.

Industrial
STRO, KRE Group add 48,000 sq. ft. industrial property near Fort Lauderdale

The STRO Cos. and Kushner Real Estate Group have added to their portfolio in the Southeast, acquiring a two-building, 48,000-industrial property outside Fort Lauderdale, Florida.

Industrial
Galvanize buys 245,000 sq. ft. South Jersey warehouse, eyeing major decarbonization strategy

A global investment firm has purchased a 245,000-square-foot industrial building in Salem County, touting it as part of a strategy to reduce carbon emissions from commercial property.

Industrial
Deugen wins approval for two-building, 195,000 sq. ft. warehouse project in New Brunswick

An affiliate of Deugen Development has secured a key local approval for a plan that would bring nearly 200,000 square feet of new warehouse space to New Brunswick.

Industrial
Logistics user takes 109,000 sq. ft. in North Brunswick sublease, BRC says

A logistics firm has subleased 109,000 square feet at a North Brunswick industrial building, in a newly announced deal by Bussel Realty Corp.