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
P & I Global Tire Solutions takes 15,000 sq. ft. in Linden, in BRC-brokered deal

A tire recycling company has found a new home after leasing a nearly 15,000-square-foot industrial building in Linden, brokers with Bussel Realty Corp. announced Monday.

Industrial
NAI Hanson inks sale of 11,000 sq. ft. industrial flex building in Irvington

A new business is coming to a nearly 11,000-square-foot industrial building in Irvington after a recent sale of the property, in a deal arranged by NAI James E. Hanson.

Industrial
Carrier Enterprise takes 78,000 sq. ft. at new Piscataway industrial building, LMC says

HVAC distributor Carrier Enterprise has leased a newly completed, 78,000-square-foot industrial building in Piscataway to become the latest user at the township’s Rutgers Industrial Center.

Industrial
Rockefeller Group project in Carneys Point taking shape with construction underway on two-building, 1.1 million sq. ft. logistics center

Two new warehouses are rising along Route 40 in Salem County, under a project by Rockefeller Group that will add more than 1 million square feet to the fast-growing industrial submarket.

Industrial
With redevelopment in sight, KRE Group begins demolition of former Navy complex in Ewing

Demolition is underway at a shuttered U.S. Navy facility in Ewing, where Kushner Real Estate Group plans to build nearly 350,000 square feet of new warehouse and flex space.

Industrial
E-Z Cargo takes 43,000 sq. ft. with outdoor storage space in Parlin, BRC says

A freight forwarder has signed a lease in Old Bridge for a 43,000-square-foot industrial building with nearly seven acres of outdoor storage space, brokers with Bussel Realty Corp. announced.

Industrial
Developers nearing completion of 300,000 sq. ft. warehouse project in Elizabeth

Nearly 300,000 square feet of new industrial space is coming to Elizabeth as part of a two-building project by Brookfield Properties, Elberon Development Group and DH Property Holdings.

Finance & Capital Markets
JLL: Seagis lands $81 million in financing for 225,000 sq. ft. United facility in Newark

Seagis Property Group has secured $81 million in permanent financing for a new warehouse adjacent to Newark Liberty International Airport, brokers with JLL announced Tuesday.

Industrial
CoreOne adds to South Jersey portfolio with 2.2-acre industrial parcel in Pennsauken

CoreOne Industrial LLC has acquired a vacant industrial outdoor property in Pennsauken that it’s now set to renovate as part of a plan to secure a new tenant.

Industrial
Seagis inks two leases to fill new 178,000 sq. ft. warehouse development in Newark

Seagis Property Group has leased up a newly delivered warehouse facility along Route 21 in Newark after completing two deals totaling nearly 180,000 square feet.