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
Kenilworth, Somerset industrial leases among newest deals by NAI DiLeo-Bram

A fabric manufacturer has leased 42,000 square feet of industrial space in Kenilworth, in one of two newly announced deals by NAI DiLeo-Bram & Co.

Industrial
NorthPoint breaks ground on 955,000 sq. ft. Salem County warehouse, Peak Construction says

Construction is underway on a project that will bring nearly 955,000 square feet of new industrial space to the Salem County township of Pilesgrove.

Industrial
Resource Realty: Orthotic footwear maker adds 136,000 sq. ft. in three Bergen County deals

A manufacturer of orthotic footwear is expanding with the help of Resource Realty of Northern New Jersey, having leased nearly 136,000 square feet of industrial space in recent months.

Retail
ULI awards showcases the best in land use, redevelopment while highlighting ongoing challenges in New Jersey (SLIDESHOW)

Th Urban Land Institute’s Northern New Jersey chapter hosted its largest event of the year, honoring projects, professionals and companies in nearly 20 categories as recipients called for continued cooperation between developers and policymakers.

Industrial
CBRE: Developers acquire Wharton parcel slated for new 95,000 sq. ft. industrial-flex project

A joint venture is set to build a new 95,000-square-foot industrial building in Wharton after acquiring a former Air Products distribution center, brokers with CBRE announced Thursday.

Industrial
Kamps Pallets moves after leasing 153,000 sq. ft. in North Brunswick, Avison Young says

A national pallet company has leased more than 153,000 square feet of industrial space in North Brunswick, in a newly announced deal by Avison Young.

Professional Services
NAIDB promotes Gerace, DiLeo to associate vice president

NAI DiLeo-Bram & Co. has promoted brokers Kyle Gerace and Robert V. DiLeo to associate vice president, touting their role in growing the firm’s footprint and transaction volume.

Industrial
Blau & Berg: Two tenants combine for 7,400 sq. ft. in Newark industrial flex deals

The owner of an industrial flex portfolio in Newark has secured two new tenants for the buildings, in a set of leases totaling nearly 7,400 square feet.

Finance & Capital Markets
Creation, J.P. Morgan land $64 million construction loan for 121,000 sq. ft. Newark warehouse project

A joint venture is set to begin construction on more than 120,000 square feet of new industrial space in Newark after securing a $64 million construction loan for the project.

Industrial
Prologis fills Port Reading building with 607,000 sq. ft. lease with logistics firm

Prologis Inc. has leased more than 600,000 square feet in Woodbridge to a warehousing and logistics firm, in what was one of New Jersey’s largest industrial deals to start the year.