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.

Equity Real Estate brokers Bergen County industrial sale

A 38,500-square-foot industrial building in Bergen County has changed hands, following a sale arranged by Equity Real Estate Brokerage LLC.

Family tradition: With clients that go back decades, Zimmel Associates spans three generations

For Zimmel Associates, continuity goes hand in hand with a business that he founded with his late father, Bernard Zimmel, and one that now includes a third generation. Not one, but three of Zimmel’s four sons work at Zimmel Associates today, positioning it for continued success in the years ahead.

G.S. Wilcox secures $6 million for Essex County warehouse owner

G.S. Wilcox & Co. has completed $6 million in financing for a five-building industrial portfolio in Orange, working on behalf of a private equity firm that owns the properties.

Tulfra, Hampshire ink 204,000 sq. ft. lease at repositioned Clifton building

A joint venture has leased 204,000 square feet in Clifton to a well-known bakery business, in the completion of its effort to redevelop a 50-year-old manufacturing plant into new industrial space.

Rutgers announces 2017 advisory board members

The Center for Real Estate at the Rutgers Business School has unveiled its 2017 advisory board and council of emerging leaders, adding to a roster that has come to include dozens of industry heavyweights and top professionals in New Jersey.

HFF’s midyear 2017 industrial capital markets brief

From an equity markets perspective, demand for industrial product continues to be strong with institutions and private funds that are underweight in northeast industrial properties. The reason we are not seeing more activity is because there has been — and continues to be — a lack of quality offerings in the most sought after markets from the Meadowlands down along the Interstate 95/Turnpike Corridor to Exits 8A/7A.

Hartz completes new service facility at former Kearny landfill site

Hartz Mountain Industries and Cummins Inc., a global engine maker and power company, have completed a new 57,000-square-foot facility in Kearny, marking a milestone in a complex, long-running effort to redevelop a former landfill in the Hudson County town.

Somerset flex building sells for $6.25 million, Marcus & Millichap says

A vacant 67,000-square-foot flex building in Somerset County has traded for $6.25 million, in a deal brokered by Marcus & Millichap’s New Jersey office.

Blau & Berg: Event firm joins roster at new industrial development in Secaucus

An event production company has committed to more than 14,000 square feet at a distribution center now under construction in Secaucus, The Blau & Berg Co. said Thursday.

Medical supplies distributor inks 70,000 sq. ft. lease in Fairfield

Saddleback Real Estate Developers has leased nearly 70,000 square feet in Fairfield to a well-known distributor of medical supplies, the industrial owner said Tuesday.