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
C&W: Sitex Group sells five-building, 114,000 sq. ft. light industrial portfolio in Orange

Sitex Group has sold a nearly 114,000-square-foot portfolio of light industrial buildings in Orange, directly north of Interstate 280, in a transaction arranged by Cushman & Wakefield.

Industrial
Private equity firm buys 98,000 sq. ft. Clifton warehouse complex, Lee & Associates N.J. says

Longpoint Realty Partners LP has purchased a two-building, 98,000-square-foot warehouse complex in Clifton, in a deal arranged by Lee & Associates New Jersey.

Industrial
BRC inks 15,000 sq. ft. industrial lease in Linden with millwork business

A millwork business has signed a full-building, 14,500-square-foot commitment at a Linden industrial property, in a newly announced deal by Bussel Realty Corp.

Industrial
Denholtz acquires three-building, 359,000 sq. ft. Georgia industrial portfolio

Denholtz Properties has expanded its holdings outside New Jersey with the addition of nearly 360,000 square feet of multitenant industrial space in Savannah, Georgia.

Industrial
Industrial buyer adds 170,000 sq. ft. Linden warehouse portfolio in reported $90 million deal

An investment manager has purchased a two-building, 170,000-square-foot industrial portfolio in Linden, completing the latest acquisition by its growing Northeast office.

Finance & Capital Markets
Denholtz refis 84,000 sq. ft. light industrial complex in East Brunswick, JLL says

Denholtz Properties has refinanced a two-building, 84,000-square-foot light industrial portfolio in East Brunswick, according to a debt placement team with JLL.

Industrial
Petrucci: Logistics firm’s lease at Logan Twp. storage lot among 395,000 sq. ft. in new deals

J.G. Petrucci Co. Inc. has welcomed seven tenants to its portfolio in New Jersey and Eastern Pennsylvania after recently leasing nearly 400,000 square feet in 90 days.

Industrial
Realterm buys 34,000 sq. ft. Port Newark facility, in latest North Jersey deal

Logistics investor Realterm has acquired the site of a nearly 34,000-square-foot industrial building minutes from Port Newark, the firm announced Tuesday.

Professional Services
NAI Hanson promotes Fittizzi, Kristofich to vice president

NAI James E. Hanson has promoted brokers Dominic Fittizzi and Jonathan Kristofich to the role of vice president, the Teterboro-based real estate services firm announced Tuesday.

Industrial
Investment firm buys 144,000 sq. ft. Essex County facility in sale-leaseback

Investment firm MAG Capital Partners has acquired a nearly 145,000-square-foot building in Essex County as part of a sale-leaseback with the owner of a cosmetics manufacturer.