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
TDC sells newly built 311,000 sq. ft. Branchburg industrial project, Avison Young says

Transwestern Development Co. has completed its sale of a new 311,000-square-foot industrial facility in Branchburg that it built on behalf of a medical supply company.

Industrial
Woodmont completes renovations at 30,000 sq. ft. warehouse in Lyndhurst

Woodmont Industrial Partners has taken the wraps off a newly renovated, 30,000-square-foot industrial building in the heart of the Meadowlands submarket.

Industrial
Blau & Berg: Parent of Mike’s Amazing mayo, mustard leases 59,000 sq. ft. in Saddle Brook

The maker of Mike’s Amazing condiments and other products has signed a new 59,000-square-foot industrial lease in Saddle Brook, brokers with The Blau & Berg Co. announced.

Finance & Capital Markets
JLL: Bridge Industrial inks $29 million loan for spec warehouse project in South Plainfield

Bridge Industrial has closed on a nearly $29 million construction loan for a project that will bring more than 167,000 square feet of new industrial space to South Plainfield.

Finance & Capital Markets
Veteran broker Pizzolato joins Accordia as EVP for acquisitions, capital markets

Accordia Realty Ventures has tapped Matthew Pizzolato as its executive vice president for acquisitions and capital markets, in a key hire aimed at supporting its expansion plans.

Industrial
Principal leases new 191,000 sq. ft. industrial building in North Brunswick, C&W says

Principal Asset Management has secured a tenant for more than 191,000 square feet of new industrial space in North Brunswick, in a deal arranged by Cushman & Wakefield.

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.