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
JLL: Owner-occupier seeking buyer for 169,000 sq. ft. light industrial building in Fairfield

The site of a nearly 170,000-square-foot light industrial building in Fairfield is on the market for sale, providing what brokers say is a value-add opportunity in a tight submarket.

Industrial
STRO, Moda Foods ink 23,000 sq. ft. industrial lease in Fairfield, C&W says

The STRO Cos. has secured a new tenant for a Fairfield industrial building after agreeing to lease nearly 23,000 square feet to a specialty foods distributor.

Industrial
Seagis Property Group names Ahmed as chief development officer

Seagis Property Group has appointed veteran commercial real estate executive Omer Mir Ahmed as its chief development officer.

Industrial
BRC: Food distributor, flooring business complete trade of 7,200 sq. ft. Belleville warehouse

A specialty foods distributor has sold more than 7,000 square feet of industrial space in Belleville, in a newly announced deal by Bussel Realty Corp.

Industrial
Profeta lands approvals for 1.1 million sq. ft. industrial project at New Jersey Turnpike Exit 8

PVP Exit 8 LLC, an affiliate of Paul V. Profeta & Associates Inc., has secured approvals to build 1.1 million square feet of new industrial space adjacent to the New Jersey Turnpike in East Windsor, capitalizing on a site that is a 45-second drive from the highway’s northbound lanes.

Industrial
Donnelly unveils 26,000 sq. ft. warehouse in Wayne leased to cold storage user

Donnelly Construction has completed a nearly 26,000-square-foot warehouse in Wayne with a tenant in hand, in the first of two new buildings at a development site near Route 23.

Industrial
Medical device maker signs 85,000 sq. ft. extension in Totowa, Avison Young says

A medical device manufacturer in Fairfield has signed a lease renewal and extension for nearly 85,000 square feet, brokers with Avison Young announced recently.

Deals
Linden: Logistics firm signs 50,000 sq. ft. industrial lease in deal by McBride, BRC

A freight forwarding and logistics firm has leased 50,000 square feet at a warehouse just off Route 1&9 in Linden, brokers with McBride Corporate Real Estate announced.

Industrial
Pickleball club leases 20,000 sq. ft. at new Hillsborough industrial building, Zimmel says

An indoor pickleball club has taken 20,000 square feet at a newly completed industrial building in Hillsborough, according to a brokerage team with Zimmel Associates.

Industrial
Deugen sells new 48,000 sq. ft. warehouse in East Rutherford after successful redevelopment

Deugen Development has sold a nearly 48,000-square-foot industrial building in East Rutherford, in the culmination of a redevelopment plan that began less than three years ago.