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.

Seagis acquires 159,000 sq. ft. Middlesex County warehouse for $24 million

Seagis Property Group LP has acquired a nearly 160,000-square-foot industrial building in Metuchen, with plans to upgrade the property with a multimillion-dollar investment.

Logistics firm expands to New Jersey with 57,000 sq. ft. Meadowlands lease

A logistics firm is coming to New Jersey after leasing more than 57,000 square feet of industrial space in East Rutherford, brokers with NAI James E. Hanson announced Tuesday.

Manufacturers returning to Pennsauken complex after leasing 376,000 sq. ft.

The owner of a repurposed former aluminum plant in Pennsauken has leased nearly 380,000 square feet at the site, in a set of deals that will bring a familiar use to the property.

Denver-based firm buys 26,000 sq. ft. Meadowlands warehouse, NAI Hanson says

NAI James E. Hanson has brokered the sale of a 26,112-square-foot industrial building in Carlstadt, according to a Monday announcement.

Inside the deal to create Newark’s ‘mini-Hollywood’ at new $125 million studio complex

Plans to build a $125 million television and film production studio in Newark’s South Ward are expected to help cement efforts to build a durable infrastructure for the industry in New Jersey. They’re also the culmination of decades of wishful thinking in the city and, more recently, years of complicated deal-making that involved some of state’s biggest players, including Gov. Phil Murphy, as part of an aggressive push to attract productions and studio operations.

Zimmel: Investor buys 30,000 sq. ft. Monmouth flex building, development site

An investment group has purchased a 30,000-square-foot flex building in Aberdeen, with plans to build a new structure alongside it thanks to an approval secured by the seller.

Cell tower repair business takes 6,200 sq. ft. in Hackensack

NAI James E. Hanson has negotiated a 6,200-square-foot lease for industrial space at 262 Hudson St. in Hackensack.

Forsgate acquires 4.6-acre Meadowlands development site, NAI Hanson says

Forsgate Industrial Partners has acquired a former hotel property in Lyndhurst that figures to be a prime development parcel at the intersection of two major highways.

STRO names new director of construction

The STRO Cos. has hired a 15-year construction industry veteran to support its in-house team and the ongoing growth of its commercial real estate portfolio.

Deugen plans early 2023 delivery for new 47,000 sq. ft. Meadowlands warehouse facility

Deugen Development has broken ground on a project that will bring nearly 50,000 square feet of much-needed, modern industrial space to the Meadowlands submarket.