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.

Professional Services
NIA National Realty adds Langan as director, eyeing expansion of brokerage team

NIA National Realty has tapped longtime industry executive Joseph Langan as a director with its Paramus-based team.

Industrial
JLL inks sale of new 104,000 sq. ft. Long Island industrial building

A developer has sold a nearly 104,000-square-foot industrial building in New York’s Suffolk County, in a deal arranged by JLL’s Morristown-based capital markets team.

Industrial
Industrial user expands with purchase of 98,000 sq. ft. Northvale facility, NAI Hanson says

A private business has acquired a nearly 98,000-square-foot industrial building in the Bergen County borough of Northvale, in a newly announced deal by NAI James E. Hanson.

Industrial
Link Logistics unveils new 164,000 sq. ft. warehouse at Kearny redevelopment site

Link Logistics has taken the wraps off a new industrial building in Kearny, delivering nearly 164,000 square feet of modern space under a project that it said was five years in the making.

Industrial
Trammell Crow Co. taps Fraser to lead industrial development in NYC metro

Trammell Crow Co. has hired Jessica Fraser as a senior vice president tasked with leading its industrial development throughout the New York City metro region.

Industrial
Blau & Berg: Auto exporter leases 5.5-acre industrial outdoor storage parcel in Newark

A global auto exporter has leased an industrial outdoor storage parcel in the heart of Newark’s port district, in a transaction arranged by The Blau & Berg Co.

Industrial
Hardware distributor signs 49,000 sq. ft. lease renewal in Lincoln Park, CBRE says

A hardware distributor has inked a lease renewal at a nearly 49,000-square-foot industrial building in Lincoln Park, according to a brokerage team with CBRE.

Industrial
DXD Capital unveils new 761-unit Public Storage facility in Toms River

Private equity investor DXD Capital has taken the wraps off a new climate-controlled, 761-unit self-storage building in Toms River.

Finance & Capital Markets
JLL: Petrucci lands JV equity, Provident construction loan for Bucks County warehouse project

J.G. Petrucci Co. Inc. has secured joint venture equity and construction financing for a 330,000-square-foot industrial project in Pennsylvania’s Bucks County, brokers with JLL announced.

Technology
Dialed up

It seems rare to have an asset class whose inventory has largely stood still for a decade or more, yet that’s been the story for the data center market here in New Jersey, as developers and users have flocked to…