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.

JLL: Essex County flex building sells for $4.15M

A one-story, 35,945-square-foot industrial and flex building in Fairfield has changed hands for $4.15 million, according to brokers with JLL.

Marcus & Millichap: Bergen County industrial building sells for $1.6M

A private investor has paid more than $1.6 million to acquire a 23,154-square-foot industrial property in Garfield, Marcus & Millichap said Thursday.

Accordia acquires two industrial buildings, plans another

More than a decade after its founding, a Fairfield-based real estate firm has entered the industrial market with two recent acquisitions and its plans for a new speculative warehouse project.

Brokers tout ‘intense interest’ in Fairfield industrial

An area real estate firm is touting activity in Fairfield, having recently brokered the sales of two industrial buildings and placing a third on the market.

Zimmel: Somerset warehouse fetches $6.7M after upgrades

Zimmel Associates has brokered the sale of a Somerset County industrial building for the second time in 10 months, following a series of upgrades by the property’s outgoing owner.

NAI Hanson brokers health care deals in Morris County

Two health care and life sciences companies have found new homes in Morris County, following a set of leases brokered by NAI James E. Hanson.

NAIOP unveils deal of the year finalists for upcoming gala

With two months to go until its annual gala, NAIOP New Jersey has revealed the finalists for its Deal of the Year Awards.

Zoltek brokers retail leases in downtown Passaic

An educational service and a staffing agency have leased retail space at the base of a newly renovated apartment building in downtown Passaic, the property’s broker said.

Cosmetics, perfume distributor buys Eatontown flex building for $5.5 million

A cosmetics and perfumes distributor will relocate within central New Jersey after acquiring a 75,000-square-foot flex building in Eatontown, according to the broker in the deal.

Investor plans major upgrades at warehouse after $19M acquisition

A private investor has paid nearly $19 million for a North Brunswick warehouse, where it plans to nearly double the building’s clear height as part of a major capital improvement.