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.

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.

Industrial
With redevelopment in sight, KRE Group begins demolition of former Navy complex in Ewing

Demolition is underway at a shuttered U.S. Navy facility in Ewing, where Kushner Real Estate Group plans to build nearly 350,000 square feet of new warehouse and flex space.

Industrial
E-Z Cargo takes 43,000 sq. ft. with outdoor storage space in Parlin, BRC says

A freight forwarder has signed a lease in Old Bridge for a 43,000-square-foot industrial building with nearly seven acres of outdoor storage space, brokers with Bussel Realty Corp. announced.

Industrial
Developers nearing completion of 300,000 sq. ft. warehouse project in Elizabeth

Nearly 300,000 square feet of new industrial space is coming to Elizabeth as part of a two-building project by Brookfield Properties, Elberon Development Group and DH Property Holdings.