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
BRC inks sale of 10,000 sq. ft. Roselle industrial building to commercial printer

A commercial printer has acquired a more than 10,000-square-foot industrial building in Roselle, in a newly announced transaction by Bussel Realty Corp.

People
Larken’s Iacobucci promoted to CFO one year after joining firm

Larken Associates has promoted veteran industry executive David Iacobucci to chief financial officer, the Branchburg-based firm announced Tuesday.

Industrial
Stone importer takes 40,000 sq. ft. in New Brunswick industrial lease, Connors says

A stone supplier has leased 40,000 square feet of warehouse space in New Brunswick, in a deal arranged by the William F. Connors Agency.

Industrial
Ex-fitness facility in Glassboro trades in 25-acre deal by Vantage Commercial

A local business owner has acquired two parcels in Glassboro, including one that’s home to a 33,000-square-foot former athletic facility, in a deal by Vantage Commercial Real Estate.

Retail
Mixed-use portfolio in Morris Plains trades for $2 million, JLL says

The longtime owner of two mixed-use buildings and a warehouse in Morris Plains has sold the portfolio for $2 million, in a newly announced deal by JLL.

Industrial
RIPCO: Rug, home décor business inks 15,000 sq. ft. industrial lease in North Brunswick

A rug and home décor retailer has leased 15,000 square feet of industrial space in North Brunswick, in a newly announced deal by RIPCO Real Estate.

Professional Services
Langan’s Chun among five honorees for NAIOP’s 2023 Developing Leaders Award

NAIOP has recognized a senior project scientist with Langan Engineering & Environmental Services as a recipient of its 2023 Developing Leaders Award.

Industrial
Aspen acquires 83,000 sq. ft. industrial, office portfolio in Burlington in distressed asset deal

Private equity firm Aspen Real Estate has acquired nearly 83,000 square feet of industrial and office space at the junction of two key thoroughfares in Burlington Township.

Finance & Capital Markets
G.S. Wilcox closes $16.3 million in loans for Piscataway warehouse, Long Island retail center

The owner of more than 30,000 square feet of new industrial space in Piscataway has landed $5.7 million in financing, in one of two newly announced deals by G.S. Wilcox & Co.

Industrial
South Hackensack industrial space trades for second time in three years, NAI Hanson says

An electrical contractor has purchased a 5,300-square-foot industrial building in South Hackensack, in a newly announced deal by NAI James E. Hanson.