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.

Deals
Resource Realty details eight new leases, sales spanning 400,000 sq. ft.

Resource Realty of Northern New Jersey has announced a flurry of recent deals, completing eight lease and sale transactions spanning nearly 400,000 square feet of commercial space.

Industrial
Blau & Berg: Warehousing, distribution user acquires 12,000 sq. ft. Newark industrial building

The longtime owners of a 12,000-square-foot industrial building in Newark have sold the facility, according to a brokerage team with The Blau & Berg Co.

Retail
NAI Hanson: Shed, gazebo supplier buys neighboring commercial property in Hackettstown

A supplier of sheds, pool houses and other products has acquired more than 11,000 square feet of retail and industrial space in Hackettstown, brokers with NAI James E. Hanson announced.

Industrial
Larken eyes Q4 delivery for new 50,000 sq. ft. flex industrial project in Flemington

Larken Associates has broken ground on a project that will add 50,000 square feet to its portfolio of flex industrial space in Flemington.

Industrial
New supply still weighing on New Jersey industrial market, despite strong leasing volume

A wave of new warehouse deliveries in New Jersey continued in the second quarter, putting upward pressure on vacancy rates despite millions of square feet of leasing activity.

Industrial
BRC: 3PL firm takes 80,000 sq. ft. in Edison industrial sublease

A third-party logistics firm has subleased 80,000 square feet of industrial space in Edison, in a newly announced deal by Bussel Realty Corp.

Industrial
Petrucci nearing halfway point of 88,000 sq. ft. industrial project in Warren County

Nearly 88,000 square feet of new industrial space is coming to the western edge of Warren County in a facility that’s now under construction by J.G. Petrucci Co. Inc.

Industrial
Blau & Berg: Terreno inks lease in Kearny with drayage, trucking company

Terreno Realty Corp. has secured a tenant for a two-acre maintenance and industrial outdoor storage property in Kearny, in a newly announced deal by The Blau & Berg Co.

Industrial
TCC leases 342,000 sq. ft. for first deal at new 1 million sq. ft. Sayreville logistics campus

A wholesale distributor has leased one of three buildings at a new logistics park in Sayreville, committing to more than 342,000 square feet under a deal with Trammell Crow Co.

Professional Services
March Construction announces three promotions, including new chief operating officer

March Construction has promoted Thomas A. Cavallero to chief operating officer, while elevating Dawn St. Denis to assistant controller and Thomas Easse to senior project manager.