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
PPP: Maker of air filtration products buys 32,000 sq. ft. facility in Hopewell

A global manufacturer has acquired a 32,000-square-foot flex industrial building in Hopewell, in a newly announced deal by Princeton Property Partners.

Industrial
Accordia buys two-building, 97,000 sq. ft. shallow-bay portfolio in Charlotte

Accordia has expanded its footprint in the Southeast with its acquisition of more than 97,000 square feet of industrial space in Charlotte, the company said Monday.

Industrial
CoreOne adds two-building, 64,000 sq. ft. shallow-bay portfolio in Waldwick, AY says

CoreOne Industrial has acquired a nearly 64,000-square-foot industrial portfolio in the Bergen County borough of Waldwick, according to a brokerage team with Avison Young.

Industrial
NAIDB: Warehouse user inks full-building deal for 11,000 sq. ft. in Roselle

A private industrial user has leased more than 11,000 square feet at a Roselle warehouse, in a newly announced deal by NAI DiLeo-Bram & Co.

People
Denholtz’s Omundsen named 2025 Connect CRE Next Generation Awards honoree

A trade publication has recognized Shane Omundsen, vice president of acquisitions with Denholtz, as a rising star and a key player in the firm’s growing national footprint.

Industrial
Brookfield leases up new 152,000 sq. ft. industrial building in Union, Lee & Associates says

Brookfield Properties has preleased a nearly 152,000-square-foot industrial building in Union Township, in a newly announced deal by Lee & Associates – WBE New Jersey.

Industrial
JLL: Ridgecut Road buys six-acre Fairfield industrial property, secures acquisition loan

Ridgecut Road has acquired and secured financing for a low-coverage industrial property in Fairfield, in a set of transactions arranged by JLL’s capital markets team.

Finance & Capital Markets
Faropoint, Deugen ink $33 million loan for 195,000 sq. ft. New Brunswick warehouse project

Faropoint and Deugen Development have closed on a $33 million construction loan for a new two-building industrial project in New Brunswick, in a deal arranged by Cushman & Wakefield.

Industrial
Longtime broker, development executive Beyda joins Newmark after five years with Woodmont

Newmark has made a key addition to its New Jersey brokerage team, hiring Steven Beyda as an executive managing director with its Industrial Advisory Group.

Industrial
Truck repair shop takes 5,200 sq. ft. in Bound Brook industrial deal, Sheldon Gross says

A commercial truck repair business has leased nearly 5,200 square feet of industrial space in Bound Brook, according to a brokerage team with Sheldon Gross Realty.