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
Seagis, logistics firm ink 202,000 sq. ft. lease at new-look Meadowlands warehouse

Seagis Property Group has secured a full-building tenant for more than 200,000 square feet of newly renovated industrial space in East Rutherford.

People
Barta retiring as director, V.P. of leasing and marketing after 30 years with Sanzari

Jerry L. Barta, a respected leasing executive and a fixture in northern New Jersey’s commercial real estate sector, is retiring after 30 years with Alfred Sanzari Enterprises.

Industrial
Family office looking to sell 121,000 sq. ft. Hudson County industrial portfolio, CBRE says

A family office is seeking a buyer for a series of commercial properties in New Jersey, including two industrial buildings and a vacant lot in Hudson County.

Industrial
STRO, KRE Group add 48,000 sq. ft. industrial property near Fort Lauderdale

The STRO Cos. and Kushner Real Estate Group have added to their portfolio in the Southeast, acquiring a two-building, 48,000-industrial property outside Fort Lauderdale, Florida.

Industrial
Galvanize buys 245,000 sq. ft. South Jersey warehouse, eyeing major decarbonization strategy

A global investment firm has purchased a 245,000-square-foot industrial building in Salem County, touting it as part of a strategy to reduce carbon emissions from commercial property.

Industrial
Deugen wins approval for two-building, 195,000 sq. ft. warehouse project in New Brunswick

An affiliate of Deugen Development has secured a key local approval for a plan that would bring nearly 200,000 square feet of new warehouse space to New Brunswick.

Industrial
Logistics user takes 109,000 sq. ft. in North Brunswick sublease, BRC says

A logistics firm has subleased 109,000 square feet at a North Brunswick industrial building, in a newly announced deal by Bussel Realty Corp.

Industrial
Hartz delivers new 515,000 sq. ft. warehouse in Teterboro, with JLL as its leasing team

Hartz Mountain Industries has taken the wraps off more than 515,000 square feet of new industrial space in Teterboro, as it markets the property alongside brokers with JLL.

Professional Services
A focused expansion: Scarinci Hollenbeck says it’s now a one-stop shop for real estate — with clear growth potential

It’s one thing to become the proverbial one-stop shop, as Scarinci Hollenbeck LLC has sought to do with a series of recent additions to its real estate department. But the Little Falls-based law firm has also keyed on what it sees as important growth areas in the space. That strategy is now taking shape at Scarinci, whose long-established real estate team has grown to 15 full-time attorneys from nine last summer, adding new expertise in everything from affordable housing and litigation to foreclosures and landlord-tenant disputes in the wake of the pandemic.

Industrial
Ridgecut Road adds 3.1-acre industrial service, outdoor storage property in Middlesex

Ridgecut Road has acquired a 3.1-acre industrial service and outdoor storage property in Middlesex Borough as part of a short-term sale-leaseback with an outgoing user.