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
Hardware distributor signs 49,000 sq. ft. lease renewal in Lincoln Park, CBRE says

A hardware distributor has inked a lease renewal at a nearly 49,000-square-foot industrial building in Lincoln Park, according to a brokerage team with CBRE.

Industrial
DXD Capital unveils new 761-unit Public Storage facility in Toms River

Private equity investor DXD Capital has taken the wraps off a new climate-controlled, 761-unit self-storage building in Toms River.

Finance & Capital Markets
JLL: Petrucci lands JV equity, Provident construction loan for Bucks County warehouse project

J.G. Petrucci Co. Inc. has secured joint venture equity and construction financing for a 330,000-square-foot industrial project in Pennsylvania’s Bucks County, brokers with JLL announced.

Technology
Dialed up

It seems rare to have an asset class whose inventory has largely stood still for a decade or more, yet that’s been the story for the data center market here in New Jersey, as developers and users have flocked to…

Residential & Mixed Use
Clarion, MRP detail 500-unit residential phase at ex-Burlington Center Mall site

Construction is set to begin on 500 new apartments that will mark another key piece of a plan to redevelop the long-vacant Burlington Center Mall property in Burlington Township.

Events
Petrucci welcomes more than 100, honors professionals for annual Leadership Awards Dinner (SLIDESHOW)

J.G. Petrucci Co. Inc. continued an annual tradition recently as it honored brokers, engineers and other professionals involved in its transactions and construction projects in 2023.

Industrial
LEG kicks off 204,000 sq. ft. warehouse project in long-awaited redevelopment in Belleville

Lincoln Equities Group has broken ground on a project that will bring more than 200,000 square feet of high-end warehouse space to Belleville, adding new supply to a growing submarket while revitalizing a blighted and long-contaminated site along Route 21.

Professional Services
Corporate acquisitions specialist O’Connor joins Resource Realty of Northern New Jersey

Resource Realty of Northern New Jersey has welcomed Blair O’Connor, a seasoned acquisitions executive, as a vice president in its Parsippany headquarters.

Industrial
JLL Northeast industrial team inks full-building, 541,000 sq. ft. prelease in Dutchess County

A joint venture has leased nearly 541,000 square feet of new logistics space in New York’s Dutchess County, in a deal arranged by JLL’s East Rutherford-based Northeast industrial unit.

Industrial
Connors inks 15,000 sq. ft. industrial lease in Elizabeth

An undisclosed business has leased nearly 15,000 square feet at an Elizabeth industrial building, in a deal arranged by The William F Connors Agency.