A tenant from just over the state’s northern border will relocate to a warehouse in Mahwah, after acquiring the site in a deal brokered by NAI James E. Hanson.
An executive with Equity Real Estate Brokerage LLC has started the year with a series of new industrial sales and leases in Bergen and Essex counties, the firm said Wednesday.
The new owner of a 305,250-square-foot warehouse in Mount Laurel is repositioning the property, with the help of $10 million in financing arranged by brokers with HFF.
Bussel Realty Corp. has brokered the sale of a 95,483-square-foot warehouse in Piscataway, where the buyer now plans to relocate a manufacturing operation from New York City to its newly acquired space.
Blue Apron has taken the wraps off its new 495,000-square-foot fulfillment center in Linden, where the meal kit delivery service plans to employ more than 2,000 people in the year ahead.
The state’s industrial market is firing on all cylinders, but just how long will it last? A panel of leading owners and brokers tackled that very question last week, gauging everything from rental rates to the demand from institutional investors. And while the recent political turmoil has created some uncertainty, they said New Jersey’s location and the growth of so-called last mile distribution needs will ensure the market’s continued strength in the year ahead.
Cushman & Wakefield has been tapped to oversee leasing for a new 182,000-square-foot industrial building that is coming to Raritan Center in Edison, the firm said Friday.
A party and tent rental business has acquired a 26,000-square-foot industrial building in South Hackensack, following a trade brokered by NAI James E. Hanson.
The political events of 2016 have ushered in a New Year that will be marked by dramatic change at both the federal and state levels.