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.

People
Woodmont’s Zlotnick to assume EVP role in Florida, as firm promotes Miller to COO

Lewis Zlotnick, Woodmont Properties’ longtime president, is shifting to a new role as executive vice president of the firm’s growing Florida division, in a move that comes alongside a key promotion on its executive team.

Retail
NAIDB inks 3,000 sq. ft. retail lease, $3.4 million industrial sale in Kenilworth

A dance studio has signed a new lease and an industrial building has changed hands, both in Kenilworth, under a set of deals arranged by NAI DiLeo-Bram & Co.

Industrial
Joint venture acquires 10-acre industrial outdoor storage property in Sayreville

Brennan Investment Group, Global Gate Capital and Ridgecut Road have acquired a 10-acre industrial outdoor storage property in Sayreville, the joint venture announced Monday.

Industrial
Petrucci breaks ground on Vineland cold storage facility, having built in 100+ municipalities

J.G. Petrucci Co. Inc. has broken ground on nearly 260,000 square feet of cold storage space in Vineland, in a project that marks a major milestone for the company.

Deals
Two-building, 16,000 sq. ft. commercial portfolio in Dumont sold for $2.6 million, Equity says

A business owner in Dumont has sold two commercial buildings totaling more than 16,000 square feet, in a newly announced deal by Equity Real Estate Brokerage LLC.

Industrial
New Jersey’s first high-end electric truck charging lot coming to Newark

The owner of what will be an electric truck charging lot in Newark has tapped Cushman & Wakefield as its leasing agent, in what brokers describe as a first for the New Jersey market.

Industrial
NAI Hanson: Floral designer outgrows home office, takes 2,000 sq. ft. at Sparta flex building

A floral designer has leased more than 2,000 square feet at an industrial flex building in Sparta, in a newly announced deal by NAI James E. Hanson.

Industrial
Endurance, JLL ink leases at new two-building, 289,000 sq. ft. industrial park in Burlington

Endurance Real Estate Group LLC has completed two leases that have helped fill nearly 300,000 square feet of newly delivered warehouse space in Burlington Township.

Industrial
Blau & Berg: State extends 13,000 sq. ft. lease at East Hanover industrial, research building

The state of New Jersey has extended its lease for more than 13,000 square feet at an East Hanover industrial building, brokers with The Blau & Berg Co. announced Tuesday.

Industrial
Marcus Partners acquires soon-to-be-vacant, 112,000 sq. ft. industrial building in Boonton

Marcus Partners has added to its holdings in northern New Jersey with the purchase of more than 110,000 square feet of industrial space in Boonton.