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.

Professional Services
Kislak sees opportunity in market uncertainty, backed by deep ties and decades of service

Leaders of The Kislak Co. Inc. see a resilient market and sustained demand from property investors in 2023 — despite a short-term slowdown amid rising borrowing costs — arguing that buyers and sellers will still find value in multifamily and commercial assets.

Industrial
Former Dermody exec Preston joins BBX Logistics advisory committee

Gene Preston, the former Dermody Properties executive and NAIOP New Jersey president, has joined the advisory committee of a Fort Lauderdale, Florida-based industrial developer.

Industrial
Zimmel: New ground-up 55,000 sq. ft. warehouse coming soon to Hillsborough

Adoni Property Group is set to deliver nearly 55,000 square feet of new industrial space in Hillsborough, having tapped Zimmel Associates as its leasing team for the building.

Industrial
Urban Edge leases 286,000 sq. ft. at East Hanover industrial park

Urban Edge Properties has leased more than 286,000 square feet of industrial space in East Hanover after securing new long-term commitments from two tenants.

Industrial
Link, GXO Logistics ink 611,000 sq. ft. industrial lease in South Brunswick

A logistics firm has leased 611,000 square feet at a soon-to-be-updated industrial building in South Brunswick, in a newly announced deal by Lee & Associates New Jersey.

Industrial
LMC: New 78,000-square-foot warehouse coming to Piscataway’s Rutgers Industrial Center

Construction is underway on a new 78,000-square-foot industrial building in Piscataway, in the second speculative project to break ground recently at Rutgers Industrial Center.

Industrial
Marcus Partners acquires 89,000 sq. ft. Piscataway industrial building

Marcus Partners has added nearly 90,000 square feet to its New Jersey industrial portfolio with its purchase of a newly renovated property in Piscataway.

Industrial
Rockefeller: New 655,000 sq. ft. logistics center rising at ex-paper mill site in Spotswood

The transformation of a historic industrial site in Spotswood is taking shape, in a project that will bring some 650,000 square feet of new logistics space to the small Middlesex County borough.

Industrial
D4 Properties eyes new 275,000 sq. ft. industrial development in Warren County

D4 Properties has unveiled a proposal to bring nearly 275,000 square feet of new industrial space to a stretch of Interstate 78 in southwest Warren County.

Deals
Route 35 development parcel in Sayreville sold, in Blau & Berg-brokered deal

The Blau & Berg Co. has brokered the sale of nearly two-thirds of an acre in Sayreville that it says is now slated for future development.