Two decades’ worth of infrastructure upgrades are paying dividends for New Jersey’s booming port region, supporting a surge in cargo volume that is poised to sustain the growth in the state’s industrial market.
After blockbuster industrial sale, Bridge details what comes next in N.J.
After the sale of more than 3 million square feet of industrial space in New Jersey — part of a three-state, $700 million deal announced earlier this fall — Bridge Development Partners is well on its way toward refilling its pipeline in the Garden State. Jeff Milanaik, regional partner for Bridge, said the firm is under contract for a series of sites in northern and central New Jersey that could pave the way for another 6 million square feet of development activity.
