Industrial
Kislak: Pennington industrial park changes hands for first time in 30 years, fetching $3.3 million
A longtime owner has sold a more than 30,000-square-foot industrial park in Mercer County for $3.3 million, in a newly announced deal by The Kislak Co. Inc.
LEG nears completion of new 420,000 sq. ft. logistics center in Hamilton
More than 420,000 square feet of new high-end industrial space is taking shape in Hamilton, bringing new life to a site that’s just off Interstate 295 and minutes from NJ Transit rail service.
Outsized impact: New Jersey warehouses support 1.35 million jobs, $113 billion in personal income, study finds
Warehouses and distribution centers in New Jersey are home to more than 760,000 on-site employees and support more than 1.35 million jobs overall, according to a newly released report, highlighting the vital role that the facilities play in the state’s economy.
C&W: Alexander Properties sells Mahwah, Fairfield industrial portfolio to Faropoint
Alexander Properties has sold a nearly 124,000-square-foot industrial portfolio in northern New Jersey to Faropoint, the fast-growing real estate investment manager based in Hoboken.
JLL: Bridge Industrial snags $27 million bridge loan for new Piscataway warehouse
Bridge Industrial has secured $27.1 million in bridge financing for a nearly 148,000-square-foot warehouse in Piscataway, in a newly announced deal by JLL.
