Industrial
Industrial market finds balance in Q3 as leasing surges, construction slows in New Jersey
Industrial vacancy in New Jersey declined in the third quarter, as landlords enjoyed strong leasing momentum and a much-needed slowdown in new building deliveries.
Terreno sells 603,000 sq. ft. South Brunswick warehouse for $144 million
Terreno Realty Corp. has sold a 603,000-square-foot industrial property in South Brunswick for more than $144 million, the real estate investment trust announced Tuesday.
Turnbridge buys 143,000 sq. ft. South Brunswick warehouse for $24 million, eyes value-add plan
Turnbridge Equities has acquired more than 143,000 square feet of warehouse space in South Brunswick that it now plans to update with a roughly $4 million renovation.
PCCP, Stonemont snag $65 million bridge loan for new 296,000 sq. ft. warehouse in Passaic
The developers of nearly 296,000 square feet of new industrial space in Passaic have secured a $65.4 million bridge loan for the project, brokers with JLL announced Monday.
Sheldon Gross: Business owner buys Hackettstown commercial building for $1.5 million
A local business has acquired a 14,000-square-foot commercial building in Hackettstown for $1.45 million, according to a broker with Sheldon Gross Realty.
