New Jersey industrial leasing jumps in Q1 as top-tier tenants return (in search of top-tier space)

Blue-chip tenants are coming back to New Jersey’s industrial market, boosting lease activity to start the year as occupiers search for higher-end warehouse and logistics space.

Prologis buys 1.1 million sq. ft. industrial portfolio at Exit 8A in reported $197 million deal

Prologis Inc. has added more than 1 million square feet in the region with its acquisition of two industrial properties in Monroe Township, in a deal arranged by Cushman & Wakefield.