Garibaldi: Appeal of urban, suburban submarkets on display in three new office leases

A broker with The Garibaldi Group has completed new office leases in Jersey City, Florham Park and Summit, highlighting the appeal of three distinct submarkets in New Jersey.

Peak Construction celebrates banner year, 25th anniversary amid growing client base

Peak Construction Corp., a design-build firm with a growing footprint in New Jersey, is celebrating a banner year as it also marks the 25th anniversary of its founding.

Black Creek lands $40 million loan for new Florence distribution center, C&W says

The developer of more than 500,000 square feet of new industrial space in Florence has secured a nearly $40 million construction loan, brokers with Cushman & Wakefield announced.

Construction firm touts start of 508,000 sq. ft. industrial project in Florence

Construction is set to begin on more than 500,000 square feet of new industrial space in Burlington County, the latest piece of a developer’s fast-growing portfolio in the state.

Black Creek, distributor ink 100,000 sq. ft. lease in Burlington, NAI Mertz says

A wholesale distributor is taking more than 100,000 square feet at a soon-to-be-completed industrial building in Burlington, according to a leasing team with NAI Mertz.

Auto parts seller takes 300,000 sq. ft. at new Black Creek industrial project in Florence

An auto parts seller has leased more than 300,000 square feet at a soon-to-be-completed industrial project in Burlington County, under a newly announced deal by NAI Mertz.

Construction underway at two-building, 574,000 sq. ft. industrial project in East Windsor

A contractor is touting the start of a project that will bring more than 570,000 square feet of new industrial space to the Exit 8 submarket along the New Jersey Turnpike.

New Jersey industrial rents hold strong during COVID outbreak, brokerage firms say

The pandemic has not stifled rent growth in New Jersey’s industrial market, as Amazon and other e-commerce users continue to drive leasing and construction activity statewide.

Black Creek Group acquires 172,000 sq. ft. industrial building in Robbinsville

An investment firm has added to its growing footprint in New Jersey with the purchase of a fully leased, 172,417-square-foot industrial building in Robbinsville.

I.CON panel: Industrial values holding strong, despite post-COVID uncertainty

Industrial space remains a coveted asset class for investors, despite questions about short-term rent growth and other uncertainties in the wake of the coronavirus crisis.