As New Jersey has shown, the industrial sector has become the new darling of commercial real estate in recent years. That was all too clear from the sold-out crowd of more than 850 development executives and other key players who descended on this year’s I.CON event in Jersey City.
A lighting manufacturer is expanding its Northeast distribution center footprint as part of a recently announced, 264,085-square-foot lease in Cranbury with Duke Realty.
Officers of IOREBA joined panelists at the dais for the organization’s annual Developer Night, which drew hundreds of industry leaders to the Teaneck Marriott at Glenpointe. — Courtesy: William Neumann Photography By Joshua Burd Sellers of high-end office and industrial…
A veteran broker with CBRE was the firm’s top industrial producer in the Americas in 2017, with a series of deals headlined by high-profile transactions in Edison and Perth Amboy.
Bridge Development Partners has acquired the rights to build nearly 4 million square feet of industrial space near Interstate 78, following its $43 million purchase of a sprawling development site in Warren County.
At least for 2017, industrial became the new darling of institutional investors. Here are the top 10 industrial sales in New Jersey of 2017, according to Real Capital Analytics.
Jon F. Hanson of The Hampshire Cos. will be among the top honorees this spring at NAIOP New Jersey’s annual awards gala, headlining a list of influencers and key industry players.
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.
Warehouse and distribution space in New Jersey has become a prized asset class among institutions and other major investors, leading to increased competition, surging prices and more creativity by those looking to add industrial to their portfolio.