Industrial owners pivot to new (and old) strategies amid challenges to development, capital stack

Industrial owners in New Jersey are adapting to a climate of caution in the capital markets, cooling demand from tenants and growing local resistance to large warehouse projects. Some see it as a chance to double down in a market that they feel is still fundamentally sound, despite a slowdown in big-box leasing, as others pivot to different, more conservative approaches.

Bridge acquires 115,000 sq. ft. industrial service facility in Linden

Bridge Industrial has made another deal under its growing acquisition platform, adding a 115,000-square-foot service facility in Linden.

McGuinness reflects on 26 years at NAIOP, as industry leaders praise outgoing CEO

In an interview, outgoing NAIOP New Jersey CEO Michael McGuinness reflected on a tenure that’s been marked by service, stability and impressive membership growth, as chapter leaders touted a record of persistent yet professional advocacy that has earned the respect of both industry executives and government officials throughout the state.

High praise: NAIOP leaders pay tribute to outgoing CEO McGuinness

We asked commercial real estate industry leaders for their thoughts on NAIOP New Jersey CEO Michael McGuinness, who is retiring next month after more than 25 years in the role.

JLL: Bridge lands $64 million construction loan for 211,000 sq. ft. spec warehouse in Newark

Bridge Industrial has secured $64.3 million in financing to build more than 200,000 square feet of new logistics space in Newark’s port district, brokers with JLL announced.

Bridge acquires 152,000 sq. ft. Somerset warehouse under new value-add platform

Bridge Industrial has completed its first deal in New Jersey under a recently launched value-add platform, acquiring more than 150,000 square feet of newly built space in Franklin Township.

Bridge Industrial breaks ground on 1 million sq. ft. Perth Amboy logistics campus

Bridge Industrial has broken ground on a project that will add more than 1 million square feet of new warehouse and logistics space to Perth Amboy, while helping to repurpose another once-contaminated site along the city’s waterfront.

Lee & Associates: BlackRock buys 300,000 sq. ft. Piscataway warehouse for $80 million

BlackRock Realty Advisors has purchased a nearly 300,000-square-foot industrial building in Piscataway for $80 million, in one of two deals announced by Lee & Associates New Jersey.

Pillar Care raises nearly $2 million at gala honoring Bridge Industrial’s Milanaik

A nonprofit serving people with disabilities has raised nearly $2 million with the help of Bridge Industrial’s Jeff Milanaik, the veteran developer and longtime supporter of the organization.

Bridge Industrial inks $33 million construction loan for East Hanover project, JLL says

Bridge Industrial has obtained a $33 million construction loan for a project that will bring more than 300,000 square feet of new warehouse space to Morris County.