Rent growth and falling vacancy show no signs of slowing down for Meadowlands industrial space, thanks in large part to the continued flight of tenants from New York City.
After blockbuster industrial sale, Bridge details what comes next in N.J.
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.
