The Hampshire Cos. has sold a 30-building, 1.3 million-square-foot industrial portfolio in New Jersey to Colony Industrial, in a newly announced transaction by CBRE.
A four-acre industrial development site in Carteret has changed hands, under a newly announced transaction by Bussel Realty Corp.
Brokers with HFF are seeking a buyer for a 288-unit apartment complex in Carteret, touting the property’s below-market rents and the opportunity for value-add upgrades.
Seagis Property Group has added to its New Jersey portfolio with the acquisition of a 93,000-square-foot warehouse in Carteret.
Industrial space in and around New Jersey continued to attract household names in the first quarter, as leasing activity remained on a strong and steady pace to start the year.
The Hampshire Cos. has continued its expansion into the self-storage business, marking the opening of a new 82,000-square-foot complex in Carteret.
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.
A global distributor of essential oils and aromatic chemicals has unveiled a new 200,000-square-foot solar array at its headquarters facility in Carteret, the firm announced recently.
A manufacturer that is moving operations from Brooklyn has purchased a 55,560-square-foot industrial building in Carteret, in a $5.1 million sale brokered by Bussel Realty Corp.