Smaller deals are looming large in New Jersey’s industrial market, helping to drive occupancy gains as developers eye continued momentum in the second half of the year.
Seagis Property Group has secured a new tenant for a 26,000-square-foot industrial building in Woodbridge, in one of two newly announced deals by Bussel Realty Corp.
NAIOP New Jersey has announced its Deal of the Year winners in the office and mixed-use categories as well as three finalists for the industrial sector, with plans to highlight the honorees at its 37th annual Commercial Real Estate Awards Gala in mid-May.
Denholtz Properties CEO Steven Denholtz will be the latest recipient of NAIOP New Jersey’s lifetime achievement award, headlining a list of honorees for the chapter’s spring gala that will also include its own former longtime chief executive.
A developer has secured local approvals for a plan that would bring 78 new apartments and ground-floor commercial space to a site near Carteret’s municipal complex.
A five-building, 405,000-square-foot portfolio of new industrial space in Carteret and West Caldwell has changed hands, in a deal arranged by brokers with Newmark.
Crow Holdings Development has secured its first tenant at a new 1.2 million-square-foot industrial park in Carteret, leasing 188,000 square feet to a third-party logistics firm.
Kaplan Cos. is stepping up the expansion of its commercial division, with a focus on new self-storage development and efforts to reposition retail assets to meet changing consumer needs.
A fitness equipment company has leased more than 43,000 square feet of industrial space in Cranbury, in the largest of three interconnected deals arranged by Bussel Realty Corp.
