Industrial owners adapting, unlocking new revenue streams as parking requirements soar

Demand for parking in and around industrial properties has soared in New Jersey, fueled largely by the use of large delivery fleets, spurring changes in building design and creating new revenue streams for industrial owners.

CBRE: Retailers turning to in-store fulfillment, extra staffing amid holiday crush

This year’s shortened holiday shopping season has placed added pressure on retailers and their shipping partners, prompting new in-store solutions for delivery and returns and the need to hire additional seasonal workers for distribution and fulfillment.

CenterPoint acquires 315,000 sq. ft. last-mile delivery hub in Jersey City

CenterPoint Properties has acquired a three-year-old, 315,389-square-foot industrial building in Jersey City, the latest addition to its fast-growing New Jersey portfolio.

Stro acquires 35,000 sq. ft. FedEx building in Roselle

The Stro Cos. has added to its string of recent industrial deals, acquiring a 35,000-square-foot FedEx facility in Union County.

Rent growth, preleasing continue in N.J. industrial market during Q1

Big box leases continued to drive New Jersey’s industrial market to start the year, keeping a lid on vacancy as speculative construction carries on throughout the region.

Joint venture acquires 50,400 sq. ft. Branchburg warehouse

Two Elizabeth-based developers have partnered once again, this time acquiring a Branchburg industrial building that serves as a FedEx distribution center.

Rockefeller marks milestones with cancer center, FedEx projects

The Rockefeller Group has marked another step in its high-profile redevelopment plan in Florham Park — and it’s preparing to celebrate another project less than 20 miles away.