Industrial
Greek, Advance and Torchlight ink $24 million land sale in Logan for new 190,000 sq. ft. distribution facility

A global distributor is coming to a Logan Township industrial campus, where it will occupy a built-to-suit, 190,000-square-foot facility on land it acquired from the park’s developers.

Finance & Capital Markets
Greek scores $46 million bridge loan for new 287,000 sq. ft. Philly industrial building

Greek Real Estate Partners has closed on a $46 million bridge loan for more than 287,000 square feet of newly completed industrial space in Philadelphia, the firm announced this week.

Industrial
Greek breaks ground on 81,000 sq. ft. industrial project outside Philly, continuing expansion

Greek Real Estate Partners has lined up another project in Southeast Pennsylvania, adding a 12-acre site where it’s now building more than 81,000 square feet of new industrial space.

Industrial
Outsized impact: New Jersey warehouses support 1.35 million jobs, $113 billion in personal income, study finds

Warehouses and distribution centers in New Jersey are home to more than 760,000 on-site employees and support more than 1.35 million jobs overall, according to a newly released report, highlighting the vital role that the facilities play in the state’s economy.

Event Coverage
Legacy, advocacy in focus as NAIOP honors CRE leaders across generations

NAIOP New Jersey’s annual President’s Awards and Hall of Fame Reception drew a sold-out crowd as the chapter honored past, present and future commercial real estate leaders while looking ahead to new leadership in Trenton.

Editor’s Note
High stakes for CRE

Advocacy is central to a four-year strategic plan that NAIOP New Jersey unveiled at the start of 2025, as are other key goals such as creating new value for NAIOP members and improving the perception that public officials, residents and other outside stakeholders have of the commercial real estate sector. The blueprint also calls for elevating the chapter’s position in the industry, enhancing partnerships with academia and expanding its community service programs.

Cover Story
On the horizon: NAIOP New Jersey is future-focused (at a pivotal time), with strategic plan in place and a governor’s race looming

This year’s gubernatorial and legislative elections loom large amid NAIOP New Jersey’s new four-year strategic plan and its focus on advocacy, creating new value for its members and elevating the commercial real estate sector in the minds of outside stakeholders.

Photos
SLIDESHOW: The Road Ahead for Industrial

See the full slideshow from our Nov. 13 seminar, where the players behind New Brunswick’s revitalization discussed the city’s most iconic projects and what’s still to come.

Events
The road ahead for industrial: Join us Sept. 10 as we discuss the state of logistics, cold storage and more

Hear the latest in development, tenant demand and other trends in warehouse and logistics space.

Featured
Going global: Inside the growth of Asian logistics firms in New Jersey’s industrial market

Asia-based third-party logistics firms have played an increasingly important role in New Jersey’s industrial sector, creating new demand and helping to fill excess inventory after a recent surge in speculative construction. How those firms will be impacted by outsized tariffs and the U.S. trade war with China remains to seen, but developers are optimistic about what is now an established class of tenants.