Industrial
Heller taps JLL for new 674,000 sq. ft. logistics facility at 8A, in a first for storied developer

Heller Industrial Parks has taken the wraps off nearly 675,000 square feet of new industrial space in South Brunswick, having tapped JLL as its first-ever outside leasing team for a project.

Industrial
Former longtime Heller leasing executive Paster joins BRC as vice president

Bussel Realty Corp. has deepened its bench with the addition of David Paster, a longtime leasing executive at Heller Industrial Parks and other New Jersey commercial real estate firms.

Industrial
BRC: Logistics firm doubles footprint in Edison, expands lease to 180,000 sq. ft.

A third-party logistics firm has taken more than 92,000 square feet of additional space in Edison, doubling its footprint within a portfolio owned by Heller Industrial Parks.

Industrial
Heller, Williams-Sonoma sign 1.2 million sq. ft. lease at 8A spec industrial project

Heller Industrial Parks has preleased a nearly 1.2 million-square-foot industrial project in South Brunswick, landing a full-building commitment from home goods retailer Williams‐Sonoma.

Industrial
Transwestern taps Banaszynski as partner with national development arm

Industry veteran Brian Banaszynski has joined Transwestern’s national development arm, where he will spearhead the firm’s expansion into the Northeast industrial market.

Industrial
Banaszynski steps down as Heller president

Brian Banaszynski, the president of Heller Industrial Parks for the past five years, has left the Edison-based company.

Industrial
Heller touts 4 million sq. ft. in 2017 activity

A distributor of industrial products has leased 90,000 square feet in Edison, in one of nearly three dozen transactions that helped Heller Industrial Parks maintain full occupancy in 2017.

Industrial
After record year, panelists still bullish (but cautious) on N.J. industrial sector

The state’s industrial market is firing on all cylinders, but just how long will it last? A panel of leading owners and brokers tackled that very question last week, gauging everything from rental rates to the demand from institutional investors. And while the recent political turmoil has created some uncertainty, they said New Jersey’s location and the growth of so-called last mile distribution needs will ensure the market’s continued strength in the year ahead.