LEG inks 303,000 sq. ft. lease at Hudson Valley logistics park with sustainable snack maker

Lincoln Equities Group has leased more than 303,000 square feet to a maker of clean and organic snack foods, filling one of two new industrial buildings in New York’s Putnam County.

Real Estate NJ’s 2025 Market Forecast

Commercial real estate leaders have entered 2025 with varying levels of optimism. That’s evident from this year’s Real Estate NJ Market Forecast, where you’ll find everything from caution to confidence about how the sector will perform as it balances strong fundamentals in several key asset classes with new regulatory headwinds, nagging inflation and what seems to be a lingering lack of clarity over when lower interest rates will truly impact the industry.

You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.

Owners Council Q&A: Lance Bergstein

The macro environment had an exponential effect on the commercial real estate market. The impact of increased inflation and borrowing rates magnified some of the underlying fundamentals in the New Jersey market. With that said, the industrial market in the state remained strong in comparison to the rest of the country. The scarcity of developable land in prime locations for logistics prevented rental rate cuts from becoming prevalent in the overall market. There is strong tenant demand, however, corporate spending approvals have been the barrier. As spending approvals become more attainable, there will not be enough chairs (buildings) left for tenants when the music stops. I continue to believe that New Jersey is underserved from an industrial and housing perspective and am very bullish on the activity our market will see in the next 18 months.

Owners Council Roundtable: Besides the capital markets, what is a major challenge that the industry still faces?

We posed the question to members of our 2024 Owners Council. Here’s what they had to say.

C&W: Lincoln Equities, PCCP refi new 333,000 sq. ft. warehouse in Bayonne for $126 million

Lincoln Equities Group and PCCP LLC have secured more than $126 million to refinance nearly 333,000 square feet of newly built industrial space in Bayonne.

New 127,000 sq. ft. lease with biotech firm among latest deals by Lincoln Equities Group

Lincoln Equities Group has secured another tenant for its Princeton West Innovation Campus in Hopewell, inking a 127,000-square-foot lease with a locally based biotech company.

LEG scores $61 million construction loan for 420,000 sq. ft. Hamilton industrial project

Lincoln Equities Group has landed nearly $61 million in financing to build more than 420,000 square feet of new industrial space in Hamilton, brokers with Cushman & Wakefield said.

LEG kicks off 204,000 sq. ft. warehouse project in long-awaited redevelopment in Belleville

Lincoln Equities Group has broken ground on a project that will bring more than 200,000 square feet of high-end warehouse space to Belleville, adding new supply to a growing submarket while revitalizing a blighted and long-contaminated site along Route 21.

C&W: LEG inks $54 million construction loan for 204,000 sq. ft. Belleville industrial project

Lincoln Equities Group has landed nearly $54 million in financing to build more than 204,000 square feet of new industrial space in Belleville, brokers with Cushman & Wakefield said.

C&W: Developers buy Hamilton parcel slated for 420,000 sq. ft. industrial project

A joint venture has purchased more than 48 acres in Hamilton with approvals to build a new 420,000-square-foot industrial facility, brokers with Cushman & Wakefield announced.