NAIOP New Jersey unveils deal of the year finalists for industrial, office projects

NAIOP New Jersey has announced seven finalists for its coveted Deal of the Year honors, with plans to unveil the winners at its annual awards gala slated for early October.

Newmark: Joint venture lands $76 million loan for 433-acre life sciences campus in Hopewell

An asset management firm is providing $76 million in financing for an investment group’s recent purchase of a 33-building, 1.11 million-square-foot life sciences campus in Hopewell.

C&W sources $115 million loan for LEG industrial development in Rutherford

A global investment manager is providing a $115 million construction loan for Lincoln Equities Group’s recently announced, 360,000-square-foot industrial project in Rutherford.

LEG touts lease with Amazon for 360,000 sq. ft. Meadowlands distribution center project

Lincoln Equities Group has attracted Amazon to a planned industrial complex in the Meadowlands, inking a 360,000-square-foot lease with the e-commerce giant.

JLL: Lincoln Equities, PCCP acquire Rockland County industrial portfolio for $54 million

An industrial portfolio some 10 miles north of Bergen County has sold for more than $50 million, in a deal arranged by JLL’s Morristown-based capital markets team.

UPS coming to 880,000 sq. ft. logistics center in Bayonne, city officials say

A new UPS distribution center is coming to Lincoln Equities Group’s sprawling new industrial park in Bayonne, where officials say the carrier would lease nearly 900,000 square feet.

JLL: Lincoln Equities sells Long Island logistics center for $75 million

Lincoln Equities Group has sold just under 200,000 square feet of new industrial space on Long Island for $74.5 million, in a deal completed by JLL’s New Jersey brokerage team.

Gene therapy company takes 62,000 sq. ft. at massive life sciences campus in Hopewell

Another life sciences company is coming to the 1.14 million-square-foot former Bristol-Myers Squibb campus in Hopewell, where it plans to lease 62,000 square feet of laboratory space.

Rockefeller Group breaks ground on 400,000 sq. ft. industrial project in Middlesex

Rockefeller Group has started construction on a new 400,000-square-foot distribution center, as it expands upon its recently built, 2.1 million-square-foot logistics campus in Piscataway.

How will industrial building design, construction or functionality change in 2021?

How will industrial building design, construction or functionality change in 2021? We assembled a panel of industry experts to tackle this month’s question.