Five industrial buildings in Newark, Linden and Edison have changed hands in a series of deals arranged by Cushman & Wakefield, the firm said Thursday.
Blue Apron has taken the wraps off its new 495,000-square-foot fulfillment center in Linden, where the meal kit delivery service plans to employ more than 2,000 people in the year ahead.
Brokerage firm HFF has secured a $162 million loan to help Hartz Mountain Industries refinance a 13-building, 2.67 million-square foot industrial portfolio in northern New Jersey.
Seagis Property Group has acquired a 504,000-square-foot industrial building in Linden and has embarked on a multimillion-dollar renovation at the property, Cushman & Wakefield announced.
HFF has arranged $7 million in acquisition financing for a real estate investment firm to acquire a fully leased 115,913-square-foot industrial building in Linden, the brokerage said Thursday.
A tenant that is relocating from Brooklyn will bring a 150,000-square-foot warehouse in Linden to full occupancy, following a deal brokered by Bussel Realty Corp.
