The Port of New York and New Jersey saw record container volume in 2022, making it the second-busiest U.S. shipping hub and signaling continued demand for area warehouse space.
A sprawling industrial park in Linden is nearing completion after four years of construction, a span in which warehouse demand soared to historic highs before a recent pullback, as its developers mull plans to tap into the growing market for outdoor trailer storage.
A sprawling industrial park in Linden is nearing completion after four years of construction, a span in which warehouse demand soared to historic highs before a recent pullback, as its developers mull plans to tap into the growing market for outdoor trailer storage.
CenterPoint Properties has broken ground in Linden on a building that will house more than 320,000 square feet of new industrial space minutes from Port Newark-Elizabeth.
A cabinet wholesaler has signed a full-building lease for nearly 15,000 square feet of industrial space in Linden, according to brokers with Bussel Realty Corp.
Industrial rents in northern and central New Jersey continued to soar in the third quarter, amid ongoing demand for relatively few spaces and locations near the New Jersey Turnpike, fueling deals such as Samsung’s lease for more than 735,000 square feet in Linden.
A Dallas-based firm has expanded its New Jersey holdings with the addition of a 10-acre industrial site in Union County, under a deal arranged by Cushman & Wakefield.
A millwork business has signed a full-building, 14,500-square-foot commitment at a Linden industrial property, in a newly announced deal by Bussel Realty Corp.
An investment group has acquired a 25-unit apartment building in Jersey City’s West Bergen neighborhood, in one of several recent deals by B6 Real Estate Advisors.
An investment manager has purchased a two-building, 170,000-square-foot industrial portfolio in Linden, completing the latest acquisition by its growing Northeast office.
