Urban Edge signs 130,000 sq. ft. industrial lease at converted retail building in Lodi

A developer that is converting a Lodi retail building into industrial space has landed a tenant for the project, inking a 130,000-square-foot lease with a grocery wholesaler.

New Jersey industrial rents hold strong during COVID outbreak, brokerage firms say

The pandemic has not stifled rent growth in New Jersey’s industrial market, as Amazon and other e-commerce users continue to drive leasing and construction activity statewide.

REIT plans to convert Lodi retail building to last-mile industrial site, Resource Realty says

A real estate investment trust is set to convert a former big-box retail site in Lodi into more than 170,000 square feet of industrial space, the property’s leasing team announced Tuesday.

Gebroe-Hammer honors broker in $75 million, 487-unit portfolio sale

A broker with Gebroe-Hammer Associates has won a top honor from the firm in connection with last year’s $75 million sale of a 487-unit, 18-building portfolio in Hudson and Bergen counties.

CBRE: Investment group inks $75 million apartment sale in Bergen County

An investment group has reaped more than $75 million from the sale of two garden apartment complexes in Bergen County, brokers with CBRE announced Wednesday.

CBRE: Investor buys net-leased Lodi retail building for $53 million

An investor has acquired a 132,000-square-foot, triple-net-leased Home Depot property in Lodi for $53 million, under a newly completed transaction by CBRE.

Team Resources: HVAC supplier leases 11,000 sq. ft. in Lodi

A supplier of HVAC equipment and parts has leased 11,000 square feet in Lodi, in one of several recent Bergen County deals by Team Resources Inc.

Rental portfolio in Hudson, Bergen fetches $75 million

A private investor has acquired an 18-building, 487-unit multifamily portfolio in Hudson and Bergen counties, under a $75 million deal arranged by Gebroe-Hammer Associates.

New Jersey industrial sales top $900 million in Q3, NAI Hanson says

Investors have stayed bullish on New Jersey’s industrial market, driving more than $900 million in sales volume during the third quarter for warehouse and logistics space in the region.

NAI Hanson: Fashion company acquires 73,000 sq. ft. warehouse in Lodi

A fashion company has acquired a nearly 75,000-square-foot industrial building in Lodi, which it plans to use to both fulfill its e-commerce business and support a retail location in Manhattan.