A manufacturer has sold a nearly 28,000-square-foot light industrial building in Monroe Township for $3.8 million, under a deal arranged by NAI Fennelly.
The state’s industrial market saw a spike in renewal activity this summer, amid the ongoing lack of new supply and the unrelenting demand from tenants.
Cushman & Wakefield has added more than 2.2 million square feet to its New Jersey property management assignments, thanks to continued demand from both industrial tenants and investors.