At least for 2017, industrial became the new darling of institutional investors. Here are the top 10 industrial sales in New Jersey of 2017, according to Real Capital Analytics.
Two new leases and two renewals have fueled more than 26,500 square feet of activity at a Meadowlands flex industrial building, executives with The Stro Cos. announced recently.
The industrial arm of Woodmont Properties has sold a 104,000-square-foot warehouse in Moonachie, whose new owner is now planning a major renovation at the building.
The owner of a 322,000-square-foot industrial building in Moonachie has refinanced for $18.2 million, in one of three new transactions announced by G.S. Wilcox & Co.
The Stro Cos. has started the year by growing its industrial portfolio in northern and central New Jersey, acquiring five buildings spanning more than 200,000 square feet.
G.S. Wilcox & Co. has arranged a $56 million for a client to refinance a six-building industrial portfolio in Bergen and Middlesex counties, the firm announced Monday.
Team Resources Inc. has announced the sale of a 51,000-square-foot, multitenant industrial building in Moonachie to a Ridgewood-based real estate investor.