Big-box industrial deals pile up in Q3

New Jersey industrial landlords have inked a flurry of big-box leases in recent months, Cushman & Wakefield said, driving nearly 9 million square feet of deal volume during the third quarter.

Tax credit fuels 492,000 sq. ft. lease with Prologis, online consignment shop

Prologis and an online luxury consignment shop have signed a lease for more than 490,000 square feet in Perth Amboy, following the approval of a 10-year, $38.9 million tax credit package to help the retailer establish a new Northeast fulfillment center.

EDA: Consignment startup eyes 492,000 sq. ft. fulfillment center in Perth Amboy

State officials have approved a 10-year, $38.9 million tax credit package to encourage an online luxury consignment shop to open a nearly 500,000-square-foot fulfillment center in Perth Amboy, where it says it would hire close to 800 employees.

REIT buys 260,000 sq. ft. cold storage facility in Perth Amboy, HFF says

A real estate investment trust has acquired a 260,046-square-foot, triple net leased Preferred Freezer Services facility in Perth Amboy, brokers with HFF said Monday.

Bridge details 1.7 million sq. ft. industrial project in Somerset, efforts to restock N.J. pipeline

Bridge Development Partners is planning a three-building, 1.7 million-square-foot industrial complex in Somerset County after acquiring parcels from two separate sellers, part of an effort to refill its pipeline in New Jersey after a blockbuster portfolio sale last year.

Duke fills last vacancy in New Jersey with Perth Amboy industrial lease

Duke Realty Corp. has leased 220,200 square feet in Perth Amboy to a furniture delivery and fulfillment service, bringing its recently acquired New Jersey portfolio to full occupancy.

Duke Realty details 354,000 sq. ft. Perth Amboy lease with ecommerce logistics firm

A fulfillment and logistics firm will be the latest tenant at a new three-building, 1.3 million-square-foot industrial complex in Perth Amboy acquired by Duke Realty late last year.

Health care sector as a major driver in the real estate market

Raritan Bay Medical Center in Old Bridge — Courtesy: NK Architects By Ben P. Lee, AIA Since the great recession of 2008, the health care sector has emerged as a reliable investment for real estate developers and the capital market.…

CBRE industrial broker earns top national honors for 2017

A veteran broker with CBRE was the firm’s top industrial producer in the Americas in 2017, with a series of deals headlined by high-profile transactions in Edison and Perth Amboy.

Northern New Jersey’s top 10 industrial sales of 2017, according to RCA

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.