by Joshua Burd | Jan 2, 2024
7 Slater Drive in Elizabeth — Courtesy: Cushman & Wakefield By Joshua Burd A development site in northern New Jersey’s booming port region is on the market for sale, in a newly announced offering by Cushman & Wakefield. According to the brokerage team, the...
by Joshua Burd | Aug 17, 2023
By Joshua Burd Industrial rents near Port Newark-Elizabeth are still rising despite a pullback in leasing, thanks to new development and the continued dominance of the East Coast’s top shipping hub. Those are among the findings of a report by Cushman & Wakefield,...
by Joshua Burd | Mar 8, 2023
Prologis Inc. is developing a new 142,479-square-foot industrial building at 357 Wilson Ave. in Newark, where plans call for 40-foot clear ceiling heights, 23 dock doors, two drive-in doors and parking for 16 trailers and 90 cars, among other features. — Rendering...
by Joshua Burd | Apr 13, 2022
By Joshua Burd A beleaguered private equity firm has sold 30 acres in the heart of Newark’s port district, where its plans once called for some 250,000 square feet of cold storage space. GPB Capital Holdings LLC, which faces federal fraud charges, announced this week...
by Joshua Burd | Nov 18, 2021
By Joshua Burd Duke Realty has announced its purchase of a 53-acre site in Newark, providing it with a coveted outdoor storage lot and a future redevelopment opportunity. Currently leased to an outdoor storage provider, the parcel at 740-768 Doremus Ave. is less than...
