Prologis Inc. has embarked on a major refresh of its Meadowlands industrial portfolio, seeking to enhance its presence and the appeal of its buildings in one of the region’s key submarkets.
Prologis Inc. has named a new market officer for its New York and New Jersey region, where its footprint spans some 250 buildings totaling 55 million square feet.
Prologis Inc. has purchased a nearly 126,000-square-foot industrial building in Teterboro, adding to its vast holdings in Bergen County and northern New Jersey.
Prologis Inc. has brought a new tenant to a Secaucus industrial building, securing a 115,000-square-foot lease with a third-party warehousing and logistics firm.
Speaking at IOREBA’s annual Developers Night, a panel of industry leaders offered both optimism and assuredness, but also frustration about a market that is still fundamentally strong in many respects but grinding along in the face of economic headwinds.
Prologis Inc. is bringing more than 140,000 square feet of new industrial space to a site near Port Newark-Elizabeth, in one of several projects in its New Jersey development pipeline.
NAIOP New Jersey welcomed a crowd of 300 for its annual President’s Awards and Hall of Fame Dinner, honoring eight commercial real estate industry leaders spanning multiple generations, in one of the association’s most popular events of the year.
The rapid rise in interest rates has caused a sudden slowdown and growing uncertainty in New Jersey’s investment sales market, leading buyers to reassess their plans in the near term, while placing newfound pressure on even the strongest asset classes.
Eight key players in the state’s commercial real estate sector will take the stage in early November as part of NAIOP New Jersey’s annual President’s Awards and Hall of Fame Dinner.
