Prologis to add 9.6 million square feet in New Jersey with Duke Realty acquisition

Prologis Inc. will add nearly 10 million square feet to its New Jersey portfolio after agreeing to acquire Duke Realty Corp., in an all-stock, $26 billion transaction that spans more than 150 million square feet of combined industrial space in 19 major U.S. markets.

Prologis adds vice president, development officer in New Jersey and New York market

Prologis has tapped a construction industry veteran as a new vice president and development officer in the company’s New Jersey and New York region.

Top developers, owners see continued growth for industrial market, despite new headwinds

More than 200 attendees turned out April 26 for “The View from the Top: A Conversation with Leaders in Logistics Real Estate,” a conference hosted by Real Estate NJ at The Highlawn in West Orange. Speakers included (clockwise from top…

Avison Young: Prologis acquires Dayton parking, maintenance site in sale-leaseback

Prologis has acquired a 10-acre parking and maintenance property in South Brunswick that it’s now leasing back to the seller and other tenants, according to brokers with Avison Young.

Industrial owners adapting, unlocking new revenue streams as parking requirements soar

Demand for parking in and around industrial properties has soared in New Jersey, fueled largely by the use of large delivery fleets, spurring changes in building design and creating new revenue streams for industrial owners.

Hartz eyes 515,000 sq. ft. industrial project in Teterboro

Hartz Mountain Industries is planning some 515,000 square feet of new industrial space in Teterboro after recently completing a 30-acre assemblage along Route 17.

Health, quality of life a growing focus in designing warehouse and logistics buildings

The race to attract quality labor has led industrial developers and users to focus increasingly on wellness-oriented design and features, but that shift has become all the more important in recent months as occupiers look to keep employees safe from COVID-19.

Prologis, office furniture business ink 26,000 sq. ft. renewal in Meadowlands, NAI Hanson says

An office systems and furniture company is staying in place in the Meadowlands after signing a renewal for more than 26,000 square feet, brokers with NAI James E. Hanson announced.

How will industrial building design, construction or functionality change in 2021?

How will industrial building design, construction or functionality change in 2021? We assembled a panel of industry experts to tackle this month’s question.

JLL: New Jersey industrial demand starts strong in Q1, faces new test from COVID-19

Industrial leasing stayed strong in New Jersey ahead of the COVID-19 outbreak, as experts now wait to determine the long-term impact of the pandemic on the state’s surging market for warehouse and distribution space.