Ridgecut Road has added to its industrial outdoor storage portfolio in New Jersey with a recent closing in Union Township, in a deal arranged by brokers with JLL.
Ridgecut Road has acquired an industrial service and outdoor storage property in New Brunswick, adding 6.5 acres with a combined 39,000 square feet across three buildings.
Identical twins Eric and Scott Shalek are building a portfolio of low-coverage and outdoor industrial storage sites in New Jersey after launching Ridgecut Road in early 2022, with plans to begin their first ground-up warehouse project later this year.
Ridgecut Road has acquired a 3.1-acre industrial service and outdoor storage property in Middlesex Borough as part of a short-term sale-leaseback with an outgoing user.
Ridgecut Road has closed on a development site in New York’s Orange County where it plans to build more than 146,000 square feet of new high-end industrial space.
Ridgecut Road and Marcus Partners have acquired nearly four acres of low-coverage industrial property in South Plainfield, marking the firms’ second deal together in less than a year.
A joint venture has secured nearly $9 million in financing for an industrial outdoor storage property in South Plainfield, in a deal arranged by Cushman & Wakefield.
A construction technology firm has signed a full-building, 11,500-square-foot industrial lease in South Plainfield, in a newly announced deal by Bussel Realty Corp.
