A fund operated by Longpoint Partners has acquired a more than 30,000-square-foot industrial building in Fairfield, the Boston-based firm announced last week.
Sitex Group has promoted Max Fuchsman to vice president, touting his role in growing the industrial real estate investment firm since his arrival in 2022.
Sitex Group has acquired a 50-building, 640,000-square-foot industrial park in Saddle Brook, marking the first sale of the campus since its development began nearly a century ago.
Sitex Group has added to its New Jersey industrial portfolio in 2023, completing more than $250 million in new transactions in some of the state’s most in-demand submarkets.
Sitex Group has purchased a 40,000-square-foot industrial building in the Avenel section of Woodbridge for $19.7 million, in a newly announced deal by Bussel Realty Corp.
Sitex Group has sold a nearly 114,000-square-foot portfolio of light industrial buildings in Orange, directly north of Interstate 280, in a transaction arranged by Cushman & Wakefield.
