Commercial real estate and business leaders have a launched new coalition to promote the benefits of New Jersey’s logistics sector and defend against rhetoric that has stalled a growing number of warehouse development projects in recent years.
Sitex Group has promoted Jackson Kaplan to senior vice president, citing his role in its investment activities and in growing its portfolio outside New Jersey.
Sitex Group is marking its largest quarterly leasing total in its 23-year history, touting a stretch in which it secured tenants for nearly 350,000 square feet of industrial space.
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.
