Industrial
JLL: Joint venture, logistics firm ink full-building lease in South Brunswick

A logistics firm has leased 369,000 square feet at a South Brunswick industrial building, in a deal announced this week by JLL.

Industrial
Port Reading lease among recent deals by Mertz in central, southern N.J.

A new tenant has leased 230,100 square feet at a Woodbridge industrial building, in one of several New Jersey deals announced Friday by NAI Mertz.

Industrial
TJ Maxx among high-profile Q1 industrial deals in New Jersey

Industrial space in and around New Jersey continued to attract household names in the first quarter, as leasing activity remained on a strong and steady pace to start the year.

Industrial
Fully leased, 224,000 sq. ft. warehouse is CenterPoint’s latest N.J. purchase

CenterPoint Properties has expanded its New Jersey holdings with the addition of a 224,000-square-foot industrial building in South Brunswick, executives said Tuesday.

Industrial
Colliers: Williams Sonoma, Best Buy lead Q4 industrial leasing

Industrial leasing in northern and central New Jersey topped 40 million square feet for the third consecutive year, Colliers International said Friday, thanks to a surge to close out 2017.

Industrial
Transwestern: Port activity, rent growth continue for N.J. industrial sector

The swell of cargo volume at the Port of New York and New Jersey has fueled the Garden State’s lowest industrial vacancy in more than 15 years, according to Transwestern, as rents continue to rise and leasing activity continues at a torrid pace.

The Rundown
Town alleges conflict of interest in affordable housing case, citing judge’s ties to developer

Attorneys for the township of South Brunswick are accusing a former Superior Court judge of having a conflict of interest, citing his ties to a developer that he went to work for only months after ruling that the municipality must zone for at least 1,500 affordable housing units.

Industrial
Logistics firms fill new spec industrial building at 8A, CBRE says

A new 450,000-square-foot industrial building in South Brunswick is at full occupancy after its developer signed leases with two logistics providers, according to CBRE Group Inc.

Finance & Capital Markets
Wilcox closes $56M loan for industrial portfolio

G.S. Wilcox & Co. has arranged a $56 million for a client to refinance a six-building industrial portfolio in Bergen and Middlesex counties, the firm announced Monday.

Industrial
Accordia acquires two industrial buildings, plans another

More than a decade after its founding, a Fairfield-based real estate firm has entered the industrial market with two recent acquisitions and its plans for a new speculative warehouse project.