Hartz Mountain Industries has taken the wraps off more than 515,000 square feet of new industrial space in Teterboro, as it markets the property alongside brokers with JLL.
Vacancy in New Jersey’s industrial market rose in the third quarter despite steady demand, as developers added nearly 4 million square feet of supply with the completion of large projects.
NAI James E. Hanson has promoted a veteran broker, recognizing his role in dozens of deals in recent years and his growing roster of institutional clients.
Prologis Inc. has purchased a nearly 126,000-square-foot industrial building in Teterboro, adding to its vast holdings in Bergen County and northern New Jersey.
The Meadowlands Chamber has recognized three brokers with NAI James E. Hanson as part of its recent Emerging Leaders program, the real estate services firm announced.
Bridge Logistics Properties has added to its New Jersey portfolio with its purchase of a 202,000-square-foot warehouse in Bergen County, in a deal arranged by Leo Josephs & Co. Inc.
The operator of a Gold’s Gym has renewed its nearly 43,000-square-foot lease at a Teterboro flex property, according to brokers with NAI James E. Hanson.
A joint venture has acquired a nearly 222,000-square-foot industrial building in Teterboro with the help of $39 million in financing secured by JLL, the debt placement team said Tuesday.
