Going global: Inside the growth of Asian logistics firms in New Jersey’s industrial market

Asia-based third-party logistics firms have played an increasingly important role in New Jersey’s industrial sector, creating new demand and helping to fill excess inventory after a recent surge in speculative construction. How those firms will be impacted by outsized tariffs and the U.S. trade war with China remains to seen, but developers are optimistic about what is now an established class of tenants.

Crow Holdings lands third tenant in Carteret with 146,000 sq. ft. lease with 3PL firm

Crow Holdings Development has lured another global logistics firm to its new industrial campus in Carteret, having signed a 146,000-square-foot lease with China-based YunExpress.