Deals & Dealmakers
Report: Industrial market in NJ continues hot streak in Q2
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The New Jersey market continued to exhibit tremendous strength with leasing velocity of 5.9 million sq. ft., a 23.2 percent increase year-over-year according
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As e-commerce grows, New York City’s industrial market booms
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E-commerce demands have New York City’s industrial market on the rise. With at least seven multilevel distribution centers likely to break ground in Brooklyn
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Staten Island development site near Amazon warehouse to hit auction block
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A 15-acre development site on the west side of Staten Island will hit the auction block next month offering quick access to New Jersey and an entryway
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Taconic makes first industrial investment in $55M JV with Nuveen
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Taconic Partners and Nuveen Real Estate announced today the acquisition of 1 Cory Road, a warehouse and distribution facility in Morristown, New Jersey
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CenterPoint continues to bulk up on NJ industrial property
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CenterPoint Properties has closed on a low-coverage industrial facility in a highly coveted pocket of the premier Exit 8A submarket: 6 Wheeling Road in
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Kushner sells NJ industrial portfolio for $132M
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Industrial investment firm Faropoint has acquired a 10-building portfolio located throughout Northern New Jersey from Kushner Companies for $132.
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JLL ready to go extra mile for last-mile distribution center in Bronx
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As demand for warehouse space in New York City continues to rise, the first new multi-story industrial buildings on the East Coast have been unveiled.
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Lincoln Equities to raze old naval base, build e-commerce site
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Lincoln Equities Group (LEG) acquired a 90-acre site in Bayonne, NJ, from Highstar Capital. The land, which sits on the former Military Ocean Terminal
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Industrial vacancy hits all-time low as technology, consumers change
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Industrial vacancy has reached an all-time low as changes in technology, supply chains and consumer habits continue to drive leasing demand for properties.
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Lincoln Equities Group taps JLL for Long Island industrial leasing assignment
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JLL was selected by Lincoln Equities Group LLC as the exclusive leasing agent for a new industrial building expected to break ground on Long Island in 2018.
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Arden forms JV with investment giant to target industrial ‘sweet spot’
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Arcapita Group Holdings (“Arcapita”), the global alternative investment firm, and Arden Group, a US real estate investment firm, have announced a joint
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Rockefeller sells newly-finished NJ fulfillment center
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Rockefeller Group and Cushman & Wakefield announced the sale of 65 Baekeland Avenue, a new 400,000 s/f industrial asset located in Middlesex, N.J. Cushman &