Real Estate NJ

1 week ago | re-nj.com | Joshua Burd

By Joshua BurdBain Capital and Oliver Street Capital have acquired an 11-building, 784,000-square-foot industrial portfolio in northern New Jersey for $208 million, the firms announced Thursday. In a news release, the joint venture said the properties consist of Class B warehouses in what it described as infill markets. The firms also noted the portfolio is 88 percent leased to a mix of local and national tenants, offering warehouse suite sizes averaging 23,000 square feet.

1 week ago | re-nj.com | Joshua Burd

Crow Holdings at 6A at 1804 River Road in Burlington — Courtesy: Crow Holdings DevelopmentBy Joshua BurdCrow Holdings Development has filled more than half of a new industrial building in Burlington, leasing 156,000 square feet to a subsidiary of global auto parts manufacturer GMB. The affiliate, GMB North America, will move its headquarters and North America distribution operation from Middlesex County to the facility known as Crow Holdings at 6A.

1 week ago | re-nj.com | Joshua Burd

Smithville Square at 45 South New York Road in Galloway — Courtesy: Vantage CommercialBy Joshua BurdTwo new tenants are coming to an Atlantic County retail center after a pair of leases totaling more than 2,700 square feet, brokers with Vantage Commercial announced Thursday. According to a news release, the undisclosed businesses will occupy units of 1,480 and 1,265 square feet at the 106,931-square-foot Smithville Square in Galloway.

1 week ago | re-nj.com | Joshua Burd

1990 Corporate Center Drive in Trinity, Florida — Courtesy: Greek Real Estate PartnersBy Joshua BurdGreek Real Estate Partners has expanded to Florida with its acquisition of a 100,000-square-foot industrial building outside Tampa, the company announced Thursday. The firm, which is based in East Brunswick, said it paid $22.5 million in the sale-leaseback deal at 1990 Corporate Center Drive in Trinity.

1 week ago | re-nj.com | Joshua Burd

The Newark Bay Bridge and the four miles between New Jersey Turnpike exits 14 and 14A are the focus of the first phase of the New Jersey Turnpike Authority’s plan to replace the Newark Bay-Hudson County Extension. By Joshua BurdThe U.S. Coast Guard has signed off on the first piece of a plan to rebuild the Newark Bay-Hudson County Extension, supporting the findings of an environmental review by the New Jersey Turnpike Authority and issuing a key permit to help the $6 billion project proceed.