AVENEL, NJ— IPT Acquisitions, an industrial real estate investment trust that owns and operates distribution warehouses throughout the United States, has purchased 2323 Randolph Avenue in Avenel, NJ, a multi-tenanted industrial asset, from Bailey Industries, for $6.7 million.
AVENEL, NJ— IPT Acquisitions, 2323 Randolph Avenue Bailey Industries, Bussel Realty Corp. Earl Lapides IPT Acquisitions Lapides 2323 Randolph Avenue AVENEL, NJ— IPT Acquisitions, 2323 Randolph Avenue Bailey Industries, Bussel Realty Corp. Earl Lapides IPT Acquisitions Lapides © Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.
May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!