X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WOODBRIDGE, NJ-Things couldn’t be hotter in New Jersey industrial real estate, and most observers agree that the market has never been tighter. Brokers at Jacobson, Goldfarb & Tanzman would certainly second that assessment, especially since the firm has nailed down almost 150,000 sf in industrial deals in the last few days.

The largest was the 62,000-sf lease signed by Reisen Lumber Industries in Kenilworth, NJ; the company is relocating from Union, NJ, and JGT represented both tenant and the unnamed owner.

Also, JGT and Harris Commercial co-brokered the sale of a 47,000-sf flex building in Aberdeen, NJ to Woodmont Aberdeen LLC, a local investment group. Additionally, JGT and Trammell Crow co-brokered a 31,250-sf lease for MCI World Com Network Services in Plainsboro, NJ.

Additional leases were signed by Erco USA in Edison, NJ; Environmental Rental Corp. in Metuchen, NJ; and Joule Inc. in South Plainfield, NJ.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.