Posts Tagged: industrial

Massachusetts Firm Buys Industrial Portfolio in South Jersey

High Street Logistics Properties has purchased a three-building industrial portfolio totaling 402,000 square feet in South Jersey. The buyer, based in Woburn, Massachusetts,acquired 300 Richards Run in Burlington, 1090 Thomas Busch Memorial Highway in Pennsauken, and 823 E. Gate Drive in Mount Laurel. The portfolio was 100% occupied at the time of sale. The seller was Whitesell Construction Co. of Mount Laurel, New… Read more »

MINIMIZING RISK IN SELLING OR DECOMMISSIONING INDUSTRIAL PROPERTY UNDER ISRA

In an improving economy, industrial property can change hands frequently. In a declining one, industrial property owners may be forced to wind up operations and close the facility. If you own or intend to purchase or shut down an industrial facility in New Jersey, pay particular attention to the provisions contained in the state’s Industrial Site Recovery… Read more »