Lee & Associates New Jersey arranged the sale of a 330,000-square-foot warehouse to New York-based Thor Equities.

Lee & Associates New Jersey arranged the sale, which expands Boston-based Marcus Partners' in-state assets in the sector by 200,000 square feet.

After owning the one-story, 33,000-square-foot standalone building for 20 years, the seller was looking to take advantage of current market conditions as he approached retirement.

Bussel Realty Senior Vice President Jordan Metz also arranged a short-term leaseback at the 40,000-square-foot property for the seller, which operates a trucking and logistics business at the property.

The property will be the location of a 1.2 million-square-foot distribution center. “This is an ideal site offering access to the nation’s most densely populated region, with over 24 million people living in the NY–NJ–CT–PA Combined Statistical Area,” according to Executive Managing Director Jeff Lockard, who worked on the deal.

Cushman & Wakefield arranged the sale of the Port Newark Light Industrial Park; a joint venture of Westbrook Partners and Camber Real Estate acquired the asset.

Lee & Associates New Jersey was tapped to exclusively lead leasing for the two-building property after it brokered its sale in an off-market deal.

The fully occupied, three-building complex near the nation's fastest-growing port in this southern city builds upon efforts by the Red Bank-based firm's joint venture to acquire and develop properties in the sector valued at $1 billion.

The document was developed by the Office of Planning Advocacy in the Department of State for local governments to use when revising their master plans, zoning and development standards, and when reviewing development applications.

The Texas company entered a sale-leaseback with the occupying firm: a specialized contract manufacturer of high-end fragrances, deodorants and cosmetic products.

Well-connected Somerset County saw the bulk of the action in a trio of industrial deals announced by the Edison-based firm this week.

Iselin-based Provident Bank provided the construction loan, which will bring a new warehouse to Langhorne, Pa.