Seagis Property Group Acquires 31,000 SF Industrial Building in Northern New Jersey

Seagis Property Group Acquires 31,000 SF Industrial Building in Northern New Jersey

EAST RUTHERFORD, N.J., April 29, 2025 /PRNewswire/ -- Seagis Property Group ("Seagis") announced today that it closed on a warehouse facility located at 745 Gotham Parkway in Carlstadt, NJ. The building totals 31,472 square feet, features 19' clear ceiling heights,…

Report: N.J. led nation in total sales volume for industrial space in 1Q

New Jersey topped the nation in total sales volume for industrial space during the first quarter of 2025 totaling $832 million, according to data from real estate data compiler Yardi CommercialEdge. The state also led the Northeast region with yearly rent growth of 11.3%.  The $832 million in transactions in New Jersey by the end of March was a 60% increase from the $520 million registered a year earlier. Dallas, with $711 million in total sales…