Industrial – Infill: Northern New Jersey Infill Logistics Portfolio
Strategy overview
Industrial users across a wide range of sectors are increasingly requiring locations closer to customers to meet demand for faster delivery of goods and services. Our Industrial – Infill strategy aims to capitalize on this dynamic by acquiring, repositioning, and operating small- to mid-size industrial assets in select, difficult-to-replicate infill locations, such as the New York City metro area. These locations are critical to last-mile distribution and benefit from high barriers to new supply, including restrictive zoning and limited land availability.
By focusing on smaller-format assets that serve local, consumption-driven tenants, the strategy is designed to capture strong leasing demand. Through scale, an emphasis on off-market sourcing, and operational expertise, the team continues to manage and grow a high-quality portfolio positioned to benefit from long-term rental rate growth.
Explore our Northern New Jersey Infill Logistics Portfolio
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YEAR ACQUIRED
2025
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LOCATION
Northern New Jersey
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SIZE
784,000 SF
The Northern New Jersey Infill Logistics Portfolio comprises 11 Class-B industrial assets totaling approximately 784,000 square feet across one of the most supply-constrained and strategically critical warehouse markets in the US. Assets are primarily smaller-format, multi-tenant buildings, with an average suite size of approximately 23,000 square feet, well-suited for a range of tenants requiring close proximity to dense population centers. The portfolio was acquired off-market and selected in part for its convenient access to New York City and key transportation infrastructure.
The business plan focuses on leasing limited vacant space, with most of our value creation coming from mark-to-market rent increases and targeted operational improvements. Through this acquisition, our team has achieved meaningful scale in a highly competitive and sought-after industrial market.
