NAI DiLeo-Bram Brokers $13.1M Sale of Industrial Flex Building in Kenilworth, New Jersey
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
KENILWORTH, N.J. — NAI DiLeo-Bram (NAIDB) has brokered the $13.1 million sale of a 26,000-square-foot industrial flex building in the Northern New Jersey community of Kenilworth. Completed in 2024, the building at 651…
External link. Real Estate Trail does not republish source content.
Related coverage — Industrial
IRG Acquires 422,727 SF Distribution Facility in St. Paul, Minnesota
ST. PAUL, MINN. — Industrial Realty Group LLC (IRG) has acquired a 422,727-square-foot industrial facility located at 411 Farwell Ave. in South St. Paul. The property formerly served as the headquarters of The Sportsm…
SVN Chicago Commercial Arranges $25.5M Sale of Industrial Property in Lake Zurich
LAKE ZURICH, ILL. — SVN Chicago Commercial has arranged the $25.5 million sale of a 210,000-square-foot industrial property located at 1275 Ensell Road in Lake Zurich. Paul Cawthon and Angelo Labriola of SVN represent…
Trammell Crow Company Breaks Ground on Hillsboro Industrial Park
Trammell Crow Company (TCC) has broken ground on Phase II of Sewell Corporate Park in Hillsboro, Oregon, approximately 20 miles west of Portland. Phase II, located on 17.76 acres, will include two speculative building…
‘It’s about taking care of people’: How top contractors staff data center jobs
Firms are sweetening the deal for workers with benefits on and off the jobsite, panelists said during a Construction Dive virtual event.
Data Center Construction Surges to Record 7,481 MW
Despite record construction activity, North American data center demand outpaced supply during the first half of the year, according to CBRE’s latest North American Data Center Trends Report . Construction across the…
Data center market faces all-time low vacancies despite record-breaking construction
Power capacity available for lease fell to 1.4% in the first half of 2026, even as under-construction capacity surged 25%, according to CBRE.