New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
GREP Leases 860K-SF Small-Bay Industrial Space
Greek Real Estate Partners (GREP), a New Jersey-based industrial real estate firm, has secured over 860,000 square feet in small-unit leases across New Jersey and Pennsylvania.
Recent leases, ranging from 19,200 to 180,000 square feet, involved partnerships with landlords like F. Greek Bristol Properties and Highview Partners. Transactions focused on Central New Jersey and Northeast Philadelphia.
“New Jersey remains a leader in the industrial leasing market for tenants looking for best-in-class facilities near one of the nation’s largest e-commerce hubs,” said Jason Fisch, vice president of leasing with Greek Real Estate Partners. “We anticipate continued momentum for Central and Southern Jersey as well as the Philadelphia Metro region in coming months as demand for moderately-priced warehouse space continues and supply for smaller industrial spaces remains constrained.”
- ◦Lease
