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IndCor Leases 2M SF in Six Big Q3 Deals

HAMILTON, NJ-The state's largest industrial lease of the third quarter- Dynamic Marketing's take of 397,000 square feet here-was one of six recent large leases for Chicago-based IndCor in New Jersey and Pennsylvania.

By Antoinette Martin | Updated on October 30, 2013

HAMILTON, NJ-Chicago-based IndCor reports completing six recent industrial leases in New Jersey and Pennsylvania that total over 2 million square feet. 

In New Jersey IndCor signed lease deals for:

  • 396,501 square feet lease with Dynamic Marketing Inc. in Hamilton, the largest recent industrial lease in New Jersey
  • 154,096 square feet with Amware Logistic Services of NJ in Cranbury, and
  • 111,963 square foot lease with Graze Inc. in Jersey City.

In Pennsylvania, IndCor completed transactions for:

  • 500,000 square feet with Ozburn-Hessey Logistics at 80 South Middlesex Rd., in Carlisle
  • 203,704 square feet with BMS Logistics in Allentown, and
  • 650,761 square feet with Schneider Electric Corporation in Middletown.

The industrial market has beenvery strong in the mid-Atlantic area, particularly in New Jersey where tenants have leased 15.9 million square feet of space year-to-date, up  10.5% year over year, by Cushman & WAkefield’s report.

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