Demand for industrial space in this New Jersey submarket is driven by the area's proximity to the Ports and the densely-populated communities of Northern New Jersey and New York City.

Here is a roundup of the latest leases, sales and other transactions in the Northeast middle markets.

“The New Jersey Gold Coast is a national, and perhaps international, success story,” says Jacky He, head of operations for DMG Investments.

To meet the sustained demand, 12.1 million square feet of warehouse space are currently under construction throughout New Jersey – the largest amount ever recorded.

“Both West Belt Plaza and Waldwick Shopping Plaza are well-located top-performers, with a diverse tenant roster and a nice balance of consumer products and lifestyle services,” says Gebroe-Hammer's executive vice president, Greg Pine.

A roundup of recent deals, leases, executive moves, and other news from the past week.

“For the last two years, we've been carefully designing a plan to transform this prime commercial property into a place where locals can meet, eat and shop,” Advance Realty founder and CEO Peter Cocoziello says.

“While traditional retailers – such as grocery, personal services and apparel, among others – remain alive and well, fitness chains, entertainment concepts and restaurants comprise a larger percentage of tenant mix than in the past,” Levin Management's Joseph Lowry says.