RRNNJ closes 164,193 s/f in Q1 leases across Northern NJ
- MAREJ
- 36 minutes ago
- 3 min read
Infill strategy drives early leasing momentum
PARSIPPANY, NJ — Resource Realty of Northern New Jersey (RRNNJ) reports a productive start to 2026 across Northern New Jersey. In Q1, the firm’s market specialists finalized 164,193 s/f in leasing transactions through a number of prominent owner’s representation assignments.
The firm’s early-year momentum is rooted in a strategic focus on “infill and accessibility,” a market pillar emphasizing the critical value of last-mile logistics and well-positioned flex-industrial assets in a tightening New Jersey industrial and flex-space landscape.
RRNNJ’s Q1 volume was anchored by several key transactions across Warren and Morris counties, showcasing the firm’s ability to stabilize assets for landlords while meeting the specific operational needs of modern tenants. Among the most notable transactions was a 38,258 s/f flex industrial lease at 400 American Rd. in Morris Plains, where principals Tom Consiglio and Scott Peck represented the landlord. Charmant USA has been a tenant at the property since 1990, underscoring the strength of the long-term relationship fostered by ownership, GTJ REIT, and its management team. The longevity of the tenancy reflects GTJ REIT’s ability to support evolving tenant needs and facility requirements over more than 35 years.
According to Consiglio, deal volume in the 20,000 to 40,000 s/f range remains a bellwether for the local economy. “The demand for infill space is no longer just about storage; it’s about the ‘physics’ of the supply chain,” he said. “Accessibility is the primary currency for our clients right now.”
This sentiment was also reinforced by the execution of a 23,101 s/f industrial lease at 19 Chapin Rd. in Pine Brook. Completed by the RRNNJ team of Consiglio, Peck and principal Greg Sabato on behalf of the landlord, the deal highlights how specialized industrial assets continue to perform well despite broader economic shifts. In the short period of time the space was available, RRNNJ received multiple offers from companies seeking to lease the property, further illustrating the continued demand for smaller infill industrial spaces throughout Northern NJ.
“We are seeing a flight to quality in the infill sector,” observed Sabato, a 28-year commercial real estate broker veteran. “Companies are prioritizing locations like Pine Brook and Morris Plains because they offer the dual benefit of a skilled labor pool and unrivaled logistical connectivity.”
As vacancy rates fluctuate across the Garden State, the firm is also seeing the industrial footprint expand into secondary markets where accessibility remains high but costs are more manageable. This was evidenced by an 18,125 s/f industrial lease expansion at 103 Bilby Rd. in Hackettstown, where principal Brian Wilson represented the landlord in a transaction that expanded the neighboring tenant’s footprint to a total of 41,528 s/f.
In a related transaction, Wilson also represented Rotarex in its relocation from 103 Bilby Rd. to 4 Middlebury Blvd. in Randolph.
The firm’s Q1 activity reflects a broader trend of consistent deal flow in the Northern NJ market as users prioritize functional, well-located space.
That momentum extended to Fairfield, where RRNNJ brokered two industrial leases totaling 20,456 s/f at 101 Clinton Ave., bringing the asset to full occupancy.
Greg Sabato and sales associate Rylie Lake brokered the transactions on behalf of SNS Real Estate Investment Group, representing the landlord in both deals and the tenant in one of them.
“Fairfield continues to be an incredibly attractive destination for industrial users because it pairs exceptional geographic access with versatile building designs,” said Sabato. “The swift execution of these two 10,228 s/f leases demonstrates that well-maintained facilities like 101 Clinton Ave. align perfectly with what modern tenants require.”
In the first of the two leases, the RRNNJ team – working in cooperation with Newmark – represented the landlord to secure Debbie’s Floral Designs Inc., a regional floral supplier expanding its storage and distribution capacity.
In the second transaction, completed within one month of the first, Sabato and Lake were part of a dual representation of the landlord and the tenant, An Da Construction, a specialized commercial supplier requiring an integrated office and warehouse footprint.
Both tenants selected 101 Clinton Ave. due to its optimal facility configuration, high clear ceiling heights and immediate access to major North Jersey transport arteries.
“In addition to stabilizing the asset on behalf of ownership, we welcome the opportunity to assist small-bay-industrial tenants in identifying spaces that can optimize their logistical networks and contribute toward greater efficiency and, ultimately, their bottom line,” added Lake.
