PARSIPPANY, NJ (May 28, 2026) – Resource Realty of Northern New Jersey (RRNNJ), a full-service commercial real estate firm specializing in the industrial and office sectors, reports a productive start to 2026 across Northern New Jersey. In Q1, the firm’s market specialists finalized 164,193 square feet 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 SF 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 SF 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 successful execution of a 23,101 SF 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 New Jersey.
“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 SF 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 SF.
In a related transaction, Wilson also represented Rotarex in its relocation from 103 Bilby Rd. to 4 Middlebury Blvd. in Randolph, further underscoring the continued movement and growth of industrial users throughout Northern New Jersey’s strategically located secondary markets.
“Assets like 103 Bilby Road prove that the industrial appetite extends well beyond the Turnpike corridors,” stated Wilson. “Warren County is becoming a vital relief valve for users seeking accessibility without the premium costs of the immediate port markets.”
The firm’s Q1 activity reflects a broader trend of consistent deal flow in the Northern New Jersey market as users prioritize functional, well-located space. By focusing on these core “infill-and-accessibility” metrics, RRNNJ continues to secure high-occupancy results for its property-ownership clients and quality space for its tenant users.
“Our Q1 results are a testament to our deep-rooted landlord relationships,” said Peck. “By deploying this strategy, we aren’t just filling vacancies; we are helping our clients navigate a complex market to find long-term operational stability.”
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