Parsippany, NJ [December 18, 2025] – In a show of enduring and persistent appeal, Morris County has been the focus of multiple signed leases across three industrial properties, as reported by Resource Realty of Northern New Jersey (RRNNJ). This activity occurs against the backdrop of New Jersey’s industrial market, currently one of the tightest in the U.S.
The completed transactions underscore the robust, persistent demand for flexible warehousing and logistics space driven by e-commerce and regional supply chain needs.
“Morris County continues to be a crucial corridor for companies due to its exceptional highway interchange access and highly skilled labor pool,” said Principal Brian Wilson. “The market’s diverse product classes – which cater to a range of uses including corporate operations, automotive, manufacturing, and niche logistics – mean that businesses no longer have to compromise. They can secure well-maintained, managed and strongly occupied options, proving that operational efficiency, not a lack of prestige, is the guiding priority in today’s environment.”
Industrial Activity Drives Growth
The largest transaction recently recorded by RRNNJ involved a 13,660-square-foot industrial lease expansion at 102 Iron Mountain Rd. in Mine Hill, N.J. Representing the landlord, Wilson secured the expansion with a third-party logistics (3PL) firm, highlighting the sector’s continuous need for larger footprints to manage inventory and distribution.
This was followed by a new 9,780-square-foot warehouse lease at 426 Sand Shore Rd. in Mount Olive, N.J, where Principal Scott Peck represented the tenant. “The demand for quality warehouse product, particularly the light industrial spaces favored for their smaller format floorplans, remains intense and persistent,” Peck noted. “By efficiently navigating the low-vacancy environment, Resource Realty ensured the client secured a property that met their operational needs without significant disruption. We expect this high level of demand to remain persistent.”
The firm’s leasing activity was further bolstered by the 4,610-square-foot office expansion for TEAM Behavioral Consultants at 4 Gold Mine Rd. in Flanders, N.J. Wilson successfully delivered dual representation for both the landlord and tenant in this key expansion deal.
“While the industrial market grabs headlines, the flex and office sectors continue to demonstrate the appeal of well-maintained, strategically located suburban properties,” added Wilson. “This activity is a testament to stable asset ownership and the consistent need for physical office locations, especially for client-facing professional services firms.”
RRNNJ is a full-service commercial real estate firm based in Morris County, specializing in the sale and leasing of office, industrial, and retail properties.
# # #