PARSIPPANY, N.J. [January 28, 2026] – Resource Realty of Northern New Jersey (RRNNJ) has concluded two strategic industrial transactions in Flanders and Randolph, both in Morris County, NJ. The leasing transactions, totaling nearly 20,000 square feet, underscore the firm’s deep-rooted owner- and tenant-representation expertise while highlighting continued demand for high-utility industrial space in the Greater Northern New Jersey market.
“Whether it is a global tech firm or a staple local service provider, the demand for well-maintained, accessible space remains urgent,” said Brian Wilson, RRNNJ principal. “Our role is to bridge the gap between these diverse business needs and the evolving landscape of the I-80 corridor.”
In the largest of the two separate transactions, Wilson and Principal Scott Peck secured a 17,000-square-foot lease for two units at 1 Goldmine Rd. in Flanders, NJ. The brokerage team represented both the unnamed landlord and tenant, Powersoft. A global leader in professional audio technology, the company values the strategic proximity of the space to major freight arteries and its ability to support both technical operations and logistical requirements.
The Goldmine Road facility is a prime example of “flex-industrial” demand that has become the backbone of the region’s economy. By securing a high-caliber tenant like Powersoft, RRNNJ continues to match sophisticated global brands with the specialized infrastructure found within the sought-after I-80 corridor.
In a show of sustained local growth, Wilson also orchestrated the lease renewal of TLC, a lawn services company, at 7 Middlebury Rd., in Randolph. Wilson represented both the owner and the tenant in securing the 2,500-square-foot unit, which highlights the critical importance of small-to-mid-size industrial spaces (under 10,000 SF).
In a market often dominated by “big-box” logistics consumption, RRNNJ remains a go-to-broker for specialized service and trade businesses that require a foothold in Morris County’s high-density residential hubs – their primary customer base.
In terms of market dynamics, these transactions reflect a broader geographic trend within the Northern New Jersey industrial sector. As vacancy rates in the immediate port zones remain historically tight, the “Golden Triangle” – the area defined by the intersections of I-80 and I-287 and Routes 10 and 46 – has become the primary destination for companies seeking a balance of affordability and accessibility.
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About Resource Realty of Northern New Jersey: Based in Morris County, N.J., RRNNJ’s expert team of brokerage professionals deliver commercial real estate solutions with the personalized attention and autonomy of a boutique firm. Custom services include sales and leasing, landlord and tenant representation, corporate advisory and consulting, and investment property acquisitions. Each of the firm’s principals holds the coveted SIOR designation, which provides clients with local knowledge and market intelligence locally, regionally, nationally and globally. Thanks to the strength of this affiliation, RRNNJ regularly leverages the SIOR global network of more than 3,900 commercial real estate brokerage specialists to meet the needs of its diverse client base.