{"id":1004045690,"date":"2012-08-22T07:53:22","date_gmt":"2012-08-22T15:53:22","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004044944"},"modified":"2022-12-08T16:58:57","modified_gmt":"2022-12-09T00:58:57","slug":"indcor-secures-343500-expansion-lease-at-nj-industrial-property","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/","title":{"rendered":"IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property"},"content":{"rendered":"<p><a href=\"https:\/\/www.commercialsearch.com\/news\/regions\/mid-atlantic\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/1004044944.html\/attachment\/indcor-100-middlesex-center-blvd-2\" rel=\"attachment wp-att-1004044947\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004044947\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/chart-reit-dividend-yield-by-sector1-300x174-150x150\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/04\/Chart-REIT-Dividend-Yield-by-Sector1-300x174-150x150.jpg\" data-orig-size=\"150,150\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Chart-REIT-Dividend-Yield-by-Sector1-300&#215;174-150&#215;150\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/04\/Chart-REIT-Dividend-Yield-by-Sector1-300x174-150x150.jpg?w=150\" class=\"alignleft  wp-image-1004044947\" title=\"IndCor - 100 Middlesex Center Blvd\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/08\/IndCor-100-Middlesex-Center-Blvd11.jpg\" alt=\"\" width=\"329\" height=\"155\" \/><\/a>By Barbra Murray, Contributing Editor<\/p>\n<p>IndCor Properties purchased the industrial facility at 100 Middlesex Center Blvd., in Jamesburg, N.J., in December 2011, and now the company has secured a commitment from Argix Logistics to expand into the entire 343,500-square-foot building.<\/p>\n<p>Argix had occupied approximately 120,000 square feet when IndCor took over ownership of 100 Middlesex last year. Commercial real estate services firm CBRE Group had stood in for the seller of the property in 2011 and, maintaining its connection with the property, represented Argix in its new lease deal with IndCor.<\/p>\n<p>&#8220;Post-closing, Argix&#8217;s business grew and they decided to consolidate, so they needed more space,&#8221; Thomas F. Monahan of CBRE, told <em>Commercial Property Executive<\/em>.<\/p>\n<p>Of course, Argix did not have to stay put, but given the current state of the industrial market in the area, it appears that signing on for extra elbowroom at 100 Middlesex was a wise move.<\/p>\n<p>&#8220;There&#8217;s been a lot of activity in that submarket; the vacancy rate has come down considerably,&#8221; Monahan said. &#8220;The market is changing. There hasn&#8217;t been any new construction in the last three years and quality product is leasing first before second generation product. There&#8217;s also scarcity in size in all of New Jersey.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IndCor purchased an industrial facility last year and now has secured a lease from Argix to occupy the building&#8217;s entire space.<\/p>\n","protected":false},"author":969,"featured_media":1004045689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,11,21742],"tags":[],"class_list":["post-1004045690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-midatlantic","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property\" \/>\n<meta property=\"og:description\" content=\"IndCor purchased an industrial facility last year and now has secured a lease from Argix to occupy the building&#039;s entire space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-08-22T15:53:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T00:58:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/08\/IndCor-100-Middlesex-Center-Blvd11.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"3136\" \/>\n\t<meta property=\"og:image:height\" content=\"1472\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Barbra Murray\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/\"},\"author\":{\"name\":\"Barbra Murray\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d1edda962dd3af55af8a203870f9fc32\"},\"headline\":\"IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property\",\"datePublished\":\"2012-08-22T15:53:22+00:00\",\"dateModified\":\"2022-12-09T00:58:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/\"},\"wordCount\":211,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2012\\\/08\\\/IndCor-100-Middlesex-Center-Blvd11.jpg\",\"articleSection\":[\"Industrial\",\"Mid-Atlantic\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/\",\"name\":\"IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2012\\\/08\\\/IndCor-100-Middlesex-Center-Blvd11.jpg\",\"datePublished\":\"2012-08-22T15:53:22+00:00\",\"dateModified\":\"2022-12-09T00:58:57+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d1edda962dd3af55af8a203870f9fc32\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2012\\\/08\\\/IndCor-100-Middlesex-Center-Blvd11.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2012\\\/08\\\/IndCor-100-Middlesex-Center-Blvd11.jpg\",\"width\":\"3136\",\"height\":\"1472\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d1edda962dd3af55af8a203870f9fc32\",\"name\":\"Barbra Murray\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g\",\"caption\":\"Barbra Murray\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/barbra-murray\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/","og_locale":"en_US","og_type":"article","og_title":"IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property","og_description":"IndCor purchased an industrial facility last year and now has secured a lease from Argix to occupy the building's entire space.","og_url":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2012-08-22T15:53:22+00:00","article_modified_time":"2022-12-09T00:58:57+00:00","og_image":[{"width":3136,"height":1472,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/08\/IndCor-100-Middlesex-Center-Blvd11.jpg","type":"image\/jpeg"}],"author":"Barbra Murray","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/"},"author":{"name":"Barbra Murray","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32"},"headline":"IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property","datePublished":"2012-08-22T15:53:22+00:00","dateModified":"2022-12-09T00:58:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/"},"wordCount":211,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/08\/IndCor-100-Middlesex-Center-Blvd11.jpg","articleSection":["Industrial","Mid-Atlantic","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/","url":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/","name":"IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/08\/IndCor-100-Middlesex-Center-Blvd11.jpg","datePublished":"2012-08-22T15:53:22+00:00","dateModified":"2022-12-09T00:58:57+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/08\/IndCor-100-Middlesex-Center-Blvd11.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/08\/IndCor-100-Middlesex-Center-Blvd11.jpg","width":"3136","height":"1472"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/indcor-secures-343500-expansion-lease-at-nj-industrial-property\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32","name":"Barbra Murray","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g","caption":"Barbra Murray"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/barbra-murray\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/08\/IndCor-100-Middlesex-Center-Blvd11.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004045690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/969"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004045690"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004045690\/revisions"}],"predecessor-version":[{"id":1004620575,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004045690\/revisions\/1004620575"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004045689"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004045690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004045690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004045690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}