Morris County has solidified its position as a premier logistics corridor with a series of newly signed leases across three key industrial and flex properties. Resource Realty of Northern New Jersey (RRNNJ) on Thursday announced the transactions signaling a persistent appetite for flexible warehousing and suburban office space.
The recent activity highlights a broader trend in New Jersey’s industrial market—currently ranked as one of the tightest in the United States—where operational efficiency and strategic location are outweighing traditional prestige for modern businesses.
The largest of the recorded transactions was a 13,660-square-foot industrial lease expansion at 102 Iron Mountain Road in Mine Hill. RRNNJ Principal Brian Wilson, representing the landlord, secured the deal with a third-party logistics (3PL) firm.
“Morris County continues to be a crucial corridor for companies due to its exceptional highway interchange access and highly skilled labor pool,” Wilson said. “The market’s diverse product classes mean that businesses no longer have to compromise. They can secure well-maintained, managed, and strongly occupied options.”
Key Industrial Transactions:
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Mine Hill: 13,660 SF expansion at 102 Iron Mountain Rd. (Landlord: Brian Wilson).
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Mount Olive: 9,780 SF warehouse lease at 426 Sand Shore Rd. (Tenant: Scott Peck).
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Flanders: 4,610 SF office expansion at 4 Gold Mine Rd. (Dual representation: Brian Wilson).
While large-scale distribution centers often dominate industry headlines, RRNNJ Principal Scott Peck emphasized that the “light industrial” sector is seeing equally intense competition. Representing the tenant at 426 Sand Shore Road, Peck successfully navigated a low-vacancy environment to secure a 9,780-square-foot facility.
“The demand for quality warehouse product, particularly the light industrial spaces favored for their smaller format floorplans, remains intense and persistent,” Peck said. “We expect this high level of demand to remain through 2026.”
The leasing momentum extended into the suburban office sector with a 4,610-square-foot expansion for TEAM Behavioral Consultants in Flanders. Brian Wilson served as a dual agent for both the landlord and the tenant, highlighting the stability of well-located suburban assets for professional services.
“While the industrial market grabs headlines, the flex and office sectors continue to demonstrate the appeal of strategically located suburban properties. This activity is a testament to the consistent need for physical office locations for client-facing firms.” — Wilson said.
