Industrial real estate investment has emerged as one of the most active sectors in commercial real estate, driven by the sustained growth of logistics and distribution networks, last-mile delivery infrastructure, and advanced manufacturing. Acquiring an industrial complex — a multi-building property that may include warehouse and distribution facilities, manufacturing space, truck courts, and significant acreage — involves a level of due diligence and transaction complexity that goes well beyond a standard commercial acquisition. Buyers need counsel who understands the asset class, can identify the legal issues specific to industrial properties, and can close a sophisticated transaction efficiently while protecting the buyer’s interests at every stage.
Mandelbaum Barrett PC attorney Craig Alexander, Esq. represented real estate investors in a multi-million dollar acquisition of an industrial complex. Alexander practices in the firm’s corporate law and real estate practice groups, advising investors, developers, and businesses on commercial real estate acquisitions, dispositions, financing, and related transactions throughout New Jersey and the broader market. This transaction reflects the firm’s ability to represent sophisticated real estate investors in complex industrial property acquisitions.
Acquiring an Industrial Complex
Industrial complex acquisitions require careful attention to several categories of due diligence that are particularly important for properties in this asset class. Environmental due diligence is a priority — industrial properties carry higher risk of soil and groundwater contamination from historical use, and buyers need Phase I and, if warranted, Phase II environmental assessments to understand what they are acquiring. Zoning compliance must be confirmed for the specific industrial uses intended, and any non-conforming uses or structures should be identified and addressed in the purchase agreement.
The condition and ownership of improvements — buildings, loading docks, truck courts, rail access infrastructure if present, utility connections, and site improvements — must all be verified. If the property is leased at acquisition, the buyer’s counsel must review all existing lease agreements to understand tenant rights, rent rolls, lease expiration and renewal provisions, and any existing defaults or disputes. The purchase agreement must address all of these findings, along with appropriate representations, warranties, and indemnification provisions that protect the buyer post-closing.
According to the U.S. Environmental Protection Agency, environmental assessment of industrial properties is an important component of responsible real estate acquisition, and buyers who identify and address environmental issues in due diligence protect themselves from post-closing liability. Experienced real estate counsel helps industrial property buyers navigate environmental, zoning, and transactional due diligence efficiently.
Contact Mandelbaum Barrett PC for Real Estate Acquisition Guidance
If you are acquiring an industrial complex or other commercial property in New Jersey and need experienced real estate counsel, the real estate team at Mandelbaum Barrett PC can help.
Reach out through our contact page to speak with our team. We are here to help real estate investors navigate complex industrial and commercial property acquisitions.
These stories are successful case results from our attorneys. Please note that results may vary depending on your particular facts and legal circumstances.