Market Sectors

New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.

Industrial
Hertz signs new lease for 10.4-acre industrial parcel in Newark, Blau & Berg says

Hertz Corp. has signed a new lease in Newark at a site that serves as a key location for its car and box truck rental services, brokers with The Blau & Berg Co. announced this week.

Industrial
New Jersey industrial leasing jumps in Q1 as top-tier tenants return (in search of top-tier space)

Blue-chip tenants are coming back to New Jersey’s industrial market, boosting lease activity to start the year as occupiers search for higher-end warehouse and logistics space.

Professional Services
Bryan, Shuffler join forces for new public affairs, communications firm

Policy and public relations experts Dan Bryan and Eric Shuffler have launched Resolve Strategic Communications, a full-service agency serving the public, private and nonprofit sectors.

Office
Vacant 5,600 sq. ft. office building in Englewood Cliffs fetches $1.8 million, Kislak says

A private buyer has closed on a vacant 5,600-square-foot office building in Englewood Cliffs, in a newly announced deal by The Kislak Co. Inc.

Industrial
Denholtz cracks top 10 in national small-bay industrial ranking

Denholtz, the Red Bank-based investment manager, is gaining notice for its growing portfolio of small-bay industrial space.

Residential & Mixed Use
Newest ‘Centurion’ project in Union Township hits 65 percent leased, developer says

Landmark has welcomed the latest crop of renters to Centurion Union Center, its fast-growing mixed-use district in Union Township.

Retail
Crossroads, Wafra buy grocery-anchored center in Ramsey in partnership arranged by CBRE

A joint venture has acquired a nearly 349,000-square-foot retail property in Bergen County, completing the deal under an equity partnership arranged by CBRE.

Industrial
Logistics firm, wellness brand combine for 536,000 sq. ft. in new deals at Arsenal Trade Center

Trammell Crow Co. has filled some 536,000 square feet at a new industrial park in Sayreville, securing leases with a Chinese logistics firm and a maker of massage and wellness products.

Industrial
Conley joins Crow Holdings Development as senior associate, construction management

Crow Holdings Development has hired Travis Conley as a senior associate for construction management, bolstering the team behind its growing development pipeline in the Northeast.

Professional Services
Levin Management touts ‘legacy of continuity’ as co-founder William Farber marks 55-year milestone

Levin Management Corp. is celebrating its chairman, William A. Farber, marking 55 years since he joined the Levin organization before co-founding the affiliated real estate services firm.