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

Ambulance, emergency vehicle dealer expanding with 75,000 sq. ft. lease in Lakewood

Sudler Cos. has secured a full-building, 75,000-square-foot industrial lease in Lakewood with a seller and upfitter of emergency and specialty vehicles, brokers with Avison Young announced.

Professional Services

Chun joins Day Pitney real estate, land use team based in New Jersey

Grace Chun By Joshua Burd Day Pitney LLP has welcomed Grace Chun as counsel, bolstering its Parsippany-based team of real estate and land use attorneys. According to the firm, Chun brings more than 16 years of experience advising clients on…

People

Ridgecut Road touts four new hires to support growing low-coverage industrial portfolio

Ridgecut Road is bolstering its team, announcing several new hires to support its growing portfolio of industrial outdoor storage and low-coverage assets in and around New Jersey.

Industrial

Investment firms trade 13,000 sq. ft. Metuchen industrial building in $3.5 million deal by BRC

60 Liberty St. in Metuchen — Courtesy: Bussel Realty Corp. By Joshua Burd An investment firm has acquired a nearly 13,000-square-foot industrial building in Metuchen for $3.5 million, according to a brokerage team with Bussel Realty Corp. The buyer, Sixty…

Industrial

Edison cabinet maker sells 4,000 sq. ft. industrial building on Route 1, NAIDB says

1251 Route 1 in Edison — Courtesy: NAI DiLeo-Bram & Co. By Joshua Burd A family-owned cabinet business has sold a 4,000-square-foot industrial building in Edison, in a newly announced deal by NAI DiLeo-Bram & Co. Marc L. Shein, an…

People

JLL adds Buck, Berckmans to bolster tristate nonprofit, education and government practice

JLL has strengthened its nonprofit, education and government practice in the tristate region with the return of Allison Buck and the addition of Ella Berckmans.

Deals

Clarion Partners, auto parts retailer ink 444,000 sq. ft. industrial lease in Cranbury

An auto parts retailer has taken more than 444,000 square feet of modern industrial space along the New Jersey Turnpike in Cranbury, in a deal arranged by The Blau & Berg Co. and JLL.

Developer lands site plan approval for 68-unit Plainfield rental project, Taylor Architecture says

Plans for a new 68-unit apartment building in Plainfield are moving ahead with a key approval from city officials, according to a team with Taylor Architecture & Design.

Deals

Denholtz inks 21,000 sq. ft. lease in first deal at new Bridgewater industrial building

Denholtz has delivered more than 73,000 square feet of new industrial space in Bridgewater, having already leased nearly a third of the building to a supermarket technology company.

Industrial

JLL: Provident Bank closes construction, bridge loan to Hillsborough self-storage developer

A developer has secured construction and bridge financing for a planned 709-unit self-storage facility in Somerset County, brokers with JLL announced Monday.