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
Legacy teams with Commerce Park, Saddleback to buy 3.7-acre Linden industrial property

Legacy Real Estate Developers has made another addition to its portfolio, acquiring a nearly four-acre industrial property in Linden in partnership with Commerce Park Investors and Saddleback Real Estate Developers.

Industrial
BRC: Elberon leases 1.6-acre IOS site in Elizabeth to lumber, building supply company

Elberon Development Group has secured a tenant for a 1.6-acre industrial outdoor storage property in Elizabeth, in a transaction arranged by Bussel Realty Corp.

Office
Spice importer takes 2,400 sq. ft. at Piscataway office building, Boniakowski says

A spice importer is expanding with the help of a newly completed office lease in Piscataway, according to a brokerage team with The Boniakowski Commercial Real Estate Group

Industrial
NorthBridge grabs 81,000 sq. ft. shallow-bay industrial complex in Rockaway

Investment manager NorthBridge Partners has acquired an 81,000-square-foot shallow-bay industrial building in Rockaway Borough, in a newly announced deal by JLL.

Retail
Investor buys 60,000 sq. ft. Flemington retail center for $4.7 million, Marcus says

A family investment group has sold a nearly 60,000-square-foot retail center in Flemington for $4.7 million, brokers with Marcus & Millichap announced Friday.

Retail
LMC: PopUp Bagels, eyeing major expansion, opens first New Jersey location in Westfield

PopUp Bagels has arrived in Westfield, marking the concept’s first New Jersey location ahead of an expansion that will include more than two dozen additional shops in the state.

Residential & Mixed Use
Newmark Associates: Toms River hotel site to become transitional housing after $7 million sale

A nonprofit has acquired a former motel property in Toms River that it now plans to convert to transitional housing, according to a brokerage team with Newmark Associates CRE.

Professional Services
REDCOM completes refresh of well-known Honda dealership on Route 3 in Clifton

A prominent Honda dealership in Clifton has completed a major renovation and expansion with the help of REDCOM Design & Construction.

Retail
Fitness concept takes 3,000 sq. ft. at Somerset Hills Shopping Center, Deluccia says

A fitness user has leased more than 3,000 square feet of newly built commercial space in Bedminster, in a transaction arranged by Deluccia Commercial Group.

Featured
Urby teams with Rockpoint for newest Jersey City project, eyeing 748-unit rental tower

The second phase of a project that began with a landmark apartment building at 200 Greene St. in Jersey City, directly west of the Hudson River and the well-known Harborside office complex, could soon begin with 201 Hudson – by…