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
NAIDB, NAI Hanson team up to market new 106,000 sq. ft. South Brunswick industrial project

The owner of more than 106,000 square feet of new industrial space in South Brunswick has paired two well-known New Jersey-based brokerage firms to help it attract a tenant.

Professional Services
Wilkes, regional leader of Ware Malcomb civil practice, elevated to principal

Ware Malcomb has promoted Ed Wilkes to principal, a move that highlights his role in building its civil engineering practice in New Jerey and across the East Coast.

Residential & Mixed Use
Design industry veteran Brach joins Walters Architecture

Walters has hired Fred Brach, bolstering the team responsible for designing its affordable housing communities throughout the region.

Community
JLL teams with nonprofit in volunteer, fundraising effort to transform pediatric hospital rooms

JLL employees across the country are lending their support to Once Upon a Room, an inspiring nonprofit that transforms hospital rooms and spaces for children battling serious illnesses.

Office
JLL seeking buyer for 167,000 sq. ft. Princeton-area office building, home to Integra HQ

The headquarters of a global medical device company is on the market for sale in Plainsboro, offering what brokers say is a single-tenant, net-leased office property in a coveted submarket.

Government & Public Policy
Sherrill signs order to speed housing production, eyeing cross-agency council with key deadlines

Gov. Mikie Sherrill is making a push to accelerate housing production in the state, announcing plans for a new multiagency council and several other steps to reduce barriers to development.

Retail
RH Outlet debuts 51,000 sq. ft. Paramus store, reviving long-vacant box in prime location

RH Outlet has a new address in Paramus, unveiling a nearly 51,000-square-foot store under a lease arranged by RIPCO Real Estate and Levin Management Corp.

Retail
Growing fitness chain takes 3,200 sq. ft. on Route 70 in Marlton, BRC says

A fitness and conditioning studio has leased 3,200 square feet of highway retail space in the Marlton section of Evesham Township, brokers with Bussel Realty Corp. announced Monday.

Office
Newmark Associates named leasing team for 129,000 sq. ft. West Orange office building

The owner of a more than 129,000-square-foot office building in West Orange has tapped Newmark Associates CRE as its leasing team, the real estate services firm announced last week.

Retail
Goldstein Group: Electronics Expo opens in recently acquired, renovated store in Paramus

A new Electronics Expo has opened in Paramus, occupying a freestanding building that its owners acquired last year in a deal brokered by The Goldstein Group and NIA National Realty.