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.

Investor adds 60-unit Hudson County apartment portfolio for $10 million, Kislak says

A private investor has acquired 60 units in northern Hudson County for a combined $10 million, in a pair of newly announced transactions by The Kislak Co. Inc.

Kennedy details top policy, organizational goals after taking over as NAIOP New Jersey CEO

Dan Kennedy is now at the helm of NAIOP New Jersey after taking over as CEO on Aug. 1, with plans to tackle a host of key public policy issues and visions of bolstering what is already one of the commercial real estate association’s strongest and most-respected local chapters.

Buyer wanted for nine-acre, commercially zoned site in Hunterdon, Lee & Associates says

The owner of a nine-acre development site in Clinton is seeking a buyer for the Route 22 property, brokers with Lee & Associates New Jersey announced Wednesday.

Procida taps Coldwell Banker, Kamson for Cherry Hill residential project

Developer and investor Billy Procida has assembled a new team for a luxury residential community in Cherry Hill, as it prepares to bring another 283 units to the site.

Sheldon Gross: Electrical contractor association takes 5,000 sq. ft. in Somerset

The New Jersey Independent Electrical Contractor Association has leased 5,000 square feet of commercial space in Franklin’s Somerset section, in a deal arranged by Sheldon Gross Realty.

BRC inks sale of 10,000 sq. ft. Roselle industrial building to commercial printer

A commercial printer has acquired a more than 10,000-square-foot industrial building in Roselle, in a newly announced transaction by Bussel Realty Corp.

Hampshire inks 17,000 sq. ft. office lease in Morristown with Sanofi Consumer Healthcare

The Hampshire Cos. has leased up a newly renovated office building in downtown Morristown after securing a nearly 17,000-square-foot deal with Sanofi’s Consumer Healthcare unit.

Larken’s Iacobucci promoted to CFO one year after joining firm

Larken Associates has promoted veteran industry executive David Iacobucci to chief financial officer, the Branchburg-based firm announced Tuesday.

Stone importer takes 40,000 sq. ft. in New Brunswick industrial lease, Connors says

A stone supplier has leased 40,000 square feet of warehouse space in New Brunswick, in a deal arranged by the William F. Connors Agency.

LMC adds Harrison as senior leasing representative

Levin Management Corp. has deepened its bench with the addition of a new senior leasing representative.