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.

Professional Services
SIOR NJ highlights top industrial, office deals from 2018

The Society of Industrial and Office Realtors’ New Jersey chapter presented its annual largest deal awards last week, showcasing some of the industry’s top transactions of 2018.

Office
Title firm takes 5,100 sq. ft. for new HQ in Marlton

A title insurance firm is leasing more than 5,000 square feet in Marlton for its new corporate headquarters, under a transaction announced by Rose Commercial Real Estate.

Industrial
With opportunities scarce, deal volume slows for New Jersey industrial sales

The struggle continues for investors looking to buy industrial properties in New Jersey, where prices remain high but sales volume remains low compared to other major markets.

Industrial
Logistics firm inks 138,000 sq. ft. lease at Port Authority warehouse in Elizabeth

The Port Authority of New York and New Jersey has leased 138,000 square feet in Elizabeth to a logistics firm, under a newly announced transaction by The Blau & Berg Co.

Retail
Italian grocer takes 12,000 sq. ft. at new-look Denville shopping center

A specialty Italian food market has signed a lease to anchor a Morris County shopping center, the latest new tenant amid efforts to reposition the 75,000-square-foot complex.

Residential & Mixed Use
Long Branch condo project halfway complete, developer says

The developer of a new condominium project in Long Branch is more than halfway through construction, having sold 40 percent of the complex’s 47 oceanfront homes.

Retail
Longtime owner sells Hackensack restaurant, liquor license

A well-known restaurant in Hackensack has changed hands and is slated to undergo renovations after a newly announced sale by NAI James E. Hanson.

Industrial
Team Resources: HVAC supplier leases 11,000 sq. ft. in Lodi

A supplier of HVAC equipment and parts has leased 11,000 square feet in Lodi, in one of several recent Bergen County deals by Team Resources Inc.

Residential & Mixed Use
Kokes family, with third generation at the helm, is writing its next chapter in real estate

A third generation has taken the reins at one of the state’s best-known homebuilders, leading a boutique investment firm that has positioned the family as an equity investor, lender and developer with a new pipeline that is largely centered on rental properties.

Industrial
C&W: Logistics firm inks $51.5 million in financing for North Bergen complex

A logistics operator has landed $51.5 million to refinance two loans and expand beyond its 730,000-square-foot complex in North Bergen, in a deal arranged by Cushman & Wakefield.