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.

Retail
Restaurant chains ink leases at new Paramus retail site, Advance says

Three restaurants have leased space along Route 17 in Paramus, where Advance Realty is set to deliver a new 40,000-square-foot addition to an existing shopping center.

Health Care & Education
Goldstein Group inks 8,000 sq. ft. lease with dialysis chain in Gloucester

A dialysis chain has renewed its lease for nearly 8,000 square feet in Gloucester County, under a newly announced transaction by The Goldstein Group.

Residential & Mixed Use
FirstService adds property management assignment in Burlington Co.

FirstService Residential has expanded its portfolio in southern New Jersey with a new property management assignment at a condominium community in Evesham Township.

Industrial
Sitex acquires 100,000 sq. ft. Meadowlands property

Sitex Group has acquired a 100,000-square-foot warehouse building in Carlstadt, one of three recent additions to its industrial portfolio in New Jersey and New York.

Industrial
Snack box maker takes 33,000 sq. ft. sublease in Carlstadt, Atlantic says

An e-commerce company focused on snack foods has taken 33,000 square feet in Carlstadt, under a newly announced sublease by Atlantic Real Estate Services.

Office
C&W touts 48,000 sq. ft. in leasing at Bridgewater office building

A technology firm has leased 24,000 square feet at a newly updated office building in Bridgewater, the largest among three recent transactions announced by Cushman & Wakefield.

Professional Services
NKF announces new hires in New Jersey financial reporting group

Newmark Knight Frank has bolstered its valuation and advisory practice in New Jersey with two of its newest hires.

Professional Services
Lee & Associates adds longtime N.J. property management exec

Lee & Associates has hired a veteran property management executive to help expand the firm’s practice and support its existing clients in New Jersey.

Industrial
JLL: Investors plan upgrades after acquiring 1.1 million sq. ft. Newark industrial complex

A joint venture has acquired the former Ballantine Brewery site in Newark for $61 million, adding a 1.1 million-square-foot, multitenant industrial complex in the port submarket.

Office
Law firm takes 34,000 sq. ft. for new HQ in Cranford, NKF says

A global law firm is leasing nearly 35,000 square feet in Cranford as part of a relocation from its longtime headquarters, in a transaction announced Thursday by Newmark Knight Frank.