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.

People
JLL hires prominent brokerage team, plans new Princeton office

A well-known, Princeton-area brokerage team has joined JLL as part of the firm’s plan to launch a new office and expand its reach in the high-profile submarket.

Industrial
Sitex names new senior VP after recent promotion

An executive with Sitex Group has earned a promotion, thanks in part to his effort to help grow the firm’s investment platform to new markets.

Industrial
NAI Hanson: Cabinet maker buys 42,000 sq. ft. Piscataway warehouse

A cabinet maker has acquired a 41,700-square-foot industrial building in Piscataway, in a newly announced transaction by NAI James E. Hanson.

Office
Pain management practice finds new HQ in Mount Laurel

A growing pain management practice has acquired an 11,052-square-foot office building in Mount Laurel, under a transaction arranged by Rose Commercial Real Estate.

Top News
Larken recaps 700,000 sq. ft. in leasing, new acquisitions in 2018

Larken Associates is touting a 20 percent increase in leasing activity in 2018, part of a year in which it also added two New Jersey shopping centers to its regional portfolio.

Professional Services
GZA names new CEO, chief operating officer

GZA GeoEnvironmental Inc. has named a new CEO, tapping one of its longtime engineers and executives to oversee the growing practice.

Residential & Mixed Use
Leasing underway at new 69-unit rental building in Somerville

Sterling Properties has launched leasing at its new 69-unit, luxury apartment building in downtown Somerville.

Professional Services
Gebroe-Hammer touts three new broker promotions

Gebroe-Hammer Associates has promoted three of its top-producing brokers to new executive management positions, following what the firm says was another banner year.

Sponsored Content
Real Estate NJ’s 2019 Market Forecast

What does the year 2019 have in store for New Jersey’s commercial real estate market? We recruited some of the most influential developers, professionals and thought leaders in New Jersey commercial real estate to give us their predictions for the year ahead.

Industrial
Colliers: Interest remains high, but options still scarce in New Jersey industrial market

A lack of new supply in New Jersey’s industrial market led to a year-end slowdown in leasing — despite high demand — setting up another year of robust activity for newly built warehouse and logistics space.