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
Bergen County retail building fetches $4.8 million

A private investor has sold a 14,900-square-foot retail building in River Vale for nearly $5 million, brokers with Marcus & Millichap announced Tuesday.

Office
Two tenants renew at Denholtz building in Holmdel

Denholtz Associates has completed two lease renewals totaling more than 5,000 square feet at a 44,000-square-foot Holmdel office building.

Residential & Mixed Use
HFF: Buyer sought for new 377-unit Jersey City property

A new 377-unit, luxury apartment property at the border of Jersey City and Hoboken has hit the market for sale.

Residential & Mixed Use
Developer plans 235-unit apartment building in Hackensack, brokers say

A developer is set to build 235 new luxury apartments in Hackensack after closing on two properties in the city’s downtown.

Office
CBRE tapped as leasing agent for 380,000 sq. ft. Livingston building

Eastman Cos. has hired CBRE as its leasing agent at a 380,065-square-foot office building in Livingston, the real estate services firm announced Monday.

Professional Services
Purchasing manager is among newest hires for Hollister

Hollister Construction Services has made another addition to its team with the hiring of a new purchasing manager.

Professional Services
Title agencies in central, southern New Jersey announce merger

Two New Jersey-based title agencies have joined forces in an effort to expand their footprint in the Garden State, the firms announced Monday.

Residential & Mixed Use
Woodmont hails lease-up, new retailers at Metuchen project

Woodmont Properties is touting the lease-up of 273 new apartments in Metuchen, while also marking the addition of three retailers to the mixed-use project.

Industrial
JLL: Developers break ground on 203,000 sq. ft. industrial building in South Brunswick

A joint venture has broken ground on more than 200,000 square feet of new industrial space in South Brunswick, according to brokers with JLL who helped orchestrate the project.

Health Care & Education
C&W: Three tenants join new medical, retail building in Franklin Lakes

Three medical office tenants have leased space at a new 32,500-square-foot, mixed-use building in Franklin Lakes.