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
Langan adds new associate in New Jersey, bolstering health care practice

Langan Engineering & Environmental Services has hired a veteran engineer in the region with an eye toward health care and other high-profile development work.

Top News
NAI DiLeo-Bram mourns Jeffry Jones

The state’s commercial real estate community is mourning the loss of Jeffry Jones, a longtime broker with NAI DiLeo-Bram & Co.

Industrial
Avison Young: Security firm sells HQ, relocates along Route 46

A security inspection systems firm has sold its headquarters in Fairfield and relocated to nearly 22,000 square feet in nearby Pine Brook, brokers with Avison Young announced recently.

Industrial
Refrigeration business expands, acquires Warren County industrial building

A refrigeration assembly and distribution business has acquired a 15,070-square-foot flex industrial building in Blairstown, in a sale arranged by NAI James E. Hanson.

Office
NKF: New Jersey office market bounces back, gains new ground in 2018

A stronger 2018 helped New Jersey’s office market reverse the losses of the prior two years, Newmark Knight Frank found, thanks in part to healthier demand and leasing in some of the state’s key submarkets.

Industrial
Seagis acquires 93,000 sq. ft. warehouse in Carteret

Seagis Property Group has added to its New Jersey portfolio with the acquisition of a 93,000-square-foot warehouse in Carteret.

Professional Services
NAI Hanson inks sale of 170-acre tract in Pohatcong

A regional bank has sold a 170-acre parcel in Warren County, where three buyers are now weighing a range of potential uses.

Retail
Physical therapy practice opens in Clark retail center, Denholtz says

A physical therapy group has opened a nearly 2,800-square-foot facility in Clark, the latest addition to a new retail center developed by Denholtz Associates.

Industrial
CBRE: Online returns, ‘reverse logistics’ fuel added demand for industrial space and 3PLs

The e-commerce explosion has fueled a surge in online returns — especially during the holiday season — driving additional demand for industrial space in New Jersey and nationally.

Industrial
Investment firm buys 46,000 sq. ft. Burlington warehouse, Mertz says

An industrial owner has expanded its holdings in southern New Jersey, acquiring a 46,000-square-foot warehouse in Burlington Township.