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.

Office
CBRE brokers three offices leases in Florham Park

Three tenants have leased more than 20,000 square feet at a Florham Park office complex, real estate services firm CBRE said Wednesday.

Residential & Mixed Use
Developer sells Middlesex County apartments for $30 million, Gebroe-Hammer says

More than 50 years after completing a 152-unit garden apartment complex in Highland Park, the developer of the property has sold it for $30 million.

Industrial
Atlantic Real Estate touts industrial deals in Piscataway, South Brunswick

Atlantic Real Estate Services has completed three recent industrial leases in Middlesex County for more than 400,000 square feet, the brokerage firm announced this week.

Industrial
Sanzari inks 23,000 sq. ft. lease with dental implant maker

A dental implant company has leased 23,000 square feet at a Bergen County industrial building owned by Alfred Sanzari Enterprises.

Office
Newark’s construction boom is bolstered by a long-awaited change in perception, CBRE says

Experts say Newark is enjoying not only a surge of new private-sector investment, but also a level of interest that is helping to break the stigma that has plagued it for decades.

Residential & Mixed Use
South Jersey apartment complex trades for $32.1 million

A multifamily owner has sold a 546-unit garden apartment complex in Camden County for $32.1 million, in a newly announced sale arranged by Gebroe-Hammer Associates.

Industrial
Hampshire sells 71,000 sq. ft. industrial building in Fairfield

The Hampshire Cos. has sold a Fairfield industrial building to a local manufacturing business, which will use the space to accommodate its growing operation.

Professional Services
Denholtz announces promotion in leasing department

A member of Denholtz Associates’ leasing team has earned her latest promotion during nearly a decade with the company.

Retail
Fund acquires Hudson County retail center anchored by wholesaler, grocery store

The developer of a two-year-old, 139,900-square-foot retail center in Hudson County has sold the property to a fund managed by Bentall Kennedy, brokers with Cushman & Wakefield said.

Retail
Colliers, Ten-X marketing 125,000 sq. ft. retail center in Robbinsville

Brokers with Colliers International have been tapped to sell a Robbinsville shopping center off Route 33, working in conjunction with the online auction platform Ten-X.