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.

Saddleback inks 14,000 sq. ft. industrial lease in Rockaway

A beauty products company has leased nearly 14,000 square feet at a Rockaway industrial building, according to property owner Saddleback Real Estate Developers.

At Kearny Point, diversification is key

The wide, light-filled hallways inside Building 78 are lined with glass panels that offer a look into the businesses that have moved into Kearny Point — from a wedding dress designer to a 3D printer to venture capital-backed research labs. All signs point to a project that has succeeded in creating diversity at the 207,000-square-foot flex office space, where the first tenant committed in late 2015.

NAI Hanson marketing new 271,000 sq. ft. warehouse in Mahwah

A developer has tapped brokers with NAI James E. Hanson to market a new 271,195-square-foot warehouse under construction along the northern edge of Bergen County.

CBRE: National furniture, fitness brands to anchor new Union retail center

A well-known furniture brand is set to open later this month at a new shopping center in Union, the first of two national tenants that will anchor the 110,000-square-foot project on Route 22.

Bussel brokers 10,600 sq. ft. industrial lease in Edison

An international trading firm has leased 10,608 square feet of industrial space in the Raritan Center section of Edison, in a deal brokered by Bussel Realty Corp.

Biotech startup commits to former Roche campus in Nutley, reports say

A biotech firm has reportedly opted to move its headquarters from Brooklyn to a piece of the former Hoffmann-LaRoche campus in Nutley, following the approval of a $32.3 million state tax credit aimed at luring the company to New Jersey.

Firms acquire 245,000 sq. ft. Paterson industrial building

A joint venture has acquired a fully leased, 245,000-square-foot industrial building along Interstate 80 in Paterson, the firms announced this week.

Professional Services

Architecture firm completes redesign of county college media center

A library at the Essex County College campus in Newark is reopening this month as a modern media center and student lounge, following a project designed by an area architecture firm.

LMC announces Jersey City lease with indoor playground

An indoor playground operator has leased 14,000 square feet at a Jersey City shopping center, Levin Management Corp. announced recently.

Terreno buys Newark industrial sites for nearly $30 million

An industrial real estate firm has expanded its New Jersey holdings by acquiring two sites in Newark for a combined $29.5 million, according to the buyer and brokers involved with the deal.