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.

Industrial
Dover industrial building slated for residential, commercial rehab

Team Resources has announced the sales of two North Jersey industrial buildings, including a former manufacturing complex that is now slated for mixed-use redevelopment.

Industrial
NAI Hanson: E-commerce service firm inks lease in Fair Lawn

An e-commerce toy and clothing distributor has leased 12,500 square feet at a warehouse and flex building in Fair Lawn, according to NAI James E. Hanson.

Retail
Fort Lee retail property fetches $4.6 million, Marcus & Millichap says

A corner retail property near the George Washington Bridge has changed hands among private investors, following a nearly $4.6 million sale arranged by Marcus & Millichap.

Office
Colliers: Rare surplus space available at Dow Jones campus in Princeton area

Publishing giant Dow Jones is marketing excess space at its highly visible, 420,000-square-foot office complex along Route 1 in South Brunswick, Colliers International Group said Monday.

Finance & Capital Markets
New service brings new benefits to limited partners, investors

Eastern Union Funding has launched a new service aimed at helping limited partners increase their return from a real estate investment — without taking on additional risk. In the process, their general partners will have an opportunity to bring in additional equity.

Hospitality & Tourism
New 133-room Hampton Inn comes to Bridgewater

A developer has opened a new 133-room hotel along Route 22 in Bridgewater, seeking to capture demand from the region’s population and nearby corporations.

Office
Insurance firm takes 20K sq. ft. at Morristown office building

Vision Real Estate Partners has leased nearly 20,000 square feet to an insurance firm at its newly acquired office building in Morristown, the largest among several recent deals announced by the firm.

Professional Services
Residential, day care building set to rise in Newark’s Ironbound

An architectural firm has completed its design of a new mixed-use residential and day care building that is now under construction in Newark’s Ironbound section.

Residential & Mixed Use
HFF marketing Mercer County apartment community

The owner of a 312-unit, Princeton-area apartment community has hired HFF to sell the property.

Office
Nonprofit looks to streamline footprint in northern New Jersey

The United Way of Northern New Jersey has tapped JLL to help it consolidate its footprint in the region, starting with the sale of an office condominium in Morris County.