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.

Finance & Capital Markets
NKF inks sale of 788,000 sq. ft. industrial portfolio in Connecticut

Capital markets brokers based in Newmark Knight Frank’s Rutherford office have inked the sale of a six-building, 788,000-square-foot industrial portfolio in Connecticut.

Retail
New fitness center anchors mixed-use redevelopment in East Orange

A real estate investment firm is marking the debut of a 16,400-square-foot health club in East Orange, a major step forward in a plan to reposition the once-vacant commercial property.

Health Care & Education
Pediatric urgent care commits to new space in Pompton Plains, Jeffery says

A pediatric urgent care chain has leased more than 6,400 square feet in Pompton Plains, backfilling the space of a former mattress store on Route 23.

Retail
Azarian touts new leases within central, northern N.J. portfolio

The Azarian Group LLC has leased more than 9,000 square feet at a high-end retail center in North Brunswick, part of what the firm says was a banner year across its portfolio.

Residential & Mixed Use
Hudson County apartment sales total $8 million

Investors have paid a combined $8 million for 60 apartments in Hudson County, in a set of transactions arranged by Redwood Realty Advisors.

Professional Services
CBRE names new executive VP in New Jersey

CBRE has promoted one of its well-known brokers in New Jersey for the second time in less than a year.

Industrial
NAI Hanson brokers 25,000 sq. ft. lease for vitamin maker

A vitamin manufacturer has leased more than 25,000 square feet of industrial space in Carlstadt, under a newly announced deal brokered by NAI James E. Hanson.

Professional Services
GZA adds N.J.-based dam engineering practice

A geotechnical and environmental consulting firm has made its latest acquisition in New Jersey, a Sussex County-based practice focused on dam engineering.

Industrial
Logistics firm inks 254,000 sq. ft. industrial lease in Piscataway

A third-party logistics company has committed to a major expansion with a newly signed lease at a Piscataway industrial building, brokers with Colliers International said.

Finance & Capital Markets
Progress Capital brokers $6.5 million loan for Toms River office, retail project

Plans for a 40,000-square-foot commercial project in Toms River are moving forward with the help of a $6.5 million construction loan arranged by Progress Capital Advisors.