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
Colliers: Financial services firm recommits to Morristown

A financial services firm has renewed the lease at its longtime home in Headquarters Plaza in Morristown, where it occupies 33,000 square feet across two full floors.

Retail
Five retailers ink new leases in Hoboken, Ripco says

Cosmetics chain Sephora has leased 2,450 square feet for what will be its first store in Hoboken, one of five new retail deals in the city announced this week by Ripco Real Estate.

Industrial
Team Resources touts industrial deals with logistics firm, toy maker

A freight forwarding company has leased 38,000 square feet in Saddle Brook, one of three recent industrial deals brokered by Team Resources Inc.

Current Issue
All in on Jersey City: Pasternak discusses KABR’s diverse pipeline and moving forward in Journal Square

Ken Pasternak is chairman of the KABR Group, a real estate development and investment firm based in Ridgefield Park. — Courtesy: KABR Group By Joshua Burd It doesn’t have quite the cachet of a new luxury high-rise near the Hudson…

Professional Services
Fox Rothschild shows off new Morristown office space (PHOTOS)

A crowd of real estate executives and professionals turned out recently as Fox Rothschild LLP unveiled its new 42,000-square-foot office building in downtown Morristown.

Retail
Hampshire sells QuickChek building in Bergen County

The Hampshire Cos. has sold a 4,700-square-foot, freestanding QuickChek store in Bergen County, the Morristown-based real estate investment firm said Monday.

Retail
Retail leasing veteran joins Goldstein Group urban division

By Joshua Burd The Goldstein Group has added a vice president in its newly formed brokerage unit focused on mixed-use retail property in downtown and urban markets. In a news release, the firm announced the hiring of Ralph Hanan as…

Retail
Mount Olive retail property sells for $5.9 million

A private investor has reaped nearly $6 million from the sale of a 47,750-square-foot retail property in Mount Olive, under a transaction brokered by Marcus & Millichap.

Professional Services
Property owners have come to learn the value of hurricane preparedness, and response

The five-year anniversary of Hurricane Sandy is a stark reminder that some of New Jersey’s most valuable real estate markets are also the most vulnerable. Frank Romeo knows that to be the case in not only the Garden State, but across the country.

Office
Mack-Cali details $50 million upgrades at office buildings in northern, central N.J.

Mack-Cali Realty Corp. has offered a glimpse at $50 million in upgrades it’s planning at a dozen suburban office buildings in the Parsippany, Short Hills, Metropark and Red Bank submarkets.