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.

People
Leading N.J. land use attorney Gonchar joining Sills Cummis

Meryl Gonchar, a veteran and well-known land use attorney in New Jersey, has a new home at one of the state’s powerhouse law firms.

Industrial
NAI DiLeo-Bram & Co. brokers industrial sales totaling $14M

A pair of Central Jersey commercial buildings have changed hands after transactions brokered by NAI DiLeo-Bram & Co., the firm announced.

Retail
Sports training center finds space in Cherry Hill

A new sports training facility has leased 20,240 square feet at a Cherry Hill retail property, Wolf Commercial Real Estate announced.

Office
Reinventing J.C. waterfront is key to office leasing, panel says

Demand for Class A office space is surging along the Hudson waterfront. But commercial landlords in Jersey City are anything but satisfied.

Residential & Mixed Use
Developers break ground on Cherry Hill rental project

A new upscale rental community is coming to Cherry Hill under a long-awaited project by developers Sterling Properties and Bob Dale.

Hospitality & Tourism
Owner launches energy upgrades to Teaneck hotel

Alfred Sanzari Enterprises has launched a multimillion-dollar upgrade to the energy infrastructure at the Marriott at Glenpointe, the hotel in its Teaneck business complex.

Health Care & Education
Upgrades complete at Bergen County medical office

A Ridgewood medical practice has completed a renovation and expansion of its office, following a project designed by locally based Poskanzer Skott Architects.

Residential & Mixed Use
Developer launches next phase of Jersey City project

Fields Construction Co. has broken ground on the second of two 15-story apartment buildings near St. Peter’s Prep high school in Jersey City, the firm announced.

Office
New dental practice takes over Hackensack building

NAI James E. Hanson has brokered a 1,025-square-feet office lease between a Hackensack landlord and a dental practice, the firm said Thursday.

Finance & Capital Markets
N.J. team brokers $390M sale of retail assets in New York, Alabama

Brokers in HFF’s Florham Park office have closed a $390 million sale of a 4.5 million-square-foot retail portfolio spread across New York and Alabama, the firm announced.