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
Northern New Jersey’s top 10 industrial sales of 2017, according to RCA

At least for 2017, industrial became the new darling of institutional investors. Here are the top 10 industrial sales in New Jersey of 2017, according to Real Capital Analytics.

Office
VREP hires new directors of leasing, property management

Vision Real Estate Partners has bolstered its leadership team with the addition of directors of leasing and property management.

Office
Saxum acquires 38,000 sq. ft. Red Bank office building

Developer and investment firm Saxum Real Estate has purchased a well-known, 38,000-square-foot office building in Red Bank, its latest acquisition in the borough in a little more than a year.

People
Hanson to be honored as part of 2017 New Jersey Hall of Fame class

Commercial real estate magnate Jon F. Hanson will be among more than a dozen new inductees this year for the New Jersey Hall of Fame.

Industrial
Denholtz tops 1 million sq. ft. in leasing in 2017

A mix of nearly 200 new leases and renewals helped fuel Denholtz Associates’ portfolio in 2017, allowing it to surpass 1 million square feet in activity for the second consecutive year.

Office
NKF picked to market upgraded office building in Bridgewater

The owner of a Bridgewater office building has hired Newmark Knight Frank as its leasing agent, as it continues a series of upgrades at the nearly 200,000-square-foot property.

Professional Services
Ripco touts new hire in N.J. office

Ripco Real Estate has hired a new broker in its New Jersey office, whose initial assignments include overseeing agency retail leasing for at least two property owners.

Industrial
Bergen flex buildings trade in 1031 exchange, NAI Hanson says

An investor has purchased two adjacent flex industrial buildings in Saddle Brook as part of a recent 1031 exchange, brokers with NAI James E. Hanson said Wednesday.

Retail
Onyx touts upgrades, leasing at 285,000 sq. ft. Woodbridge complex

Onyx Equities LLC has launched a multimillion-dollar renovation at a 285,000-square-foot shopping center in Woodbridge, where it has inked more than 100,000 square feet in new leases and renewals over the past year.

Residential & Mixed Use
NJAA installs new board president at annual meeting (SLIDESHOW)

A longtime executive with Morgan Properties has taken the helm as board president of the New Jersey Apartment Association.