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
How SJP is filling its talent pipeline

Commercial real estate firms in recent years have grappled with finding young talent to help fortify their ranks for years to come. But Steve Pozycki believes the long-term stability of SJP Properties has helped it attract the next generation of executives.

Office
In Bridgewater, SJP is meeting the needs of today — and tomorrow

In addition to searching for new development opportunities, SJP Properties is focused on ensuring that its existing buildings stay at the top of the market.

Office
Mack-Cali names new CFO, executive VP of leasing

Mack-Cali Realty Corp. has announced changes in two top management positions, hiring a new chief financial officer and a new executive vice president of leasing.

Health Care & Education
CBRE touts 97,000 sq. ft. lease for Newark public schools

Newark’s public school system has opened a new central office in the city’s downtown, following a 97,000-square-foot lease announced Friday by CBRE.

Professional Services
SIOR names NAI Mertz broker as N.J. chapter president

A longtime broker with NAI Mertz has taken over as New Jersey chapter president for the Society of Industrial and Office Realtors.

Retail
WCRE inks 6,100 sq. ft. lease in Voorhees with child care center

A child care business has leased more than a third of a 15,070-square-foot retail building in Camden County, brokers with Wolf Commercial Real Estate said Friday.

Residential & Mixed Use
Hartz celebrates debut of long-awaited, 469-unit rental complex in Secaucus

Hartz Mountain Industries has marked a milestone more than 35 years in the making, opening the first residential community within its well-known Harmon Meadow development in Secaucus.

Finance & Capital Markets
Owner of New Jersey, Virginia warehouse portfolio secures $11.3 million loan

HFF has arranged $11.3 million in financing for the owner of a three-building warehouse portfolio in New Jersey and northern Virginia, the brokerage firm said Thursday.

Industrial
NAI Mertz inks 135,000 sq. ft. warehouse lease in Moorestown

A newly renovated warehouse building in Moorestown has landed a 135,000-square-foot tenant, under a long-term lease arranged by brokers with NAI Mertz.

Government & Public Policy
NJBA honors standouts in housing, building industry at annual luncheon

The New Jersey Builders Association recognized more than two dozen developers and professionals earlier this week as part of its annual Industry Awards.