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
KPMG kicks off work at new Montvale tech center

Accounting and consulting giant KPMG has marked the start of construction at a new technology center in Montvale, an 81,000-square-foot extension of its longtime footprint in the borough.

Retail
Brunelli: Asian grocery chain seeking to expand

R.J. Brunelli & Co. LLC, has been named the exclusive broker to help serve an Asian grocery retailer’s expansion plans New Jersey, New York and Pennsylvania, the firm said.

Professional Services
Veteran Big Pharma engineer joins PS&S

A longtime Hoffman-LaRoche engineering manager in New Jersey has found a new home at PS&S, the Warren-based engineering and architecture firm.

Residential & Mixed Use
Boutique Gold Coast apartment building fetches $3.1M, Marcus & Millichap says

An eight-unit apartment building in North Bergen has a new owner, Marcus & Millichap said Wednesday after brokering the sale of the newly built property.

Retail
Ripco: Italian specialty food chain expands into Morris County

A seller of homemade ravioli and specialty products has opened a new location in Florham Park, following a deal brokered by agents with Ripco Real Estate.

Office
Law firm opens new 42K sq. ft. Morristown office building

Fox Rothschild has opened its sleek new office building in downtown Morristown, completing a long-awaited move that will raise the law firm’s profile in a vibrant business district.

Industrial
High-end event space opens at 2M sq. ft. Kearny redevelopment

A project that calls for redeveloping a historic, 2 million-square-foot former shipyard in Kearny has attracted a Manhattan-based operator that will open a high-end event space at the property.

Retail
Jersey Shore retail, apartment property sells for $2.4 million

A mixed-use, 9,560-square-foot property in Manasquan has traded for $2.4 million, Marcus & Millichap said Tuesday.

Office
Denholtz plans lobby upgrades at Somerset office space

Denholtz Associates has launched a lobby renovation at a Somerset County office building that the development and investment firm acquired last year.

Office
Bergen County office building trades for $7 million

A private investment firm has acquired a 30,000-square-foot office building in Ramsey, in a $7 million transaction brokered by Brown Commercial Real Estate Services.