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
With redevelopment in sight, the end is near for Hub City parking deck (VIDEO)

The demolition of an aging parking structure in New Brunswick is nearly complete, clearing the way for a developer to rebuild the site as a 1.7 million-square-foot transit village.

Office
Tenants wanted for new-look Bedminster office space (PHOTOS)

Brokerage and design teams have completed a series of upgrades aimed at repositioning a 100,000-square-foot office building in Bedminster, the firms said this week.

Industrial
Mixed-use complex trades for $7M, Marcus & Millichap says

Marcus & Millichap has brokered the $7 million sale of a four-building complex in Little Ferry, the firm said Wednesday.

Office
Tulfra sells office condo for $4.1 million

Tulfra Real Estate has sold a 27,000-square-foot office condominium in Totowa to the county of Passaic, the development and investment firm said Wednesday.

Office
Energy firm moving HQ to Sanzari-owned building

An energy supplier is among the newest tenants at a Hasbrouck Heights office building after signing a 17,200-square-foot lease with Alfred Sanzari Enterprises, the landlord said.

Retail
Upgrades complete at Morris County shopping center

The owner of a nearly 8,000-square-foot shopping center in Montville has completed a series of renovations at the property and is marketing the space to would-be tenants.

Industrial
Sitex lands tenant at spec distribution center

A third-party logistics firm has leased 83,000 square feet at Sitex Group’s new industrial building in Ridgefield, Colliers International Group announced Tuesday.

Residential & Mixed Use
Developer set to begin leasing at new Montclair apartments

Montclair’s newest high-end rental building is set to open its doors.

Office
Engineering giant renews lease at Newark office tower

A global engineering firm has renewed the lease for its longtime home at 2 Gateway Center in Newark, the owner of the 18-story office tower said Tuesday.

Industrial
NAI Hanson inks 23K sq. ft. lease in Paterson

A home furnishing firm will occupy more than 20,000 square feet at a Paterson industrial building, following a deal brokered by NAI James E. Hanson.