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.

Professional Services
New NAI Hanson sales associate to focus on industrial sales, leasing

NAI James E. Hanson has hired a longtime sales professional as the latest member of its commercial real estate brokerage team, the Hackensack-based firm announced.

Industrial
WCRE brokers 168,000 sq. ft. flex, industrial sale

An investor has acquired a six-building, 168,000-square-foot industrial and flex office in Moorestown, in a deal brokered by Wolf Commercial Real Estate.

Office
New ownership, renovations drive leasing at Meadowlands office building

Bergman Real Estate Group has inked more than 30 leases at a Lyndhurst office building since acquiring it last year, driving up occupancy at the 120,000-square-foot property.

Finance & Capital Markets
Investors Bank: Recent CRE loans total more than $280 million

Investors Bank has continued its push to lend across different sectors of commercial real estate, originating more than $280 million in financing for 10 major transactions in recent weeks.

Office
Weiss brokers 130,000 sq. ft. office, flex sale in Morris County

A partnership has sold a 130,180-square-foot office and flex building just outside Parsippany, in a deal brokered by Weiss Realty.

Industrial
REIT acquires 110,000 sq. ft. industrial building in South Jersey

A real estate investment trust has acquired a nearly 110,000-square-foot industrial building in Cherry Hill, marking its first acquisition in southern New Jersey.

Office
Saxum acquires two commercial buildings in downtown Summit

Development and investment firm Saxum Real Estate has acquired two adjoining properties in downtown Summit, including one that it plans to renovate and market for lease.

Residential & Mixed Use
MonGroup touts plans for new ‘green’ apartment building in Bayonne

A developer is set to add to its multifamily portfolio in Hudson County with its plans for a new 56-unit apartment building in Bayonne.

Professional Services
CBRE names new head of project management in N.J.

CBRE Group has announced a new leader for its New Jersey project management team.

Industrial
Equity Real Estate brokers Bergen County industrial sale

A 38,500-square-foot industrial building in Bergen County has changed hands, following a sale arranged by Equity Real Estate Brokerage LLC.