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.

Outdoor tools firm leases Terreno building in Meadowlands

Terreno Realty Corp. has leased 85,000 square feet of industrial space in East Rutherford to a designer, developer and distributor of outdoor tools, the landlord said Monday.

With Cast Iron Lofts, a new neighborhood rises in J.C.

The roughly $170 million Cast Iron Lofts project is just the start of what Manhattan Building Co. ultimately sees as a 2,500-unit community dubbed SoHo West, as it turns its focus to two other towers that are now under construction about a block away.

Report: Design firms moving to Camden after merging

Four South Jersey and Philadelphia architecture firms have merged and are moving their new company to Camden, according to a published report, despite being denied tax incentives under a program that has helped drive other relocations to the city in recent years.

Sanzari: Four new tenants join Teaneck campus

A security solutions firm has leased 13,000 square feet at Glenpointe in Teaneck, one of four leases announced last week by landlord Alfred Sanzari Enterprises.

C&W marketing new medical office space in Franklin Lakes

A developer has hired Cushman & Wakefield to oversee leasing for 14,400 square feet of medical office space under development in Franklin Lakes, the brokerage said Friday.

Affordable housing builder breaks ground in Vineland

A developer has broken ground on a new affordable housing and retail complex in downtown Vineland after securing nearly $18 million in financing, a representative said.

Ripco: Three new tenants join Secaucus retail center

A Secaucus shopping center is on the verge of 100 percent occupancy, as its owner wraps up renovations at the 53,000-square-foot complex.

Upgrades coming to Fairfield office building, Colliers says

With a major renovation set to begin, the owner of a 105,000-square-foot office building in Fairfield has hired Colliers International Group to oversee leasing at the property.

A tale of two suburbs: Matching tenants, landlords in N.J.

New Jersey’s commercial real estate and business communities are paying significant attention to the repositioning of New Jersey’s aging suburban office campuses as highly amenitized live/work/play environments. And equal focus is being placed on the hyper-customization of interior spaces — especially for headquarters operations — with open layouts and design elements that speak to an organization’s distinct corporate culture.

NAI Hanson brokers two sales in Westwood

Two commercial buildings in Westwood have traded hands following sales brokered by NAI James E. Hanson, the real estate firm said Tuesday.