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
Sheldon Gross inks deals for chiropractor, bus company in West Orange

West Orange-based Sheldon Gross Realty Inc. has brokered two new leases in its hometown, including one that has brought a new business to the community.

Residential & Mixed Use
Jersey City apartment tower, Airbnb ink region’s first home-sharing partnership

The developer of a new Jersey City rental tower has inked a partnership with Airbnb, allowing residents to rent out their apartments through the home-sharing site on a limited basis.

Residential & Mixed Use
Investor interest rising in Newark apartments, Gebroe-Hammer says

Three apartment buildings with a total of 95 units in Newark have traded for a combined $6.53 million, following deals arranged by brokers with Gebroe-Hammer Associates.

Professional Services
Longtime sales, planning professional joins Newmark

Newmark Associates has announced the hiring of a new broker, who is making the jump from residential to commercial real estate.

Office
Colliers: Iconic mustard brand French’s recommits to Morris County HQ

French’s Food Co. has inked a long-term renewal for its global headquarters at a 32,000-square-foot office building in Chester, Colliers International Group Inc. said Friday.

Office
Sanzari announces renewal at Hasbrouck Heights office building

A software firm has recommitted to its 12,400-square-foot space at a Hasbrouck Heights office building, according to landlord Alfred Sanzari Enterprises.

Retail
NAI Hanson brokers 15,000 sq. ft. lease for Hackensack auto repair shop

An auto repair business has renewed and expanded to 15,000 square feet at a retail building in Hackensack, in a deal arranged by brokers with NAI James E. Hanson.

Residential & Mixed Use
HFF: Buyer wanted for 334-unit Somerset County community

Brokers with HFF have been hired to sell a high-end, 334-unit apartment community in Somerset County.

Finance & Capital Markets
Meridian secures $18 million loan for Morris County apartment deal

Meridian Capital Group has brokered $18 million in financing for a client to acquire a 106-unit garden apartment complex in Morris County, the firm said.

Retail
Brunelli touts leases for restaurants, retailers across N.J.

A neighborhood-style bar and eatery will occupy more than 6,500 square feet at a Woodbridge shopping center, under one of about 20 recent deals brokered by R.J. Brunelli & Co. LLC.