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.

Retail
Developers tout plans for new Morris County wholesale club, retail center

A joint venture will develop a new shopping center anchored by a wholesale club at a busy intersection in Hanover, the firms announced Thursday.

Industrial
Developer adds to Fairfield industrial portfolio

Saddleback Real Estate Developers has added to its fast-growing industrial portfolio with the acquisition of a 23,200-square-foot building in Fairfield.

Industrial
NAI Hanson brokers lease for cabinet maker in Carlstadt

A cabinet maker will occupy 13,000 square feet at a Bergen County industrial building, following a transaction negotiated by NAI James E. Hanson.

Industrial
Adult day care operator finds space in Bergen County

The operator of an adult day care center has leased a 12,000-square-foot building in Carlstadt, according to brokers with Team Resources.

Residential & Mixed Use
Applied Cos. unveils latest Hudson County apartment building

One of Hudson County’s most well-known developers has taken the wraps off a new five-story, 48-unit apartment building in North Bergen.

Office
HFF: Essex County office park sold to area investor

A real estate investment firm has acquired a 400,000-square-foot, four-building office complex just off Interstate 280 in West Orange, according to brokers with HFF.

Office
Largest tenant to date moves into Bell Works

A software solutions firm has cut the ribbon on its new 72,000-square-foot space at the Bell Works complex in Holmdel, marking the arrival of the largest tenant to occupy the building thus far after a flurry of office leasing over the past year.

Residential & Mixed Use
Developer acquires ready-made apartment site in Westfield, Redwood Realty says

A multifamily builder has paid $3.5 million to acquire a fully approved development site in downtown Westfield, in a transaction arranged by Redwood Realty Advisors.

Office
Farmer’s market is latest amenity along Jersey City waterfront, Mack-Cali says

Developers have opened a weekly farmer’s market in Jersey City as part of a joint effort to bring new offerings residents and workers along the Hudson waterfront.

Industrial
Sheldon Gross brokers 7,700 sq. ft. office, industrial lease in Essex County

A maker of camera support products is consolidating two locations into a 7,700-square-foot space inside a Verona commercial building, Sheldon Gross Realty said Wednesday.