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
CBRE: Jersey City tower now home to 6,200 sq. ft. co-working space

A provider of co-working space has leased 6,200 square feet at a Jersey City office tower, in a deal brokered by CBRE Group.

Office
Newark tower debuts city’s ultra-fast, low-cost internet program

An office tower is downtown Newark is the proving ground for a new program that gives city residents and businesses access to the highest-speed, commercially available fiber optic internet in the region.

Office
Aviation tech firm moves to Atlantic City, Levin says

A technology firm serving the air traffic control industry has signed a new long-term headquarters lease in Atlantic City, Levin Commercial Real Estate said Thursday.

Industrial
Tulfra, Hampshire honored for Clifton industrial building

Officials in Clifton have recognized the developers and designers behind transforming a 50-year-old commercial building in the city into a 204,000-square-foot e-commerce and distribution facility.

Industrial
NAI Hanson brokers sale of 21,000 sq. ft. Moonachie property

A flex building in Moonachie has changed hands, following a sale brokered by NAI James E. Hanson.

Office
Mack-Cali has a new gameplan in Parsippany

For all the talk of white elephants and stranded assets, landlords who have paid to upgrade well-located, suburban office buildings in New Jersey have seen tenants come calling. That’s part of the strategy for Mack-Cali Realty Corp. in Parsippany — but on a bigger scale.

Finance & Capital Markets
HFF closes sale of Riverdale apartment complex

An investment group has acquired a 212-unit, midrise apartment property in Riverdale, in a deal arranged by brokers with HFF.

Office
SJP, insurance firm reach deal for space in Morris County

An insurance brokerage has inked a 19,000-square-foot lease at Morris Corporate Center IV, SJP Properties’ sprawling Class A office park at the nexus of four highways in Parsippany.

Office
Sanzari inks two renewals in Hasbrouck Heights

A life sciences company and a financial services firm have renewed their leases at a Hasbrouck Heights office building owned by Alfred Sanzari Enterprises, the landlord announced.

Industrial
Sudler redeveloping office building as industrial complex

One of the largest office buildings in Central Jersey is being torn down to make way for two state-of-the-art distribution centers just off the New Jersey Turnpike.