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
Colliers inks new leases at Lawrenceville office building

Firms that serve the health care and software industries are among the newest tenants at a 100,000-square-foot Lawrenceville office building, Colliers International said Wednesday.

Retail
Hampshire sells out-of-state retail property

A decade after acquiring a grocery-anchored shopping center in Naples, Florida, The Hampshire Cos. has sold the 85,078-square-foot investment property.

Office
N.J. firm acquires northern Virginia office buildings

A Skillman-based investment firm has acquired two Class A office buildings outside Washington D.C., the firm announced recently.

Retail
Gym, childhood education center renew at Clark location

Denholtz Associates has renewed two tenants at a 10-building commercial complex in Clark.

Health Care & Education
Rockefeller marks milestones with cancer center, FedEx projects

The Rockefeller Group has marked another step in its high-profile redevelopment plan in Florham Park — and it’s preparing to celebrate another project less than 20 miles away.

Industrial
Furniture e-tailer expands, finds new home in Elizabeth

An online furniture seller has leased a 143,000-square-foot warehouse in Elizabeth to help support its rapid growth, following a deal brokered by Colliers International.

People
New brokerage targeting multifamily, commercial sales

Frank Somma By Joshua Burd The co-founder of a longtime North Jersey brokerage firm is starting a new venture. Frank Somma, an industry veteran of more than 40 years, announced recently the formation of Somma Associates LLC. The new firm…

Industrial
Camden County industrial building changes hands for $625K

A contracting firm has paid $625,000 to acquire a 31,550-square-foot industrial building in Brooklawn, Colliers International said Tuesday.

Office
New technology brings real-time transit info to One Gateway tenants

Advance Realty has installed a real-time display of mass transit options at One Gateway Center in Newark, the landlord said, part of an effort to use technology to enhance the 26-story office building.

Office
Mack-Cali details plans for new office tower with SJP Properties

Mack-Cali Realty Corp. has taken the wraps off its plans for a new 1.2 million-square-foot office tower that it hopes to build in Jersey City under a joint venture with SJP Properties.