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
NAI Hanson: Flooring, design firm expanding with Morris County acquisition

A flooring and interior design business will become both an owner and occupier after acquiring a 10,000-square-foot office building in Flanders, according to NAI James E. Hanson.

Office
Denholtz inks Bergen County lease with dental implant maker

A dental implant maker has leased more than 8,000 square feet of office space in Englewood Cliffs, joining the tenant roster at a building owned by Denholtz Associates.

People
N.J. health care specialist joins Marcus & Millichap

Marcus & Millichap has bolstered its national investment sales team with the addition of a New Jersey health care real estate specialist, the firm said Tuesday.

Retail
LMC brokers restaurant lease in Somerset County

An Asian restaurant is the latest addition to a Somerset County shopping center after inking a 4,000-square-foot lease at the property, Levin Management Corp. said Tuesday.

Residential & Mixed Use
Planting the seed: Developer pitching concept plan for redeveloping 653-acre former research complex

There was a time when the sprawling former American Cyanamid complex in West Windsor bustled with more than 1,000 employees and agricultural researchers. A developer hopes to see the property bustling once again — but in a much different way.

Retail
Bergen County bank building fetches $6.5 million, Goldstein Group says

Investors have acquired a 13,000-square-foot bank building in Englewood Cliffs, The Goldstein Group announced Monday after brokering the $6.5 million deal.

Industrial
Lee & Associates brokers office, industrial deals exceeding $15 million

A two-building industrial complex in Mountainside has changed hands, one of three recent northern New Jersey deals arranged by brokers with Lee & Associates.

Professional Services
Two Colliers N.J. brokers earn prestigious national award

Colliers International Group Inc. has recognized two members of its Parsippany office for ranking among the top 10 percent of its brokers nationwide, the firm said Monday.

The Rundown
Bebe to close all stores, including 9 in N.J.

Women’s clothing chain Bebe will close all of its stores, including nine in New Jersey, making it the latest national retailer that’s slated to leave behind vacant spaces around the state and across the country.

Office
HFF marketing Florham Park office campus for sale

The owners of a four-building, 354,381-square-foot office campus in Florham Park are seeking a buyer for the property after completing a series of upgrades over the past two years.