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.

Professional Services
Sales representative joins Sheldon Gross Realty

Sheldon Gross Realty has added to its team with the hiring of a new corporate sales representative, the West Orange-based brokerage and management firm said.

Office
Zimmel brokers office leases in Edison, Clark totaling 84,000 sq. ft.

An energy storage firm has leased 63,500 square feet at an Edison commercial building, the largest among three recent deals announced by Zimmel Associates.

Industrial
Firm sells industrial building, leases office space in South Plainfield

A chemical distribution firm has relocated within South Plainfield after selling a nearly 108,000-square-foot industrial building in the township, according to brokers involved the deal.

Office
Onyx, Garrison acquire 850,000 sq. ft. office portfolio from Mack-Cali

A joint venture has added to its office portfolio in Bergen County, acquiring four buildings spanning nearly 850,000 square feet from Mack-Cali Realty Corp.

Residential & Mixed Use
Developer breaks ground on 91 apartments in Seaside Heights

The Walters Group has started construction on its latest apartment community in Ocean County, a 91-unit project that is set to redevelop a long-neglected block in Seaside Heights.

Retail
Medical anchor opens at $70 million Marlton redevelopment

Virtua Medical Group has opened its doors at a new location in Burlington County, where it is serving as the anchor in a mixed-use, $70 million redevelopment of a former shopping center.

Residential & Mixed Use
Kislak: Elizabeth rental building fetches $7.5 million

A fully occupied, 77-unit apartment building in Elizabeth has changed hands for more than $7.5 million, in a sale brokered by The Kislak Co. Inc.

Retail
Farmers market inks lease in Bergen County, Goldstein Group says

A farmer’s market has leased nearly 12,000 square feet at a shopping center in East Rutherford, according to brokers with The Goldstein Group who arranged the transaction.

Top News
Real estate leaders remember Jerry Gottesman, a ‘visionary’ and industry icon

Edison Properties Co-Founder and Chairman Jerry Gottesman, an iconic figure in New Jersey commercial real estate whose career spanned more than six decades, has died at age 87.

Residential & Mixed Use
Leasing underway at new 448-unit Jersey City tower

A developer has opened the doors to a new 44-story apartment building in Jersey City, delivering nearly 450 luxury units to the city’s waterfront Liberty Harbor neighborhood.