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.

Industrial
C&W inks three industrial sales in northern, central N.J.

Five industrial buildings in Newark, Linden and Edison have changed hands in a series of deals arranged by Cushman & Wakefield, the firm said Thursday.

Industrial
Mahwah industrial building sold to Rockland County firm

A tenant from just over the state’s northern border will relocate to a warehouse in Mahwah, after acquiring the site in a deal brokered by NAI James E. Hanson.

Retail
Eastman welcomes swim school to Livingston plaza

A swim school has leased 8,100 square feet at a Livingston shopping center, its owner said.

Government & Public Policy
Trenton’s pitchman: George Sowa says capital city is open for business

As CEO of Greater Trenton, George Sowa sees a city that has fallen on hard times and has to overcome years of bad press. But Trenton has what it takes to change the narrative, he said, starting with all-important infrastructure such as a transit hub that links to four different rail lines.

Office
NJAR sees new Trenton HQ as ‘a cornerstone project’ for city

NJ Realtors opened its new 20,000-square-foot headquarters on Hamilton Avenue last September, marking the completion of one of the city’s few ground-up construction projects in recent years.

Industrial
Equity Real Estate touts 60K sq. ft. in North Jersey industrial deals

An executive with Equity Real Estate Brokerage LLC has started the year with a series of new industrial sales and leases in Bergen and Essex counties, the firm said Wednesday.

Finance & Capital Markets
HFF: Revamp coming to Burlington County warehouse

The new owner of a 305,250-square-foot warehouse in Mount Laurel is repositioning the property, with the help of $10 million in financing arranged by brokers with HFF.

Health Care & Education
REIT taps WCRE to market South Jersey medical office space

An owner has tapped Wolf Commercial Real Estate to oversee leasing for more than 400,000 square feet of medical office space in Moorestown and Washington Township, the firm said.

Industrial
N.Y. manufacturer buys Piscataway warehouse, Bussel says

Bussel Realty Corp. has brokered the sale of a 95,483-square-foot warehouse in Piscataway, where the buyer now plans to relocate a manufacturing operation from New York City to its newly acquired space.

Finance & Capital Markets
CBRE: Mack-Cali sells 820K sq. ft. Parkway office portfolio for $87M

Mack-Cali Realty Corp. has sold an eight-building office portfolio in Cranford and Clark, in an $87 million sale brokered by CBRE Group.