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.

Retail
Sleep Number inks deals for new stores in Burlington and Cherry Hill, Equity Retail says

Sleep Number is adding two locations in southern New Jersey with a pair of newly announced leases by Equity Retail Brokers.

Residential & Mixed Use
Buyer wanted for two-year-old, 232-unit rental property in Belleville, JLL says

The owner of 232 luxury apartments in Belleville has put the property on the market for sale, in an offering that comes just two years after the completion of the two-building development.

Office
Sanzari welcomes Trenk Isabel Siddiqi & Shahdanian to Court Plaza in Hackensack

A new law firm is coming to Alfred Sanzari Enterprises’ Court Plaza in Hackensack after leasing more than 3,900 square feet at the three-building, 335,000-square-foot complex.

Professional Services
Sheldon Gross named property manager for 237,000 sq. ft. North Brunswick portfolio

The owner of an eight-building, 237,000-square-foot office and industrial complex in North Brunswick has tapped Sheldon Gross Realty as its property manager.

Residential & Mixed Use
Taylor Architecture: Developer lands planning board approval for 62 apartments in Dunellen

Dunellen could soon welcome another 62 apartments to its central business district as part of a project that the borough’s planning board approved late last month.

Industrial
Harrison, Kearny industrial outdoor storage portfolio sells for $156 million, NAI Hanson says

An investment firm has acquired a nearly 49-acre industrial outdoor storage portfolio in Harrison and Kearny for $156.3 million, brokers with NAI James E. Hanson announced Tuesday.

Industrial
Seagis buys new 211,000 sq. ft. Kearny warehouse in deal with Russo, River Development

Seagis Property Group has acquired more than 211,000 square feet of newly completed logistics space in Kearny, in a deal arranged by Cushman & Wakefield.

Office
JLL: Private buyer adds 155,000 sq. ft. former MetLife office building in Hanover

Ravine Development Co. LLC has sold a nearly 155,000-square-foot office building in Hanover Township, brokers with JLL announced Monday.

Deals
Resource Realty of Northern New Jersey touts nine new leases, sales to close out summer

A packaging company has sold a nearly 35,000-square-foot industrial building in Paterson for some $5 million, part of a flurry of recent deals by Resource Realty of Northern New Jersey.

Retail
Pierson marketing new retail lease, investment opportunities in North Plainfield and Middlesex

Two retail properties in Central New Jersey have hit the market — one for lease and one for sale to a potential investor — in a set of new offerings by Pierson Commercial.