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.

Randolph lot changes hands in NAI Hanson deal

NAI James E. Hanson has brokered the sale of a 1.6-acre lot on Route 10 in Randolph that will become the new home of a landscape and architecture business, the real estate firm said Thursday.

Health Care & Education

Industry hopefuls meet industry leaders at career seminar

A career seminar hosted by Montclair State University’s Feliciano School of Business connected attendees with real estate industry leaders in several specialties, including brokerage, property management, value-add investing, development and institutional investing.

Health Care & Education

Hospital operator sells, leases back East Orange building

The parent company of East Orange General Hospital has sold and leased back a 68,000-square-foot building adjacent to the facility, in a deal arranged by Lee & Associates of New Jersey.

Media group inks lease at Cherry Hill office building

A newly formed publishing group is among two tenants to lease space at a Cherry Hill office building, according to commercial real estate firm NAI Mertz.

Finance & Capital Markets

Gebroe-Hammer duo brokers more than $300M in sales in 18 months

A team of brokers with Gebroe-Hammer Associates is marking more than $330 million in sales brokered over the past 18 months, a deal volume that includes more than 1,700 units.

Residential & Mixed Use

Health care, higher ed fuel leasing at Newark rental project

A focus on “eds and meds” has been a key ingredient in many urban success stories. For 24 Jones, one of the newest residential developments in Newark, the early returns show that to be part of a winning formula.

Government & Public Policy

Victory for gas tax dedication, failure for casino expansion

Amid the stunning outcome of Tuesday’s presidential election, New Jersey residents voted as expected and overwhelmingly rejected a ballot question to expand casino gaming in the state.

Office, retail tenants fill new Englewood building

A private school, a well-known cigar maker and a pharmaceutical firm are among the tenants that have brought a new 46,000-square-foot Englewood commercial building to full occupancy.

Marcus & Millichap brokers Burlington County retail sale

An 8,110-square-foot retail property in Marlton has changed hands between private investors, in a nearly $1.6 million deal brokered by Marcus & Millichap.

Government & Public Policy

McNamara, other CRE leaders honored at NAIOP awards dinner

It was a night in which one of the state’s biggest legislative issues in recent memory was in the spotlight, as voters prepare to consider constitutionally dedicated transportation funding.