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.

Residential & Mixed Use
Prism eyes multifamily development at 33-acre former office campus in Woodland Park

Prism Capital Partners has acquired a 33-acre former corporate campus in Woodland Park with zoning in place to build up to 400 residential units, in a deal arranged by JLL.

Office
C&W: Three office users renew as new eatery commits to Jersey City’s Newport Tower

BGO has secured a new retail lease and renewals with three office tenants at its 36-story Newport Tower in Jersey City, brokers with Cushman & Wakefield announced.

Professional Services
Savage, veteran architect of 15 years, joins Studio 1200 as design director

Studio 1200 has broadened its leadership team with the addition of Annie Boccella Savage as a design director, the Short Hills-based firm announced Wednesday.

Professional Services
DeSimone acquires precast, tilt-up construction services firm MER Engineers

A global engineering firm with several New Jersey clients has made an acquisition that will bolster its platform with precast and tilt-up construction services.

Retail
Ethan Allen takes 4,700 sq. ft. at Woodcliff Lake retail center, Goldstein Group says

Ethan Allen has leased 4,700 square feet at an upscale retail center in Woodcliff Lake, joining more than two dozen tenants at a location just off the Garden State Parkway.

Residential & Mixed Use
CIS, Hoboken officials tout plan for city’s first senior affordable housing project in 30 years

A proposal to build Hoboken’s first new senior affordable housing property in decades has secured a key approval, paving the way for an expected 2025 groundbreaking.

Office
Sanzari, Cole Schotz ink 62,000 sq. ft. renewal for law firm’s longtime home in Hackensack

Alfred Sanzari Enterprises has signed a nearly 62,000-square-foot lease renewal with Cole Schotz PC, a longtime tenant at its Court Plaza complex in Hackensack.

Industrial
Sitex Group touts 350,000 sq. ft. in Q3 leasing volume, its most ever for a single quarter

Sitex Group is marking its largest quarterly leasing total in its 23-year history, touting a stretch in which it secured tenants for nearly 350,000 square feet of industrial space.

Industrial
Woodmont signs full-building, 30,000 sq. ft. lease at new-look Lyndhurst warehouse

Woodmont Industrial Partners has secured a tenant for more than 30,000 square feet at a newly updated industrial property in the Meadowlands.

Office
Bell Works nearly fully leased after 75,000 sq. ft. in new tenant deals, extensions

The landmark Bell Works campus in Holmdel is now 98 percent occupied after more than 20 new commitments and lease extensions by office tenants in recent months.