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.

People
Lange joins Hampshire as chief financial officer

The Hampshire Cos. has named Carolyn Lange as its new chief financial officer, the Morristown-based real estate investment and development firm announced Tuesday.

Health Care
Doren Development inks 4,000 sq. ft. lease in Passaic for plasma donation center’s third location

Doren Development has secured a new tenant at a Passaic office building after leasing 4,000 square feet to a plasma donation center.

Industrial
WCRE: South Jersey plumbing, HVAC business buys 10,000 sq. ft. Camden warehouse

A plumbing and HVAC business has acquired a 10,000-square-foot industrial property in Camden, in a newly announced deal by Wolf Commercial Real Estate.

Industrial
Sitex expands to South Florida with two-building, 53,000 sq. ft. industrial deal

Sitex Group has entered the South Florida market with the acquisition of more than 53,000 square feet of warehouse space in Fort Lauderdale.

Industrial
CBRE: New 110,000 sq. ft. flex park in Montville to fill critical void for small-bay users

A development team is bringing 110,000 square feet of light industrial space to Montville as part of a three-building project that’s slated to come online starting this summer.

Residential & Mixed Use
Rose Commercial: Countertop business buys former furniture showroom in Cherry Hill

A residential and commercial countertop business has acquired a 12,000-square-foot retail property in Cherry Hill, in a newly announced deal by Rose Commercial Real Estate.

Office
Martial arts school takes 7,400 sq. ft. at Wayne office building, Newmark Associates says

A martial arts academy is expanding with a newly completed lease at a Wayne office building, brokers with Newmark Associates announced recently.

Retail
Burger King opens new 2,800 sq. ft. location in East Hanover, Goldstein Group says

A new Burger King has opened along Route 10 in East Hanover after a recent 2,800-square-foot lease arranged by The Goldstein Group.

Residential & Mixed Use
Filling the pipeline: Developers lining up plans for new housing projects in New Brunswick, seeking to meet demand from massive commercial investments

Developers are laying the groundwork for what could be a new wave of apartment construction in downtown New Brunswick, seeking to meet the needs of potentially thousands of new employees that will come from several transformative, large-scale commercial projects that are now taking shape.

Residential & Mixed Use
Tepper, Skylight join forces to launch ground-up multifamily development firm

Longtime development executive Russell Tepper has a new home and a new venture after teaming with Skylight Real Estate Partners to launch a ground-up multifamily platform.