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.

Office
Sanzari, beauty products manufacturer sign 13,000 sq. ft. office lease in Elmwood Park

Alfred Sanzari Enterprises has lured a new tenant to its office portfolio, leasing more than 13,000 square feet in Elmwood Park to a beauty products manufacturer.

Retail
Katz: One Medical takes 4,000 sq. ft. at Whole Foods-anchored center in Edgewater

A medical practice is coming to a waterfront retail property in Edgewater after agreeing to lease more than 4,000 square feet, in a newly announced deal by Katz & Associates.

Industrial
Blau & Berg, Atlantic Handling Systems join growing Circulate NJ business coalition

Circulate NJ has welcomed The Blau & Berg Co. and Atlantic Handling Systems as its newest members, bolstering its ranks as the business coalition promotes the economic benefits of the state’s far-reaching logistics sector.

People
Woodmont taps Moore as co-chief investment officer, head of value-add multifamily unit

Woodmont Properties has appointed Jon Moore as co-chief investment officer and principal of a newly formed division focused on value-add multifamily investments.

Residential & Mixed Use
PEEK Properties set to unveil final phase of Orange Crossing with new 90-unit property

Leasing is set to begin at a new 90-unit luxury apartment building in Orange, the third and final phase of a high-profile redevelopment near the city’s downtown and NJ Transit rail service.

Professional Services
Industrial property specialist Chiusolo joins NAI DiLeo-Bram as vice president

NAI DiLeo-Bram & Co. has once again expanded its brokerage team with the addition of Christopher J. Chiusolo as a vice president.

Retail
NAI Hanson: UPS Store coming to Bridgewater retail center after 1,800 sq. ft. lease

The UPS Store has taken more than 1,800 square feet at a Bridgewater shopping center, in a newly announced deal by NAI James E. Hanson.

Residential & Mixed Use
Multistate team with Marcus closes two multifamily sales in South Carolina

An apartment owner in the Southeast has sold 360 units across two properties, in a set of deals arranged by Marcus & Millichap brokers in South Carolina, New Jersey and Texas.

Industrial
Lincoln Property Co., Ullico acquire vacant 139,000 sq. ft. industrial building in Hamilton

Lincoln Property Co. and Ullico Investment Advisors have acquired a nearly 139,000-square-foot industrial building in Hamilton, the firms announced this week.

Residential & Mixed Use
Hampshire, Claremont sell Jersey City rental properties with 362 units for $121 million

The Hampshire Cos. and Claremont Development have sold a two-building, 362-unit apartment portfolio in Jersey City for $121 million, in a deal arranged by Cushman & Wakefield.