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
Montvale Liquors, a 4,700 sq. ft. boutique store, to open on South Kinderkamack Road

Montvale Liquors, a 4,700-square-foot boutique store, will open at the CVS Center on South Kinderkamack Road in Montvale, Levin Management Corp. announced.

Industrial
Investment firm appears to enter New Jersey market with Camden County industrial deal

Real estate investment firm GID has acquired more than 110,000 square feet of vacant industrial space outside Camden, with plans to renovate the building to attract new tenants.

Retail
Grocer eyes new flagship location in Edison after buying iconic Sam Ash store, NAIDB says

A specialty grocer has acquired the longtime home of the shuttered Sam Ash Music store in Edison for $5.5 million, in a newly announced deal by NAI DiLeo-Bram & Co.

Deals
Zimmel inks sale of 13,000 sq. ft. East Brunswick medical building

Zimmel Associates has brokered the sale of a 13,336-square-foot medical building in East Brunswick to Avatar Residential Detox Center for $2.1 million, the firm announced Tuesday.

Professional Services
Zimmerman elected to board of N.J. State Bar Association Land Use Law Section

Evan Zimmerman, a shareholder at Red Bank-based Giordano, Halleran & Ciesla PC, was recently elected to the board of directors of the New Jersey State Bar Association’s Land Use Law Section. 

Retail
Newmark Associates: Freehold retail center attracts three new tenants, now fully leased

A neighborhood shopping center in Freehold is now fully leased after a trio of recent deals arranged by Newmark Associates, the brokerage team announced recently.

Retail
Azarian: Dress shop, shipping business among newest tenants at Livingston Town Center

Two new retail tenants are coming to Livingston Town Center after a set of deals totaling more than 3,000 square feet, according to a leasing team with Azarian Realty Co.

Office
Day Pitney leases 55,000 sq. ft. in Parsippany for New Jersey team’s new offices

Day Pitney LLP has found a new home in Parsippany after reportedly leasing some 55,000 square feet in one of the township’s best-known office corridors.

Top News
Kislak: Buyer wanted for 101-unit loft-style rental property in Newton

A historic complex with 101 loft-style apartments and medical office space is on the market for sale in Sussex County, in a newly announced offering by The Kislak Co.

Industrial
BRC: Reverse logistics firm relocates from Brooklyn, takes 15,000 sq. ft. in Piscataway

Reverse logistics firm Like New Products has leased 15,000 square feet in Piscataway, Bussel Realty Corp. of Edison announced this week.