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.

Sweetgreen, first retailer at SJP’s M Station, opens its doors in downtown Morristown

Fast-casual restaurant Sweetgreen has opened at the M Station campus in Morristown, marking the debut of the first retail tenant at the high-profile development by SJP Properties.

A focused expansion: Scarinci Hollenbeck says it’s now a one-stop shop for real estate — with clear growth potential

It’s one thing to become the proverbial one-stop shop, as Scarinci Hollenbeck LLC has sought to do with a series of recent additions to its real estate department. But the Little Falls-based law firm has also keyed on what it sees as important growth areas in the space. That strategy is now taking shape at Scarinci, whose long-established real estate team has grown to 15 full-time attorneys from nine last summer, adding new expertise in everything from affordable housing and litigation to foreclosures and landlord-tenant disputes in the wake of the pandemic.

Reynolds taps Setton as senior vice president to bolster acquisitions, asset management team

Buddy Setton has joined Reynolds Asset Management as a senior vice president with a focus on supporting the firm’s acquisition and asset management platform.

Deluccia inks 14,000 sq. ft. in retail, office renewals in downtown Somerville

A modern Latin American restaurant has signed a 5,000-square-foot lease renewal in downtown Somerville, in one of several recent deals in the borough by Deluccia Commercial Group.

STAR Building Services adds Belkot, Batshaw as vice presidents amid regional expansion

Shrewsbury-based STAR Building Services has hired Christopher Belkot and Andrew Batshaw as vice presidents as part of its expansion into the greater Philadelphia region and New York’s Westchester County.

Zoltek seeking buyer for development site across from Monmouth Park in Long Branch

A nearly one-acre development site across from Monmouth Park in Long Branch is on the market for sale, in a newly announced offering by Zoltek Commercial Real Estate Services.

Choosing the best sustainability software for your organization

Sustainability software is a valuable tool for organizations of all sizes to track, manage and report on their environmental, social and governance (ESG) performance. A sustainability software solution can help you to identify and assess your sustainability risks, set and track sustainability goals, perform scenario analysis to assess the impact of different sustainability strategies on your organization and allocate resources to achieve your sustainability goals.

JLL: Well-known 466,000 sq. ft. office building in Secaucus on the market for sale

The owner of a well-known office building in Secaucus is seeking a buyer for the property, the home of major tenants including The Children’s Place and Quest Diagnostics.

Ridgecut Road adds 3.1-acre industrial service, outdoor storage property in Middlesex

Ridgecut Road has acquired a 3.1-acre industrial service and outdoor storage property in Middlesex Borough as part of a short-term sale-leaseback with an outgoing user.

D’Amato joins Palestina Scrivo Properties as executive vice president

Palestina Scrivo Properties Inc. has added veteran broker John D’Amato as an executive vice president with its Clifton-based team.