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.

Industrial
Resource Realty named leasing agent for shovel-ready industrial sites in Orange County

A developer has tapped Resource Realty of Northern New Jersey as its leasing team for two shovel-ready industrial parcels in New York’s Orange County, seeking tenants for facilities totaling more than 486,000 square feet.

Health Care & Education
New 127,000 sq. ft. lease with biotech firm among latest deals by Lincoln Equities Group

Lincoln Equities Group has secured another tenant for its Princeton West Innovation Campus in Hopewell, inking a 127,000-square-foot lease with a locally based biotech company.

Photos
Devco tops out $732 million first phase of HELIX campus in New Brunswick (PHOTOS + VIDEO)

New Brunswick Development Corp. on Friday welcomed a crowd of public officials and other well-wishers to the site of its high-profile HELIX project, joining a large team of laborers to top out the first of three buildings at the planned life sciences and technology campus.

Finance & Capital Markets
Cronheim: Clifton’s Styertowne Shopping Center refis for $20 million, with updates underway

The owner of the historic Styertowne Shopping Center in Clifton has refinanced the grocery-anchored property for $20 million, brokers with Cronheim Mortgage said last week.

Finance & Capital Markets
Litwack joins Marcus & Millichap Capital Corp. as managing director in New Jersey office

Marcus & Millichap is expanding its capital markets financing arm in New Jersey with the hiring of Mark Litwack as a managing director.

Health Care & Education
Atkins, ABA Centers ink 10,000 sq. ft. medical office lease in Washington Twp.

Atkins Cos. has leased nearly 10,000 square feet of medical office space in Washington Township to a growing provider of autism-related services in the region.

Professional Services
Newmark Associates’ Melillo, Swatek promoted to vice president

Newmark Associates has promoted brokers Jeannette Melillo and Mary Swatek to the role of vice president with the Morris County-based team.

Industrial
Zimmel: Recycling firm buys Branchburg facility for $14 million after three years of leasing

A recycling company has acquired a 90,000-square-foot industrial property in Branchburg for nearly $14 million, in a newly announced deal by Zimmel Associates.

Health Care & Education
Devco set to top out first phase of HELIX project, hailing a key milestone with more to come at distinctive New Brunswick campus

The developer of the landmark HELIX project in New Brunswick will mark a key milestone on Friday when it tops out the first of three buildings at the campus, hoisting the final steel beam for the 12-story, 574,000-square-foot structure downtown.

For New Brunswick Development Corp., it’s also a chance to highlight what’s still to come at a facility that will be unlike anything else in New Jersey.

Industrial
CenterPoint hires Rosenbaum as senior vice president of investments in east region

CenterPoint Properties has added a key team member in New Jersey and surrounding markets, tapping Roy Rosenbaum as senior vice president of investments for its east region.