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.

Finance & Capital Markets
Avison Young adds Schnürr, veteran capital markets broker, as principal in Morristown office

Avison Young has bolstered its capital markets group in New Jersey with the addition of Matthew Schnürr as a principal.

Retail
Doren Development eyes new QuickChek store, gas station in Howell after local approval

Doren Development has secured a key local approval to build a new QuickChek store along Route 9 in Howell, with construction slated to begin just under a year from now.

Retail
Deluccia: Warren retail center fully leased after fitness, hair salon deals

A fitness concept and a hair salon have leased a combined 8,300 square feet at a Warren retail center, in a set of newly completed deals by Deluccia Commercial Group.

Retail
Norman’s Hallmark opens at Flemington Marketplace

Norman’s Hallmark has taken the wraps off a new 4,100-square-foot store at the prominent Flemington Marketplace on Route 202.

Government & Public Policy
Circulate NJ congratulates Sherrill, pledges to work with governor-elect to support logistics sector

Circulate NJ, the fast-growing business coalition supporting the state’s logistics industry, is pledging to work with Gov.-elect Mikie Sherrill after the Democrat’s convincing win in Tuesday’s election.

Industrial
BRC: Import company takes 8,800 sq. ft. in Garwood industrial deal

An imported foods company has leased nearly 8,800 square feet at a Garwood industrial property, according to a brokerage team with Bussel Realty Corp.

Residential & Mixed Use
Longtime owner sells 76-unit Catskills rental complex for $3.2 million, Kislak says

A longtime owner has sold a 76-unit apartment complex in New York’s Sullivan County for $3.225 million, in a deal arranged by The Kislak Co. Inc.

Industrial
Larken eyes 71,000 sq. ft. of new shallow-bay industrial space with latest Flemington project

Larken Associates has broken ground on a project that will add nearly 71,000 square feet to its portfolio of shallow-bay industrial space in Flemington, the firm announced Tuesday.

Top News
Legacy-led JV acquires 126,000 sq. ft. former Casio headquarters in Morris County

A joint venture has acquired the former Casio America Inc. headquarters in Dover, adding more than 126,000 square feet of commercial space that it will update and look to fill with new users.

Industrial
Renewal by trucking firm among 55,000 sq. ft. in new Fairfield industrial deals by RRNNJ

A logistics company that occupies more than 48,000 square feet of industrial space in Fairfield has renewed its lease, in one of three new deals by Resource Realty of Northern New Jersey.