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.

Professional Services
DIGroup Architecture tapped to design Saddle River Day School science building

Saddle River Day School has picked DIGroup Architecture to design a new 32,000-square-foot academic building on its campus, the New Brunswick-based firm announced.

Industrial
Food ingredients supplier buys 73,000 sq. ft. warehouse in Garfield for $16.5 million

An owner-occupier has purchased a 73,000-square-foot warehouse property in Garfield for $16.5 million, brokers with Lee & Associates – WBE announced Friday.

Professional Services
NAIDB adds Teixeira as vice president with brokerage team

Priscilla Teixeira has joined NAI DiLeo-Bram & Co. as a vice president, marking the latest addition to the Woodbridge-based brokerage team.

Community
NAIOP New Jersey golf classic raises funds for 15,000 meals for Community FoodBank of N.J.

The state’s commercial real estate sector came together last month for a day of friendly competition and community action as NAIOP New Jersey hosted its 2024 Golf Classic and Pickleball Tournament, in a show of support for the Community FoodBank of New Jersey

Retail
Auto dealership parcel trades in Atlantic County, Vantage Commercial says

An auto dealership in Atlantic County has sold a car lot on Route 73, in a newly announced transaction by Vantage Commercial.

Industrial
JLL: Link Logistics eyes 123,000 sq. ft. warehouse after acquiring Parsippany office parcel

Link Logistics has acquired the site of an empty office building in Parsippany that’s slated to be redeveloped as a 123,000-square-foot warehouse, in a newly announced deal by JLL.

Residential & Mixed Use
KRE Group joins local officials to debut Beacon Hill, new 285-unit rental property in Marlboro

Kushner Real Estate Group has welcomed its first residents to a new garden-style apartment property in Marlboro, where it has leased more than 70 percent of its 285 homes.

Retail
Pyramid Hospitality takes 2,400 sq. ft. at Route 73 shopping center in Berlin, WCRE says

A restaurant has leased 2,400 square feet at a shopping center in the Camden County borough of Berlin, according to a brokerage team with Wolf Commercial Real Estate.

Retail
Woodbridge-based Kislak brokers $12 million shopping center trade in Connecticut

A retail property investor has acquired a roughly 275,000-square-foot shopping center near the University of Connecticut for $12 million, in a deal arranged by The Kislak Co. Inc.

Professional Services
Chilmark Real Estate Services picked as CORFAC International New Jersey member

Morristown-based Chilmark Real Estate Services has joined CORFAC International as the global real estate network’s New Jersey member.