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.

Hartz delivers new 515,000 sq. ft. warehouse in Teterboro, with JLL as its leasing team

Hartz Mountain Industries has taken the wraps off more than 515,000 square feet of new industrial space in Teterboro, as it markets the property alongside brokers with JLL.

Marcus: Investors trade 22,000 sq. ft. retail property near Rowan in $3.5 million deal

An investor has acquired a nearly 22,000-square-foot retail property near Rowan University’s campus in Glassboro, brokers with Marcus & Millichap announced Tuesday.

Law, fintech firms combine for 2,900 sq. ft. at Sanzari’s Court Plaza in Hackensack

Two new tenants are coming to Alfred Sanzari Enterprises’ Court Plaza campus in Hackensack after signing leases at the three-building property.

Kennedy Funding closes $2.7 million land loan for 82-unit Nashville residential project

Kennedy Funding has provided a $2.7 million land loan to the developer of a planned 82-unit residential community in Tennessee, the Englewood-based direct private lender announced.

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.