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.

Retail

Prism eyes fall debut for new Starbucks in Clifton, its first retail tenant at ON3 campus

A highly anticipated Starbucks in Clifton is on track to open this fall, with construction well underway at Prism Capital Partners’ mixed-use ON3 campus.

Retail

Sanzari taps RIPCO as leasing team for grocery-anchored retail center in Hackensack

Alfred Sanzari Enterprises has named RIPCO Real Estate as its leasing broker for a 100,000-square-foot, grocery-anchored shopping center in Hackensack.

Government & Public Policy

EDA approves $74 million tax credit, boosting award for planned 207-unit Newark high-rise

A project that would bring more than 200 new apartments to downtown Newark is moving ahead with expanded support from the state, securing approvals for up to $74 million in Aspire tax credits from the Economic Development Authority.

CBRE: Buyer wanted for Harrison ‘town square’ site with major residential, commercial phases

A major development site in Harrison is on the market for sale with approvals in place for 1,500 residential units, a 200-key hotel and large office and retail components.

Industrial

BRC: Glass company leases 54,000 sq. ft. in Woodbridge in move from New York

A glass company has leased nearly 54,000 square feet of industrial space in the Keasbey section of Woodbridge, in a newly announced deal by Bussel Realty Corp.

Professional Services

McCarter & English adds Lyons as partner in real estate, cannabis groups

McCarter & English has announced the addition of Richard G. Lyons as a partner in its real estate and cannabis practices.

Professional Services

The Garibaldi Group’s Bartolacci formally moves to newly acquired NAI Summit team

Michael Bartolacci, the longtime broker at the helm of The Garibaldi Group’s Lehigh Valley office, is formally transitioning to NAI Summit after the two firms joined forces last month.

Health Care & Education

Onyx welcomes JAG Physical Therapy to The Junction at Gateway Center in Newark

Onyx Equities has welcomed JAG Physical Therapy to Newark’s Gateway Center, marking the latest addition to the revamped retail lineup at the four-building office complex.

Community

Denholtz, Dirscherl join Monmouth Conservation Foundation board

The Monmouth Conservation Foundation has bolstered its board with the addition of Denholtz Properties’ Steven Denholtz and Dan Dirscherl of Ares Management.

Industrial

CBRE: Heller inks 285,000 sq. ft. deal at Exit 8A with global logistics, fulfillment firm

A logistics and distribution firm is consolidating in South Brunswick after recently leasing more than 285,000 square feet of new industrial space, brokers with CBRE said Tuesday.