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
Greek files plans for 644,000 sq. ft. logistics facility at former Nabisco plant in Fair Lawn

Greek Development has revealed new details of its plan to bring modern industrial space to the former Nabisco plant site in Fair Lawn, where demolition is well underway.

Professional Services
Rock Brook taps workplace technology leader as executive director

Rock Brook has bolstered its team of consultants and engineers with the addition of a longtime expert in workplace technology, the Monroe-based firm announced.

Professional Services
A.Y. Strauss adds veteran real estate attorney as partner

Boutique law firm A.Y. Strauss has named a new partner in its commercial real estate group.

Retail
Food safety firm buys ex-M&T Bank branch in Hackettstown, Goldstein Group says

A global food safety business has acquired the former site of an M&T Bank branch in Hackettstown, in a newly announced deal by The Goldstein Group.

Professional Services
Tokarski Millemann picked to design three-building, 34,000 sq. ft. retail project in Jackson

The developer of what would be more than 30,000 square feet of new retail space in Jackson has tapped Tokarski Millemann Architects for the project.

Retail
BRC: Walk-in pet clinic takes 1,000 sq. ft. in Paramus

A growing pet wellness franchise has leased 1,000 square feet of retail space in Paramus, brokers with Bussel Realty Corp. announced Monday.

Residential & Mixed Use
New boutique Hudson County apartment building fetches $400,000 per unit, Kislak says

A developer has sold a recently completed, 13-unit apartment building in West New York for more than $400,000 per unit, in a newly announced deal by The Kislak Co. Inc.

Professional Services
Cervelli makes key additions to property management, sales teams

Cervelli Real Estate and Property Management has made three personnel moves to support its growing business in Hudson County and beyond.

Retail
LMC survey: Brick-and-mortar retailers see continued momentum, expansion in 2023

Brick-and-mortar retailers are largely optimistic about their prospects this year, according to an annual survey by Levin Management Corp., amid easing concerns about labor shortages and momentum built during a strong 2022.

Industrial
Velocity sells 48,000 sq. ft. Camden County industrial building for $4.2 million

Velocity Venture Partners has sold a Camden County industrial building for $4.2 million, in a deal that comes less than three years after it purchased the 48,000-square-foot facility.