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.

Red Bulls, Gensler detail plans for newly approved training campus in Morris Township

The New York Red Bulls have tapped Gensler as its lead architect for a long-awaited new training complex in Morris Township, where plans call for redeveloping a large piece of the former Honeywell International headquarters property.

Professional Services

Fairfield-based GZA expands platform, footprint with acquisition of Equity Environmental

GZA GeoEnvironmental Inc. has acquired Equity Environmental Engineering LLC, a provider of planning and environmental consulting services throughout the Northeast and Mid-Atlantic.

Residential & Mixed Use

First renters set to arrive at Walters’ new 150-unit senior housing project in Branchburg

Walters is set to welcome the first residents to a new development that will bring 150 units of age-restricted housing to Branchburg, the developer announced Monday.

Technology

Appraisal startup Valcre adds Otteau Group, Pyramid to New Jersey client roster

An appraisal software platform has added Otteau Group Inc. and Pyramid Real Estate Advisors to its growing list of New Jersey-based clients.

Retail

Unity Bank debuts 1,900 sq. ft. Fort Lee branch

Unity Bank has opened its 20th branch with a new full-service location in Fort Lee, increasing its service footprint and boosting its retail presence in Bergen County.

Retail

Convenience store takes 3,300 sq. ft. in Middlesex, Boniakowski says

A convenience store operator has leased a 3,250-square-foot, freestanding building in Middlesex Borough, in a deal arranged by The Boniakowski Commercial Real Estate Group.

Finance & Capital Markets

Kennedy Funding closes $3.7 million land loan to developer in Peru’s eighth-largest city

Kennedy Funding has closed a land loan that will help a developer advance a mixed-use project in northwestern Peru, the Englewood-based direct private lender announced.

Office

Birch Group, Hospital for Special Surgery ink 40,000 sq. ft. office lease in Paramus

The Birch Group has leased more than 40,000 square feet of office space in Paramus to the Hospital for Special Surgery, in one of five newly announced deals by Cushman & Wakefield.

Senlac rebrands as GreenBarn Investment Group, adds Schonbraun as managing partner

The Morristown-based firm known as Senlac Ridge Partners is now GreenBarn Investment Group, while it has added a commercial real estate industry veteran as a managing partner.

Residential & Mixed Use

Team behind Hoboken’s ‘Wonder Lofts’ opens new ground-up condo building

A development team has unveiled a new condominium building across from Hoboken’s Wonder Lofts, a historic industrial building that’s now home to dozens of upscale residences.