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
Camber, Invesco buy 384,000 sq. ft. industrial portfolio in Burlington County

Camber Real Estate Partners and Invesco Real Estate have added more than 384,000 square feet of industrial space as part of a five-building portfolio deal in northern Burlington County.

Industrial
Stonemont delivers new 296,000 sq. ft. spec warehouse project in Passaic

Atlanta-based Stonemont Financial Group has completed construction on nearly 296,000 square feet of new industrial space off Route 21 in Passaic.

Finance & Capital Markets
Owner of Hampton Inn near Newark Airport refis with new senior loan, Cronheim says

The owner of a newly updated hotel near Newark Liberty International Airport has refinanced the property, in a deal arranged by Cronheim Hotel Capital.

Retail
Universal Lacrosse opens 3,200 sq. ft. shop at Larken’s Raritan Crossing property

A lacrosse shop has opened a new location in Raritan Borough, where it occupies more than 3,200 square feet under a lease with Larken Associates.

Office
WCRE: Private tenant takes 1,200 sq. ft. at Cherry Hill office building

The owner of a boutique office building in Cherry Hill has secured a new tenant for the property, according to a broker with Wolf Commercial Real Estate.

Professional Services
Alban Group names Smith as president, Gobel as project engineer

The Alban Group has named a new president, tapping Tammy Smith for the post in one of two promotions announced Thursday by the Newark-based construction firm.

Industrial
Environmental services firm leases new 10,000 sq. ft. facility in Somerset, Sheldon Gross says

An environmental services firm has leased a newly built, 10,000-square-foot commercial property in Franklin Township, according to a brokerage team with Sheldon Gross Realty.

Health Care
Sanzari: Hackensack Meridian Health adds 8,100 sq. ft. at Hackensack medical arts building

Alfred Sanzari Enterprises has leased more than 8,100 square feet in Hackensack to a division of Hackensack Meridian Health, bringing a well-known medical office building to full occupancy.

Food & Beverage
Advance, Episcope Hospitality partner to bring new upscale café and restaurant to Harrison

A new restaurant and café are coming to Harrison’s Riverbend District, the growing mixed-use neighborhood developed in recent years by Advance Realty Investors.

Office
Vantage Commercial: Investor buys, inks new lease at Gloucester County office building

A private investor has acquired a more than 13,000-square-foot office building in Gloucester County, in a newly announced deal by Vantage Commercial.