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.

People
Denholtz’s Omundsen named 2025 Connect CRE Next Generation Awards honoree

A trade publication has recognized Shane Omundsen, vice president of acquisitions with Denholtz, as a rising star and a key player in the firm’s growing national footprint.

Retail
WCRE: ‘Rage room’ business leases 3,200 sq. ft. at Camden County retail center

A so-called rage room is coming to Camden County after taking 3,200 square feet of retail space on a major thoroughfare, according to a broker with Wolf Commercial Real Estate.

Industrial
Brookfield leases up new 152,000 sq. ft. industrial building in Union, Lee & Associates says

Brookfield Properties has preleased a nearly 152,000-square-foot industrial building in Union Township, in a newly announced deal by Lee & Associates – WBE New Jersey.

Residential & Mixed Use
Woodmont, Canoe Brook launch leasing at 199-unit Randolph rental property

Woodmont Properties and Canoe Brook Development have unveiled their latest joint venture, launching leasing at a 199-unit luxury rental property along Route 10 in Randolph.

Retail
TFE sells 93,000 sq. ft. Fair Lawn shopping center one year after acquisition

TFE Properties has sold a nearly 93,000-square-foot shopping center with redevelopment potential in Fair Lawn, inking the deal less than a year after acquiring the property.

Retail
Urban Edge, Chip City ink 800 sq. ft. lease to fill Marlton shopping center

Urban Edge Properties has signed an 800-square-foot lease with Chip City Cookies, bringing another tenant to a grocery-anchored shopping center in Evesham Township.

Health Care
Prism’s ON3 campus welcomes 90,000 sq. ft. Hackensack Meridian Health facility

The new 90,000-square-foot Hackensack Meridian Health & Wellness Center has opened its doors at ON3, Prism Capital Partners’ signature mixed-use campus in Nutley and Clifton.

Top News
Onyx named first official supporter for FIFA World Cup New York New Jersey Host Committee

Onyx Equities is set to play a major role in next year’s FIFA World Cup, announcing Wednesday that it has become the first official supporter for the New York New Jersey Host Committee.

Industrial
JLL: Ridgecut Road buys six-acre Fairfield industrial property, secures acquisition loan

Ridgecut Road has acquired and secured financing for a low-coverage industrial property in Fairfield, in a set of transactions arranged by JLL’s capital markets team.

Finance & Capital Markets
Faropoint, Deugen ink $33 million loan for 195,000 sq. ft. New Brunswick warehouse project

Faropoint and Deugen Development have closed on a $33 million construction loan for a new two-building industrial project in New Brunswick, in a deal arranged by Cushman & Wakefield.