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.

Office
WCRE brokers sale of 1,500 sq. ft. medical office condo in Voorhees

A private entity has sold a 1,500-square-foot medical office condominium in Voorhees, in a newly announced deal by Wolf Commercial Real Estate.

Residential & Mixed Use
Alpine, Fields Grade adding four new eateries to Bergen-Lafayette rental portfolio in Jersey City

The developers of several apartment buildings in Jersey City’s growing Bergen-Lafayette neighborhood are welcoming four new dining options to the portfolio.

Health Care & Education
Medical office leases in Mercer, Middlesex among latest deals by Fennelly Associates

A pediatric neurology practice has leased 3,800 square feet of medical office space in Hamilton, in the largest of four newly announced deals by Fennelly Associates.

Office
Moving company leases 8,000 sq. ft. in Bridgewater, in one of three Zimmel office deals

A moving company has taken 8,000 square feet of office space in Bridgewater, in one of three recent leases arranged by Zimmel Associates.

Community
REDCOM raises $4,000 for The Valerie Fund, joins 5K as first-time participant

REDCOM Design & Construction is among the newest supporters this year for The Valerie Fund, a nonprofit supporting children with cancer and blood disorders.

Office
Amicus Therapeutics debuts Princeton headquarters in Ware Malcomb-designed space

Amicus Therapeutics has unveiled its new global headquarters in downtown Princeton, where it occupies more than 27,000 square feet of office space designed by Ware Malcomb.

Finance & Capital Markets
JLL: Developer of 42-unit Journal Square building snags $13 million construction loan

A new 42-unit apartment building is coming to Jersey City’s Journal Square with the help of a $13.1 million construction loan, according to a debt placement team with JLL.

Office
Biosimilars firm leases 10,000 sq. ft. in Bridgewater in deal with KRE, Avison Young says

A global life sciences company has taken nearly 10,000 square feet at a Bridgewater office building, in a newly announced deal by Avison Young.

Industrial
Industrial user takes 21,000 sq. ft. near Port Newark, in deal arranged by Blau & Berg

The owner of a 175,000-square-foot industrial complex in Elizabeth has secured a new tenant with a recently completed, 21,000-square-foot lease at the property.

Industrial
Hugo Neu, trucking firm sign deal for Kearny outdoor storage site, BRC says

A trucking company has expanded its footprint in Kearny after leasing a two-acre industrial outdoor storage property, brokers with Bussel Realty Corp. announced.