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.

Events
NAIOP New Jersey honors past, present and future leaders as annual President’s Awards draws packed crowd to Newark’s Gateway Center

Commercial real estate leaders flocked to downtown Newark on Monday for one of NAIOP New Jersey’s signature events, as the association honored a slate of highly regarded members and others that have helped support the industry in the Garden State.

Industrial
BRC: Meiya Capital expands in New Jersey with 87,000 sq. ft. sublease in Edison

A logistics firm has subleased more than 87,000 square feet of industrial space in Edison, brokers with Bussel Realty Corp. announced Monday.

Retail
Pediatric dental office leases 4,000 sq. ft. at Ewing’s Capitol Plaza, LMC says

A pediatric dental practice has taken nearly 4,000 square feet at a Mercer County shopping center, becoming the second health care tenant to join the property this year.

Industrial
Weiss Realty taps JLL as leasing team for 488,000 sq. ft. Illinois warehouse

Moonachie-based Weiss Realty is seeking a new tenant for a warehouse in Illinois, naming a Chicago-based team with JLL as its leasing agent for the 488,000-square-foot property.

Residential & Mixed Use
Advance, growing footprint in Hoboken’s North End, breaks ground on 52-unit rental project

Advance Realty Investors has broken ground on a project that will bring 52 new luxury apartments to a key intersection in Hoboken’s growing North End.

Industrial
Altman-led group buys defunct office site in Parsippany, plans 140,000 sq. ft. warehouse

A joint venture is planning some 140,000 square feet of new logistics space in Parsippany after acquiring an aging office building just south of Interstate 80.

Residential & Mixed Use
JLL seeking buyer for 406-unit luxury rental property at Wood-Ridge’s Wesmont Station

A developer is looking to sell a 406-unit luxury apartment complex in Wood-Ridge, providing would-be buyers with a chance to own part of the landmark Wesmont Station property.

Retail
Azarian: North Brunswick lifestyle center adds indoor kids’ gym with new 6,000 sq. ft. deal

An indoor kids’ gym is expanding to New Jersey after leasing nearly 6,000 square feet at The Shoppes at North Brunswick, in a newly announced deal by Azarian Realty Co.

Office
Green Hill Title leases 3,000 sq. ft. for new location in Mount Olive

Green Hill Title LLC has found a new home for its main office after taking nearly 3,000 square feet in Mount Olive’s sprawling International Trade Center section.

People
Denholtz adds Paschal, Kostakis in key acquisitions and development roles

Denholtz Properties has deepened its bench with the addition of Paul Paschal as director of acquisitions for the Mid-Atlantic and Southeast and Kyle Kostakis as development manager.