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
Seagis buys new 211,000 sq. ft. Kearny warehouse in deal with Russo, River Development

Seagis Property Group has acquired more than 211,000 square feet of newly completed logistics space in Kearny, in a deal arranged by Cushman & Wakefield.

Office
JLL: Private buyer adds 155,000 sq. ft. former MetLife office building in Hanover

Ravine Development Co. LLC has sold a nearly 155,000-square-foot office building in Hanover Township, brokers with JLL announced Monday.

Deals
Resource Realty of Northern New Jersey touts nine new leases, sales to close out summer

A packaging company has sold a nearly 35,000-square-foot industrial building in Paterson for some $5 million, part of a flurry of recent deals by Resource Realty of Northern New Jersey.

Retail
Pierson marketing new retail lease, investment opportunities in North Plainfield and Middlesex

Two retail properties in Central New Jersey have hit the market — one for lease and one for sale to a potential investor — in a set of new offerings by Pierson Commercial.

Retail
Bojangles plans new location at Piscataway redevelopment site, Goldstein Group says

A new Bojangles restaurant is opening in central New Jersey after securing a site in Piscataway, in a newly announced deal by The Goldstein Group.

Professional Services
DIGroup Architecture tapped to design Saddle River Day School science building

Saddle River Day School has picked DIGroup Architecture to design a new 32,000-square-foot academic building on its campus, the New Brunswick-based firm announced.

Industrial
Food ingredients supplier buys 73,000 sq. ft. warehouse in Garfield for $16.5 million

An owner-occupier has purchased a 73,000-square-foot warehouse property in Garfield for $16.5 million, brokers with Lee & Associates – WBE announced Friday.

Professional Services
NAIDB adds Teixeira as vice president with brokerage team

Priscilla Teixeira has joined NAI DiLeo-Bram & Co. as a vice president, marking the latest addition to the Woodbridge-based brokerage team.

Community
NAIOP New Jersey golf classic raises funds for 15,000 meals for Community FoodBank of N.J.

The state’s commercial real estate sector came together last month for a day of friendly competition and community action as NAIOP New Jersey hosted its 2024 Golf Classic and Pickleball Tournament, in a show of support for the Community FoodBank of New Jersey

Retail
Auto dealership parcel trades in Atlantic County, Vantage Commercial says

An auto dealership in Atlantic County has sold a car lot on Route 73, in a newly announced transaction by Vantage Commercial.