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
Edison cabinet maker sells 4,000 sq. ft. industrial building on Route 1, NAIDB says

1251 Route 1 in Edison — Courtesy: NAI DiLeo-Bram & Co. By Joshua Burd A family-owned cabinet business has sold a 4,000-square-foot industrial building in Edison, in a newly announced deal by NAI DiLeo-Bram & Co. Marc L. Shein, an…

People
JLL adds Buck, Berckmans to bolster tristate nonprofit, education and government practice

JLL has strengthened its nonprofit, education and government practice in the tristate region with the return of Allison Buck and the addition of Ella Berckmans.

Deals
Clarion Partners, auto parts retailer ink 444,000 sq. ft. industrial lease in Cranbury

An auto parts retailer has taken more than 444,000 square feet of modern industrial space along the New Jersey Turnpike in Cranbury, in a deal arranged by The Blau & Berg Co. and JLL.

Top News
Developer lands site plan approval for 68-unit Plainfield rental project, Taylor Architecture says

Plans for a new 68-unit apartment building in Plainfield are moving ahead with a key approval from city officials, according to a team with Taylor Architecture & Design.

Deals
Denholtz inks 21,000 sq. ft. lease in first deal at new Bridgewater industrial building

Denholtz has delivered more than 73,000 square feet of new industrial space in Bridgewater, having already leased nearly a third of the building to a supermarket technology company.

Industrial
JLL: Provident Bank closes construction, bridge loan to Hillsborough self-storage developer

A developer has secured construction and bridge financing for a planned 709-unit self-storage facility in Somerset County, brokers with JLL announced Monday.

Top News
Developer eyes new 167,000 sq. ft. warehouse in Montville, NAI Hanson leasing team says

A developer has tapped NAI James E. Hanson as its leasing team for a project that would bring nearly 167,000 square feet of new industrial space to Montville.

Top News
Larken opens tours, eyes move-ins at new 420-unit rental property outside Easton

Larken Associates is set to welcome residents to its newest luxury rental property, a sprawling 420-unit complex outside Easton, Pennsylvania, and just over the New Jersey border.

Policy Page
Turning early optimism into action

Gov. Mikie Sherrill took office with a clear mandate from New Jersey voters: make the state more affordable, more efficient and more competitive. For the commercial real estate (CRE) industry, that message matters because growth does not happen in a vacuum. It relies heavily on public policy that allows projects to move forward, capital to be deployed with confidence and employers to expand in places where workers can live, commute and thrive.

Deals
Longtime nonprofit Our House Inc. leases 27,000 sq. ft. in New Providence, Kislak says

A nonprofit has secured a new headquarters with a nearly 27,000-square-foot office lease in New Providence, according to a team with Kislak Commercial Real Estate Services Inc.