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.

Deals
Zimmel inks sale of 13,000 sq. ft. East Brunswick medical building

Zimmel Associates has brokered the sale of a 13,336-square-foot medical building in East Brunswick to Avatar Residential Detox Center for $2.1 million, the firm announced Tuesday.

Professional Services
Zimmerman elected to board of N.J. State Bar Association Land Use Law Section

Evan Zimmerman, a shareholder at Red Bank-based Giordano, Halleran & Ciesla PC, was recently elected to the board of directors of the New Jersey State Bar Association’s Land Use Law Section. 

Retail
Newmark Associates: Freehold retail center attracts three new tenants, now fully leased

A neighborhood shopping center in Freehold is now fully leased after a trio of recent deals arranged by Newmark Associates, the brokerage team announced recently.

Retail
Azarian: Dress shop, shipping business among newest tenants at Livingston Town Center

Two new retail tenants are coming to Livingston Town Center after a set of deals totaling more than 3,000 square feet, according to a leasing team with Azarian Realty Co.

Office
Day Pitney leases 55,000 sq. ft. in Parsippany for New Jersey team’s new offices

Day Pitney LLP has found a new home in Parsippany after reportedly leasing some 55,000 square feet in one of the township’s best-known office corridors.

Top News
Kislak: Buyer wanted for 101-unit loft-style rental property in Newton

A historic complex with 101 loft-style apartments and medical office space is on the market for sale in Sussex County, in a newly announced offering by The Kislak Co.

Industrial
BRC: Reverse logistics firm relocates from Brooklyn, takes 15,000 sq. ft. in Piscataway

Reverse logistics firm Like New Products has leased 15,000 square feet in Piscataway, Bussel Realty Corp. of Edison announced this week.

Industrial
Blau & Berg tapped to lease 13,000 sq. ft. Linden truck terminal facility

The owner of a nearly 13,000-square-foot truck terminal in Linden has tapped The Blau & Berg Co. as its leasing team for the facility, the brokers announced recently.

People
Saxum’s Vitiello promoted to controller

Saxum Real Estate has promoted Chris Vitiello to the post of controller with its Summit-based team.

Retail
Retail space at downtown Montclair condo property on the market for sale, JLL says

The owner of nearly 36,000 square feet of high-end retail space in downtown Montclair is looking to sell the property, brokers with JLL said in a recent offering.