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
Ware Malcomb touts completion of redesigned common spaces, upgrades at Parsippany campus

Design firm Ware Malcomb is detailing its renovation and rebrand of two office buildings in Parsippany, where it worked on behalf of Onyx Equities.

Residential & Mixed Use
Grid: Developer buys West New York parcel, eyeing 133-unit waterfront rental tower

A developer has closed on a parcel in northern Hudson County where it plans to build a 133-unit apartment tower with views of Manhattan, brokers with Grid Real Estate LLC announced.

Office
Developers reveal new office, retail space at former Montclair warehouse property

A joint venture has unveiled 20,000 square feet of new high-end office and retail space in Montclair after completing its adaptive reuse of a former self-storage warehouse.

Industrial
New Jersey’s first high-end electric truck charging lot coming to Newark

The owner of what will be an electric truck charging lot in Newark has tapped Cushman & Wakefield as its leasing agent, in what brokers describe as a first for the New Jersey market.

Retail
Bagel shop expands to Woodbridge with 2,100 sq. ft. lease, Azarian says

A bagel shop has opened its doors at a Woodbridge shopping center after a recent lease for nearly 2,100 square feet, in a deal arranged by Azarian Realty Co.

Industrial
NAI Hanson: Floral designer outgrows home office, takes 2,000 sq. ft. at Sparta flex building

A floral designer has leased more than 2,000 square feet at an industrial flex building in Sparta, in a newly announced deal by NAI James E. Hanson.

Office
Regus, Spaces parent IWG doubles down in New Jersey with 12 new locations

Despite a week of bad headlines for the coworking industry, the world’s largest provider of flexible workspaces is in the midst of a major expansion in New Jersey.

Retail
How growth-hungry franchises have become a driving force for CBRE’s AmecAngelo team

The AmecAngelo team has filled its pipeline in recent years with national assignments for Paris Baguette and other fast-growing chains, displaying a broad reach from their office in East Brunswick. The brokers have closed more than 100 deals this year alone on behalf of clients they represent throughout the U.S. and in preferred markets, while they expect that momentum to continue amid sustained demand for food-, fitness- and service-based retail.

Residential & Mixed Use
Buyer wanted for 636-unit garden apartment complex outside Princeton, JLL says

A sprawling garden apartment complex outside Princeton is on the market for sale with the potential to draw offers in the $170 million range.

Top News
Edison Properties, Newark officials unveil ‘Jerry Gottesman Way’ honoring late real estate icon

A new street sign in downtown Newark is paying tribute to the late Jerry Gottesman, the visionary real estate executive who spent decades advocating for the city’s revitalization.