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
Prologis adds 126,000 sq. ft. Teterboro industrial building, NAI Hanson says

Prologis Inc. has purchased a nearly 126,000-square-foot industrial building in Teterboro, adding to its vast holdings in Bergen County and northern New Jersey.

Top News
JRM completes buildout of new Paradox Museum at American Dream

A new 11,000-square-foot specialty museum has opened its doors at American Dream in East Rutherford, following a project spearheaded by JRM Construction.

Retail
RIPCO: Paramount Realty buys 79,000 sq. ft. Toms River retail center for $8.75 million

Paramount Realty has added more than 79,000 square feet of retail space after acquiring a multitenant shopping center in Toms River, brokers with RIPCO Real Estate said.

People
Somerville-based dancker names new senior vice president for people, culture

Interior solutions firm dancker has hired a veteran recruiting and human resources professional as its senior vice president for people and culture.

Residential & Mixed Use
Accurate welcomes first renters to new 185-unit Little Falls rental property

Accurate has opened the doors to its new 185-unit upscale apartment property in downtown Little Falls, marking the latest addition to its fast-growing rental portfolio.

Retail
Fort Lee retail center with multifamily zoning on the market for sale, JLL says

The site of a busy shopping center in Fort Lee is on the market for sale, with the potential for redevelopment as a multifamily property at the foot of the George Washington Bridge.

Industrial
Sanzari inks 72,000 sq. ft. renewal in Norwood with therapeutic shoemaker

A shoe manufacturer has signed a nearly 72,000-square-foot lease renewal at a Norwood industrial building owned by Alfred Sanzari Enterprises, the real estate firm announced.

Retail
RIPCO: Retail tenants lease 4,200 sq. ft. at KABR-owned building in Englewood

The KABR Group has signed two new retail deals at a recently upgraded, 43,000-square-foot property in downtown Englewood, according to a leasing team with RIPCO Real Estate.

Industrial
3PL firm buys 37,000 sq. ft. Bergen County warehouse to support growth, BRC says

A third-party logistics firm has acquired a 37,000-square-foot industrial building in Northvale for $7.6 million, brokers with Bussel Realty Corp. announced Monday.

Retail
Vantage Commercial: Philly brunch spot expands to Cherry Hill with new lease

A brunch restaurant has found its first New Jersey location after signing a long-term lease in Cherry Hill, under a deal arranged by Vantage Commercial.