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.

CBRE brokerage team touts $1.1 billion in New Jersey investment sales in 2019

A regional brokerage team with CBRE is hailing more than $1 billion in sales in 2019, highlighted by the $151.2 million trade of a nearly 320,000-square-foot logistics center in Secaucus.

NAI Hanson: South Orange development lot changes hands, slated for mixed-use project

A developer has acquired the former site of a bank branch in South Orange, brokers with NAI James E. Hanson said, citing plans for a new building with retail and residential space.

CBRE inks $4.7 million sale of North Jersey flex, industrial portfolio

A family estate has sold a four-building, 95,000-square-foot industrial and flex portfolio in northern New Jersey, under a newly announced transaction by CBRE.

SJP, Scotto ink 110,000 sq. ft. lease with Deloitte for mixed-use redevelopment in Morristown

Deloitte LLP has agreed to lease 110,000 square feet in downtown Morristown, where it’s slated to anchor a high-profile redevelopment proposed by SJP Properties and Scotto Properties.

JLL: Monroe grocery-anchored retail center sells for $32 million

A joint venture has acquired a Middlesex County shopping center for more than $32 million, in a newly completed transaction by brokers with JLL.

Treetop adds second Freehold industrial building, plans 200,000 sq. ft. redevelopment

Treetop Development has added its fourth industrial building in recent months, acquiring a nearly 155,000-square-foot complex in Freehold that it now plans to redevelop.

CBRE inks 31,000 sq. ft. office lease in Parsippany

A technology and consulting firm has leased more 30,000 square feet at a Parsippany office building, under a newly announced transaction by CBRE.

LeFrak, Harbor Group close $372 million office sale in Jersey City, reports say

An investment firm has closed on its $372 million acquisition of a 22-story office tower in Jersey City, adding a high-profile waterfront property to its growing New Jersey portfolio.

Vision, Rubenstein tout upgrades at Parsippany campus amid high-profile lease (SLIDESHOW)

As they mark a high-profile transaction at a Parsippany office complex, Vision Real Estate Partners and Rubenstein Partners LP have offered a new look at their plans to transform the two-building, 700,000-square-foot office complex.

NAI Hanson: Lighting firm acquires South Hackensack building, relocating from NYC

A lighting company is relocating from Manhattan after acquiring a 20,000-square-foot industrial building in South Hackensack, in a newly announced deal by NAI James E. Hanson.