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
Sanzari, dental imaging equipment maker ink 16,000 sq. ft. lease at Glenpointe

A dental imaging company has leased more than 16,000 square feet of office space at Glenpointe, Alfred Sanzari Enterprises’ flagship business campus in Teaneck.

Office
Jefferson Health sells 27,000 sq. ft. Voorhees office building, WCRE says

Hospital chain Jefferson Health has sold a vacant 27,000-square-foot office building in Voorhees, in a deal arranged by Wolf Commercial Real Estate.

Office
JLL: Buyer wanted for 155,000 sq. ft. office building, land parcel outside Princeton

An office building in West Windsor is on the market for sale, offering a tenant roster that includes Princeton University and a development opportunity on an adjacent parcel.

Retail
Shoppes at Flemington trades for $6.25 million, Marcus & Millichap says

An investor has purchased a nearly 131,000-square-foot retail center in Flemington for $6.25 million, in a newly announced deal by Marcus & Millichap.

Industrial
Denholtz enters Texas market, acquires new 213,000 sq. ft. industrial campus

Denholtz Properties has added to its portfolio outside New Jersey with more than 213,000 square feet of newly built industrial space near Austin, Texas.

Finance & Capital Markets
Northwind, 601W close $65 million loan for Harborside 5 acquisition in Jersey City

The 601W Cos. has landed $65 million in financing for its acquisition of Jersey City’s nearly 1 million-square-foot Harborside 5 office tower.

Residential & Mixed Use
Kushner breaks ground on 299 apartments, supermarket in key gateway project for downtown Long Branch

Kushner is set to begin construction on a project that will bring nearly 300 new apartments and a supermarket to Long Branch, helping to jumpstart the long-awaited development of a neighborhood just west of the city’s booming waterfront.

Office
CBRE named leasing agent at 405,000 sq. ft. Parsippany office building

The owner of a 405,000-square-foot office building in Parsippany has appointed CBRE as its leasing agent, the brokerage team announced Wednesday.

Retail
Sherwin-Williams takes 4,000 sq. ft. at new mixed-use campus in Bordentown, BRC says

Sherwin-Williams has leased 4,000 square feet at a new Bordentown retail property, in a deal arranged by Bussel Realty Corp.

Professional Services
InSite Engineering debuts Manahawkin office, eyeing southward expansion

InSite Engineering LLC has expanded its footprint at the Jersey Shore with a new office in Manahawkin.