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.

With new $100 million rescue capital fund, Denholtz sees long-term value in solving short-term challenges

Denholtz Properties is raising $100 million for its new rescue capital fund, with plans to draw on its own vertically integrated, in-house team to find investments and make them successful as it looks to build new long-term relationships in the industry.

Office

Zimmel: Health care consulting firm takes 16,000 sq. ft. in Matawan office deal

A health care consulting firm has leased more than 16,000 square feet at a Matawan office building, in a newly announced deal by Zimmel Associates.

Residential & Mixed Use

Developers welcome first renters to 39-unit property in Jersey City

The first renters have arrived at a new 39-unit apartment building in Jersey City’s Bergen-Lafayette neighborhood, following the launch of leasing earlier this year.

Health Care & Education

Atkins teams with doctors to bring new luxury plastic surgery center to Manhattan

Atkins Cos. has completed a project that has brought a new luxury aesthetics and plastic surgery center to Manhattan’s Hudson Square neighborhood.

Retail

NAI Hanson inks sale of 42,000 sq. ft. Bridgewater retail center for $8.2 million

Cedar Hill Associates LLC has sold a nearly 42,000-square-foot retail property in Bridgewater for $8.2 million, brokers with NAI James E. Hanson announced this week.

Industrial

Private buyer snags 93,000 sq. ft. Oakland warehouse for $14.7 million, JLL says

A private investor has purchased a 93,000-square-foot industrial building in Bergen County for $14.65 million, in a newly announced deal by JLL.

Office

Newmark: Updates to Parsippany office building paying off with 91,000 sq. ft. in leasing

American Equity Partners has completed a major renovation of a Parsippany office building, where it’s reaping the benefits with nearly 91,000 square feet in recent leasing activity.

Editor’s Note

Doren Development buys new Wawa property in Mountain Lakes for $6.7 million

Doren Development has added to its portfolio in northern New Jersey after closing on a newly built Wawa property in Mountain Lakes.

Retail

Orangetheory takes 3,200 sq. ft. at Warren retail center, Goldstein Group says

Orangetheory Fitness has arrived in Warren after leasing 3,200 square feet at a grocery-anchored shopping center in the township, brokers with The Goldstein Group announced Monday.

Professional Services

Resource Realty of Northern New Jersey names Sabato, Wilson and Peck as principals

Resource Realty of Northern New Jersey has tapped Greg Sabato, Brian Wilson and Scott Peck as its newest principals, expanding its leadership ranks as it eyes continued growth.