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.

Finance & Capital Markets
JLL sources $22 million acquisition loan for South Jersey, Pennsylvania light industrial deal

The new owner of more than 250,000 square feet of light industrial space in South Jersey and suburban Philadelphia has landed some $22 million in acquisition financing.

Professional Services
KEA taps 35-year industry veteran as new electrical department head

KEA Engineers has hired an industry veteran to lead its electrical department, the Woodbridge-based firm announced Friday.

Industrial
Owner of I-78 campus in Hunterdon eyes new warehouse space after latest acquisition

A commercial real estate firm has expanded its New Jersey portfolio with the purchase of a warehouse and nearly 200 acres in Hunterdon County, according to Cushman & Wakefield.

Industrial
WCRE: Salem County building slated for food distribution use after recent sale

An investor has purchased a 25,000-square-foot industrial and cold storage building in Salem County, under a newly announced transaction by Wolf Commercial Real Estate.

Office
Landlords detail sweeping plan to upgrade 141,000 sq. ft. Giralda Farms building

A joint venture has unveiled its multimillion-dollar plan to renovate a piece of the acclaimed Giralda Farms office campus, while tapping JLL to market the 141,000-square-foot property.

People
Reynolds Asset Management hires vice president of acquisitions, development

Reynolds Asset Management has named a new vice president of acquisitions and development to support its growing pipeline in and around its home state of New Jersey.

Industrial
NAI Hanson inks sale of two-building industrial, flex complex in Clifton

A private investor has acquired more than 130,000 square feet of industrial and flex space in Clifton, in a newly announced transaction by NAI James E. Hanson.

Professional Services
Avison Young taps 40-year brokerage veteran for growing tristate team

Avison Young has named a new principal in the region as the latest addition to team of commercial real estate brokers.

Retail
Tenants lease a combined 11,000 sq. ft. at Route 17 shopping center, Goldstein Group says

Four tenants have signed leases at a busy shopping center on Route 17 in East Rutherford, according to brokers with The Goldstein Group.

Office
Vantage Commercial: Builder moves regional office, takes space in Camden County

61 North Lakeview Drive in Gibbsboro — Courtesy: Vantage Commercial By Joshua Burd A construction firm will double the size of its regional headquarters as part of an upcoming move to Camden County, under a deal arranged by Vantage Commercial.…