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.

Retail
LMC: Ace Pickleball debuts 27,000 sq. ft. location at North Brunswick shopping center

Indoor pickleball has arrived at a busy retail property in North Brunswick, bringing a distinctive new use to the complex as part of its evolving tenant mix.

Top News
Cervelli lists mixed-use Journal Square building with ‘value-add upside, owner-user potential’

A three-story, 13,000-square-foot commercial building in Jersey City is on the market for sale, in a newly announced offering by Cervelli Real Estate & Property Management.

Retail
Millville retail center fetches $2.4 million in deal with local investor, A.J. Sussman says

A local investor has purchased a nearly 34,000-square-foot retail center in Millville for $2.4 million, in a newly announced deal by A.J. Sussman Co.

Industrial
Maersk takes 233,000 sq. ft. at Linden Logistics Center in latest lease by Advance, GREP team

The developers of the sprawling Linden Logistics Center campus have secured a new tenant, filling more than 233,000 square feet thanks to a deal with a global shipping giant.

Professional Services
Hilton, McBride join Cushman to bolster global portfolio solutions unit

Cushman & Wakefield has welcomed brokers Nick Hilton and Brendan McBride, adding two industry veterans to the global portfolio solutions team based in its New Jersey office.

Professional Services
Investment firm seeking buyer for 253,000 sq. ft. Woodcliff Lake office building, JLL says

The owner of a nearly 253,000-square-foot office building in Woodcliff Lake has listed the property for sale, in an offering that follows a recent uptick in leasing activity.v

Residential & Mixed Use
Nasser Freres launches leasing at 622-unit Journal Square rental tower

Another luxury apartment tower has arrived in Journal Square, adding more than 600 units to the historic but fast-growing commercial district in Jersey City.

Industrial
Connors inks $3 million sale of 15,000 sq. ft. North Bergen industrial building

More than 15,000 square feet of industrial space in North Bergen has changed hands as part of a $3.05 million building sale arranged by the William F. Connors Agency, the firm announced.

Industrial
Blau & Berg: Startup takes 42,000 sq. ft. in Harrison for fusion energy research facility

A clean energy startup is expanding to Harrison with a new lease for nearly 42,000 square feet of industrial space, brokers with The Blau & Berg Co. announced Tuesday.

Residential & Mixed Use
New 10-unit luxury rental building in Westfield fetches $4.8 million, Kislak says

A private investor has purchased a 10-unit luxury apartment building in downtown Westfield for $4.8 million, in a newly announced deal by The Kislak Co. Inc.