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
McKinsey plans move to Newark, eyeing new home for hundreds of New Jersey employees

Global consulting firm McKinsey & Co. has found a new home in New Jersey, in downtown Newark, where it will bring together some 700 employees currently spread across two offices.

People
Woodmont’s Zlotnick to assume EVP role in Florida, as firm promotes Miller to COO

Lewis Zlotnick, Woodmont Properties’ longtime president, is shifting to a new role as executive vice president of the firm’s growing Florida division, in a move that comes alongside a key promotion on its executive team.

Professional Services
Longtime New Jersey land use, redevelopment attorney Mazawey moves to K&L Gates

Prominent land use and real estate attorney Jennifer Mazawey has joined K&L Gates LLP as a partner in the global law firm’s Newark office.

Health Care & Education
Renewals at Belleville medical office campus among newest deals by NAI James. E Hanson

The owner of a medical office complex in Belleville has completed two lease renewals totaling more than 5,000 square feet, according to a team with NAI James. E Hanson.

Residential & Mixed Use
PEEK Properties debuts 138-unit rental property near Orange’s Highland Station

PEEK Properties has launched leasing at a new 138-unit high-end apartment building in one of Orange’s most in-demand residential neighborhoods.

Retail
Macy’s to bring new small-format stores to grocery-anchored centers in Mount Laurel, Ramsey

Macy’s is bringing its highly touted small-format stores to Mount Laurel and Ramsey, marking two of the first New Jersey locations for the concept under a recently announced expansion.

Residential & Mixed Use
Kislak: Three-building, 95-unit garden apartment complex in Belleville fetches $12 million

The longtime owner of a 95-unit garden apartment complex in Belleville has sold the property for nearly $12 million, in a newly announced deal by The Kislak Co. Inc.

Retail
NAIDB inks 3,000 sq. ft. retail lease, $3.4 million industrial sale in Kenilworth

A dance studio has signed a new lease and an industrial building has changed hands, both in Kenilworth, under a set of deals arranged by NAI DiLeo-Bram & Co.

Retail
JLL: Phenix Salon Suites adds three locations in New York metro, including East Brunswick

Phenix Salon Suites has added a 9,000-square-foot location at an East Brunswick shopping center, in one of three newly announced deals by JLL.

Residential & Mixed Use
Walters: New 50-unit Holmdel property nearly complete as affordable housing lottery kicks off

Walters has reached the final phase of construction at what will be Cornerstone at Holmdel, a new income-restricted multifamily property near two of the region’s key highways.