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.

Industrial
Joint venture acquires 10-acre industrial outdoor storage property in Sayreville

Brennan Investment Group, Global Gate Capital and Ridgecut Road have acquired a 10-acre industrial outdoor storage property in Sayreville, the joint venture announced Monday.

Industrial
Petrucci breaks ground on Vineland cold storage facility, having built in 100+ municipalities

J.G. Petrucci Co. Inc. has broken ground on nearly 260,000 square feet of cold storage space in Vineland, in a project that marks a major milestone for the company.

Deals
Two-building, 16,000 sq. ft. commercial portfolio in Dumont sold for $2.6 million, Equity says

A business owner in Dumont has sold two commercial buildings totaling more than 16,000 square feet, in a newly announced deal by Equity Real Estate Brokerage LLC.

Health Care & Education
Hunterdon Healthcare takes 6,200 sq. ft. at Larken-owned office complex in Warren County

Larken Associates has completed another lease with Hunterdon Healthcare, providing it with more than 6,000 square feet at a Warren County office complex.

Retail
Atkins, Woodmont ink 2,000 sq. ft. deal to bring Pilates studio to Washington Township

A fitness franchise has joined the tenant roster at Washington Square Town Center, a 35-acre mixed-use development in Gloucester County’s Washington Township.

Office
Ware Malcomb touts completion of redesigned common spaces, upgrades at Parsippany campus

Design firm Ware Malcomb is detailing its renovation and rebrand of two office buildings in Parsippany, where it worked on behalf of Onyx Equities.

Residential & Mixed Use
Grid: Developer buys West New York parcel, eyeing 133-unit waterfront rental tower

A developer has closed on a parcel in northern Hudson County where it plans to build a 133-unit apartment tower with views of Manhattan, brokers with Grid Real Estate LLC announced.

Office
Developers reveal new office, retail space at former Montclair warehouse property

A joint venture has unveiled 20,000 square feet of new high-end office and retail space in Montclair after completing its adaptive reuse of a former self-storage warehouse.

Industrial
New Jersey’s first high-end electric truck charging lot coming to Newark

The owner of what will be an electric truck charging lot in Newark has tapped Cushman & Wakefield as its leasing agent, in what brokers describe as a first for the New Jersey market.

Retail
Bagel shop expands to Woodbridge with 2,100 sq. ft. lease, Azarian says

A bagel shop has opened its doors at a Woodbridge shopping center after a recent lease for nearly 2,100 square feet, in a deal arranged by Azarian Realty Co.