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
Hilco inks 845,000 sq. ft. lease in Hamilton, filling second piece of new logistics park

A developer has leased more than 845,000 square feet at a new industrial park in Hamilton, securing a tenant for the final piece of the project near the Trenton border.

Top News
Wentworth among nominees for New Jersey Hall of Fame 2023 public vote

Real estate magnate and philanthropist Finn Wentworth is among 50 nominees for this year’s New Jersey Hall of Fame public vote, joining a high-profile list of famous artists, business leaders and other public figures with ties to the Garden State.

Health Care & Education
DIGroup tapped to plan, design 75,000 sq. ft. cannabis grow facility in Bridgeton

A cannabis manufacturer and cultivator has tapped DIGroup Architecture to plan and design a new 75,000-square-foot facility in Bridgeton.

Residential & Mixed Use
Walters announces promotion, creation of new marketing director position for multifamily unit

Walters, the Barnegat-based housing developer, has promoted Jill Del Duca to the newly formed position of marketing director for its apartments division.

Office
Counseling practice takes 2,200 sq. ft. in Pennington, CPN says

A counseling practice has leased nearly 2,200 square feet of office space in the Mercer County borough of Pennington, in a deal arranged by Commercial Property Network Inc.

Office
SJP completes buildout of global biopharma firm’s new 25,000 sq. ft. office in Metropark

A biopharmaceutical firm has moved into its new 25,000-square-foot office space in Woodbridge, following a build-out by SJP Properties’ third-party construction arm.

Residential & Mixed Use
Iron Ore, AMJ unveil 120-unit luxury rental project at Plainfield’s Netherwood Station

Iron Ore Properties has taken the wraps off a new 120-unit apartment building in Plainfield, where residents are steps from both NJ Transit rail service and one of the city’s largest parks.

Industrial
CBRE: Prologis, warehousing firm sign 115,000 sq. ft. lease in Secaucus

Prologis Inc. has brought a new tenant to a Secaucus industrial building, securing a 115,000-square-foot lease with a third-party warehousing and logistics firm.

Industrial
Medical equipment firm takes 33,000 sq. ft. at Allendale flex park, NAI Hanson says

A medical equipment supplier has leased nearly 33,000 square feet of industrial flex space in Bergen County, in a deal arranged by NAI James E. Hanson.

Retail
Zoltek marketing restaurant, co-working space at new-look bank building in Rahway

The owner of a historic bank building in downtown Rahway has tapped Zoltek Commercial Real Estate Services as its leasing agent, seeking a restaurant to fill a ground-floor retail space at the repurposed property.