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

Larken, Dynamic ink 15,000 sq. ft. deal for engineering firm’s third expansion in Chester

Dynamic Engineering Consultants PC is once again expanding in downtown Chester, where it occupies more than 15,000 square feet under a lease with Larken Associates.

Finance & Capital Markets

J.P. Morgan secures $45 million refi of 1.1 million sq. ft. Poconos warehouse, C&W says

An investment group has landed $45 million to refinance a nearly 1.1 million-square-foot industrial building in Pennsylvania’s Poconos region, about 25 miles outside New Jersey, in a deal arranged by Cushman & Wakefield.

Professional Services

Inside CSG Law’s new headquarters, an office built for today and tomorrow

CSG Law has opened its new 120,000-square-foot headquarters in Roseland, in a space aimed at helping the firm compete for talent for decades to come, while meeting the need for mobility and flexibility in the wake of the pandemic.

Industrial

CenterPoint, food company ink 150,000 sq. ft. industrial lease in Carteret, BRC says

A food purveyor has signed a full-building, 150,000-square-foot lease at a Carteret industrial property, in a newly announced deal by Bussel Realty Corp.

Industrial

Newmark Associates: Investor adds 157,000 sq. ft. Readington industrial park for $15.5 million

An investment firm has purchased a 157,000-square-foot industrial park in Readington for nearly $16 million, according to a brokerage team with Newmark Associates CRE.

People

Saxum names new senior development manager after recent promotion

Saxum Real Estate has announced the promotion of Brandon Alviano to senior development manager.

Residential & Mixed Use

Cervelli tapped to manage 316-unit affordable housing portfolio in Hudson, Monmouth counties

The owner of a 10-building, 316-unit affordable housing portfolio in the state has tapped Cervelli Real Estate & Property Management to oversee the assets.

Events

NPLA Conference unveils speaker, entertainment lineup for June event in Atlantic City

The organizer of the nation’s largest private lending conference, slated for mid-June, has unveiled the event’s lineup of networking, education and entertainment.

SJP, Devco reveal plans for 600,000 sq. ft. lab, office project at New Brunswick’s HELIX project

SJP Properties and New Brunswick Development Corp. are joining forces to develop the second piece of the landmark Health + Life Science Exchange in New Brunswick, with plans to offer 600,000 square feet of build-to-suit lab and office space at the mixed-use campus.

Professional Services

NAI DiLeo-Bram & Co. unveils new headquarters in Woodbridge

NAI DiLeo-Bram & Co. has opened the doors to its new office in Woodbridge, marking a new chapter for a multigenerational real estate services firm with deep ties to the state.