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.

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.

Office
Sanzari inks 3,100 sq. ft. renewal in Elmwood Park with logistics, product support firm

A logistics and product support firm is staying in place at an Elmwood Park office building after a lease renewal with Alfred Sanzari Enterprises, the landlord announced Tuesday.

Office
JLL: Six-building, 517,000 sq. ft. office park near Princeton on the market for sale

A six-building office park outside Princeton is on the market for sale, offering more than 500,000 square feet with value-add potential in one of the state’s top submarkets.

Residential & Mixed Use
Woodmont launches leasing at 120-unit rental property in Warren County

Woodmont Properties has launched leasing for the first phase of what will be 120 new upscale apartments in the Warren County township of Independence.