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
JRM unveils newly delivered, 24,000 sq. ft. headquarters for client in Woodland Park

JRM Construction Management has completed the build-out of a client’s new 24,000-square-foot headquarters space in Woodland Park.

Office
Meal delivery service for seniors buys Westfield commercial building, Sheldon Gross says

A meal delivery business has acquired a 1,500-square-foot commercial building in Westfield for $650,000, in a newly announced deal by Sheldon Gross Realty.

Deals
Kislak inks sale of 4.8-acre development site in Medford

A would-be developer has purchased nearly five acres in Burlington County for $475,000, in a newly announced deal by Kislak Commercial Real Estate Services Inc.

Retail
Escape room takes 2,300 sq. ft. in Toms River, bringing shopping center to full occupancy

A shopping center in Toms River is fully leased after a recent 2,325-square-foot commitment by an escape room operator, according to brokers with Florham Realty.

Health Care & Education
Speech, language therapy business takes space at Eastampton apartment building

A speech and language therapy practice has signed a lease at the base of an apartment building in Burlington County, according to a broker with Vantage Commercial.

Residential & Mixed Use
Construction begins on new 125-unit Princeton apartment project, WinnCompanies says

WinnCompanies has broken ground on a $63 million project that will bring 125 luxury apartments to Princeton, with plans to expand a nearby park as part of the development.

Industrial
Petrucci, Solar Landscape energize new rooftop solar panels at Monroe industrial building

A new rooftop solar panel system at a Monroe industrial building is up and running, under a project by landlord J.G. Petrucci Co. Inc. and installer Solar Landscape.

Finance & Capital Markets
G.S. Wilcox sources $20 million construction loan for East Brunswick warehouse project

A developer has obtained a nearly $20 million construction loan for a roughly 147,000-square-foot industrial building in East Brunswick, in a deal arranged by G.S. Wilcox & Co.

Industrial
NAI Hanson: Marketing agency, moving from Fairfield, takes 22,000 sq. ft. in Mountain Lakes

A printing and marketing firm has leased more than 22,000 square feet of industrial space in Mountain Lakes, brokers with NAI James E. Hanson announced Thursday.

People
Larken promotes Dorell to director of design

Larken Associates has promoted Jillian Dorell to director of design, touting her role in several of the commercial real estate firm’s recent development projects.