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.

Retail
Developer completes pad site for new Dunkin store in Paramus, NAI Hanson says

A developer has acquired the second piece of a site in Paramus that’s slated to become a new 2,000-square-foot Dunkin’ store, brokers with NAI James E. Hanson announced.

Retail
Larken completes lease to bring national haircare franchise to Hillsborough

Larken Associates has negotiated a lease with Fantastic Sams, a salon franchise with locations throughout North America, at its Amwell Mall property in Hillsborough.

Industrial
Woodmont eyes spring delivery for new 54,000 sq. ft. industrial project in Woodbridge

Woodmont Industrial Partners has broken ground on what will be more than 54,000 square feet of new industrial space in Woodbridge.

Residential & Mixed Use
Jersey City development site slated for 136 apartments sells for $6.5 million

A development site that could house more than 130 luxury apartments has changed hands in Jersey City’s West Side neighborhood, in a deal arranged by B6 Real Estate Advisors.

Office
Colliers: Investor buys 159,000 sq. ft. Florham Park office campus for $13 million

An investment firm has purchased a nearly 160,000-square-foot office campus in Florham Park for $13.26 million, according to a brokerage team with Colliers.

Office
IT consulting firm takes 9,700 sq. ft. at Jersey City office building, C&W says

An IT consulting and talent management firm has leased nearly 9,700 square feet at 10 Exchange Place in Jersey City, brokers with Cushman & Wakefield announced.

Retail
Sanzari, UPS Store franchise ink 1,100 sq. ft. retail lease in Hackensack

A new UPS Store is coming to Alfred Sanzari Enterprises’ Summit Plaza in Hackensack after signing a lease for nearly 1,100 square feet.

Retail
Diversified inks renewal, expansion with nail salon at Summit mixed-use property

The retail space at a mixed-use building in Summit is now fully leased after a renewal and an expansion by a nail salon at the property.

Retail
LMC: Tropical Supermarket takes 16,000 sq. ft. for newest Central Jersey location

A specialty grocer is expanding its footprint in central New Jersey with a nearly 16,000-square-foot lease in South Plainfield, in deal arranged by Levin Management Corp.

Professional Services
Storied architecture firm Kitchen & Associates rebrands as Thriven Design

The award-winning architecture firm long known as Kitchen & Associates is now Thriven Design, under a rebrand unveiled Wednesday by the Collingswood-based practice.