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
Newmark named leasing agent at Newark’s 80 Park Plaza

An ownership group has tapped Newmark as its leasing agent at a well-known, 973,000-square-foot office building in downtown Newark.

Residential & Mixed Use
JLL: Buyer wanted for 632-unit luxury rental property near Princeton

A collection of more than 630 apartments just outside Princeton is on the market for sale, with the potential to command offers around $200 million.

Office
Birch Group buys Princeton-area office buildings for $47 million, expanding portfolio

An investment firm has added to its collection of high-end suburban office buildings in New Jersey, acquiring a two-building, 213,000-square-foot portfolio in the Princeton submarket.

Finance & Capital Markets
Jersey City apartment owner secures $43 million bridge loan, JLL says

The owner of a newly completed, 104-unit luxury apartment building in Jersey City has secured a $43 million bridge loan, under a transaction arranged by JLL.

Office
Lighting, medical tech companies lease 47,000 sq. ft. at Bridgewater campus

A lighting company has leased nearly 29,000 square feet at a Bridgewater office campus, in the larger of two newly announced transactions by Avison Young.

Retail
Goldstein Group inks sales of retail sites in Paramus, Eatontown

Columbia Bank has shed a nearly 1,800-square-foot former bank branch in Paramus, according to a brokerage team with The Goldstein Group.

Industrial
Woodmont sells new 101,000 sq. ft. industrial building in Woodbridge

An affiliate of Woodmont Properties has sold a newly built, fully leased industrial property in Woodbridge to a buyer that has also become one of its newest joint venture partners.

Office
Dartcor, longtime leader in corporate dining, will play key role in return-to-work plans

Based in Morris County, Dartcor offers high-end cafeteria menus, grab-and-go markets, pantries and coffee options for office buildings in the region. And, with a return to work on the horizon for many businesses, its services could be as important as ever.

Industrial
Tulfra secures 3,300 sq. ft. lease expansion at Whippany flex property

Tulfra Real Estate has completed a new lease expansion with a tenant at a 57,000-square-foot commercial property in Morris County, the firm announced Friday.

Retail
Barber shop leases 1,800 sq. ft. in Cherry Hill, Vantage Commercial says

A men’s barbershop is joining the tenant roster at a Cherry Hill retail center, in a transaction arranged by brokers with Vantage Commercial.