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
Growing fitness chain takes 3,200 sq. ft. on Route 70 in Marlton, BRC says

A fitness and conditioning studio has leased 3,200 square feet of highway retail space in the Marlton section of Evesham Township, brokers with Bussel Realty Corp. announced Monday.

Office
Newmark Associates named leasing team for 129,000 sq. ft. West Orange office building

The owner of a more than 129,000-square-foot office building in West Orange has tapped Newmark Associates CRE as its leasing team, the real estate services firm announced last week.

Retail
Goldstein Group: Electronics Expo opens in recently acquired, renovated store in Paramus

A new Electronics Expo has opened in Paramus, occupying a freestanding building that its owners acquired last year in a deal brokered by The Goldstein Group and NIA National Realty.

Office
Signature inks long-term, 131,000 sq. ft. lease extension for Quest headquarters in Secaucus

Quest Diagnostics has extended its 131,000-square-foot lease at a Secaucus office building, in the largest of several first-quarter deals by landlord Signature Acquisitions.

Residential & Mixed Use
Kislak lists 50-unit apartment building in Paterson’s Eastside Park neighborhood

The longtime owner of a 50-unit apartment building in Paterson is seeking a buyer for the property, according to a listing team with The Kislak Co. Inc.

Food & Beverage
Boschetto, beloved ‘fine fast-casual’ spot in Montclair, coming to The Park in Berkeley Heights

A popular restaurant in Montclair is expanding to The Park in Berkeley Heights, where it joins a distinctive and growing food and beverage lineup assembled by The Connell. Co.

Office
Investor adds 36,000 sq. ft. office building in Moorestown business district, WCRE says

An investor has acquired a more than 36,000-square-foot office building in Moorestown, in a newly announced deal by Wolf Commercial Real Estate.

Office
RCS, Lamar Cos. buy 368,000 sq. ft. Jersey City office building in deal brokered by C&W

30 Montgomery St. in Jersey City — Courtesy: Real Capital Solutions/Lamar Cos. By Joshua Burd A joint venture has planted a flag in Jersey City with its acquisition of a well-known 16-story office building in the waterfront Exchange Place district.…

Industrial
Velocity, sustainable packaging firm ink 155,000 sq. ft. deal to fill historic Pennsauken building

Velocity Venture Partners has all but leased up a major industrial building in Pennsauken after securing a 155,000-square-foot deal with a maker of sustainable shipping products.

Education
NJIT opens 25,000 sq. ft. translational research center at NEST campus in Kenilworth

New Jersey Institute of Technology has officially launched a new research hub at the Northeast Science and Technology Center in Kenilworth, where it’s leasing 25,000 square feet from a joint venture that’s repositioning the former Merck & Co. campus.