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.

Deals
Kislak: Investor buys 15,000 sq. ft. medical, retail property in Flemington for $4.8 million

A private investor has purchased more than 15,000 square feet of medical office and retail space in Flemington for some $4.8 million, according to a listing team with The Kislak Co. Inc.

Professional Services
Cooper Levenson named legal counsel for massive Bader Field redevelopment in Atlantic City

A developer is advancing plans to redevelop Atlantic City’s Bader Field, tapping Cooper Levenson as its legal counsel for what it says will be a mixed-use destination for motorsports.

Industrial
WCRE: Tenant becomes owner after buying 18,000 sq. ft. Moorestown industrial building

The tenant of an 18,000-square-foot industrial building in Moorestown has purchased the newly constructed property, in a deal arranged by Wolf Commercial Real Estate.

Residential & Mixed Use
Developer seeking buyer for new 298-unit high-end rental property in Weehawken, JLL says

The owner of a new luxury apartment community in Weehawken’s acclaimed Port Imperial district has listed the property for sale, according to a brokerage team with JLL.

People
Accordia’s Gordon, Huelbig earn promotions as firm eyes continued growth

Accordia has promoted Alexa Gordon and Michael Huelbig, touting their contributions and evolving roles as the Fairfield-based firm expands its platform.

Health Care
CBRE: Teen treatment facility takes 4,100 sq. ft. in Livingston medical office deal

The owner of a boutique medical office building in Livingston has leased up the property after securing a deal with a mental health and substance abuse treatment facility for teens.

Office
Vantage Commercial inks sale of medical office building in Cape May Court House

A private investor has purchased a fully leased medical office building in Cape May Court House, in a newly announced deal by Vantage Commercial.

Industrial
Self-storage firm eyes new facility in North Bergen after buying vacant movie theater

A vacant movie theater in North Bergen is set to become a self-storage facility after the sale of the property by Madison International Realty, brokers with JLL announced Thursday.

Residential & Mixed Use
Paramus tract slated for 162-unit luxury senior housing project sells for $9.25 million

A developer has acquired nearly 10 acres in Paramus with approvals in place for 162 age-restricted apartments, according to a brokerage team with Hudson Atlantic Realty.

Residential & Mixed Use
Veerman inks $6.35 million sale of historic but renovated 22-unit rental building in Boonton

A historic 22-unit apartment building in Boonton has changed hands for nearly $6.4 million, in a transaction arranged by Veerman Asset Management.