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
Lender, staffing firm take space at Harmon Meadow office building, NAI Hanson says

The owner of a nearly 47,000-square-foot office building in Secaucus has inked two new leases at the property, in a set of newly announced deals by NAI James E. Hanson.

Office
Signature Acquisitions taps Newmark as leasing agent for two Parsippany office buildings

Signature Acquisitions has hired Newmark to spearhead leasing at two office buildings along Interstate 287 in Parsippany, the firms announced Tuesday.

Photos
Sanzari named finalist in annual New Jersey Family Business of the Year Awards

Alfred Sanzari Enterprises and other top family-owned firms in New Jersey took center stage last month as part of an annual program hosted by Fairleigh Dickinson University.

Retail
Prism inks deals with Blue Foundry, Kessler as first retail tenants at Dunellen project

Prism Capital Partners has secured its first two retail tenants at a new mixed-use development in the Middlesex County borough of Dunellen.

Residential & Mixed Use
Developers join Murphy, Oliver to launch $500 million redevelopment in East Orange

An investment group has broken ground on what’s billed as a $500 million development project in East Orange, where plans call for 820 mixed-income apartments and more than 200,000 square feet of commercial space anchored by a new supermarket.

Residential & Mixed Use
Investors reap $30 million from sale of 89-unit Marlboro senior housing property

A joint venture has sold an 89-unit, age-restricted apartment complex in Monmouth County for nearly $30 million, in a newly announced deal by JLL.

Office
C&W: Chopp sells 123,000 sq. ft. office, medical campus in Wayne for $22 million

Chopp Holdings has sold a nearly 123,000-square-foot commercial and medical office campus in Wayne for $22.25 million, brokers with Cushman & Wakefield announced Monday.

Finance & Capital Markets
New Vernon Equities lands $15 million loan for new 76,000 sq. ft. East Hanover facility

The developer of a nearly 76,000-square-foot industrial building in East Hanover has secured $15 million in permanent financing, according to a debt placement team with JLL.

Residential & Mixed Use
Blue Onyx adds senior vice president of development, acquisitions

Commercial real estate firm Blue Onyx Cos. has named a new senior vice president of development and acquisitions, tapping a veteran industry executive for the post.

Office
Bell Works team inks six new office leases, five renewals at Holmdel property

Six companies have signed new leases for office space at Bell Works, while another five tenants have renewed or expanded at the sprawling campus in Holmdel.