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.

Technology
TechUnited taps Onyx Equities’ Schultz as new innovation committee chair

A trade group for technology firms and entrepreneurs in New Jersey has tapped a well-known commercial real estate executive to lead a newly formed innovation committee.

Industrial
Marcus Partners acquires two-building, 194,000 sq. ft. industrial portfolio in Paterson

An investment firm has acquired a two-building, 194,000-square-foot industrial portfolio in Paterson, marking its first foray into the asset class in New Jersey.

Health Care & Education
NAI Hanson: Infusion service moves into New Jersey, leases 1,400 sq. ft. in Paramus

An infusion therapy service is expanding to New Jersey with a newly completed lease in Paramus, in a transaction arranged by NAI James E. Hanson.

Office
Contractor buys Bridgewater office building for $1.1 million, Sheldon Gross says

A contractor has paid more than $1.1 million to acquire a 7,500-square-foot building in Bridgewater, under a newly announced deal by Sheldon Gross Realty.

Industrial
Crow Holdings, partners launch construction at 1.2 million sq. ft. logistics park at Exit 8

A development group has started construction at the site of a planned two-building, 1.22 million-square-foot industrial campus near Exit 8 of the New Jersey Turnpike.

People
Tulfra names new senior development, asset managers after recent promotions

Tulfra Real Estate has announced the promotion of two longtime employees.

Retail
Pierson Commercial touts retail lease-up of historic building in downtown Montclair

A leasing team has filled the retail space at a 35,000-square-foot building in downtown Montclair, following efforts to update and reposition the historic property.

Office
Accounting, consulting practice takes 15,500 sq. ft. in Marlton, WCRE says

An accounting and consulting firm has leased more than 15,000 square feet at a Burlington County office building, under a deal arranged by Wolf Commercial Real Estate.

Office
Jersey City: Columbia unveils first phase of upgrades at 680,000 sq. ft. office tower

Columbia Property Trust has completed the first piece of a plan to overhaul its 680,000-square-foot office building in the heart of downtown Jersey City.

Finance & Capital Markets
JLL seeking buyer for ex-Sears store in Mercer County, touting redevelopment potential

The site of a vacant Sears building in Lawrence Township is on the market for sale, providing a redevelopment opportunity alongside a mall on Route 1.