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
LCOR launches leasing for planned 700,000 sq. ft. office building at Hoboken Connect

LCOR has launched its leasing campaign for what will be more than 700,000 square feet of waterfront office space in Hoboken, part of the mixed-use development that’s slated to transform the blocks around the city’s iconic transit terminal.

Industrial
Developers sell newly built 294,000 sq. ft. industrial building in Livingston, C&W says

A joint venture has sold nearly 300,000 square feet of newly built industrial space in Livingston, following the redevelopment of a vacant office building.

Industrial
Devli completes four-acre assemblage in Meadowlands after three industrial deals

Devli Real Estate has completed its acquisition of three neighboring industrial properties in Carlstadt, assembling four acres in the Meadowlands as it continues to build its portfolio.

Residential & Mixed Use
Gebroe-Hammer tapped to sell 90-unit garden apartment complex in downtown Elizabeth

The owner of a two-building, 90-unit garden apartment complex in Elizabeth has retained Gebroe-Hammer Associates to market the property for sale.

Health Care & Education
Fennelly: Children’s speech therapist takes 4,000 sq. ft. in Monroe

A pediatric therapy practice has leased more than 4,000 square feet of medical office space in Monroe, in a newly announced deal by Fennelly Associates.

Residential & Mixed Use
Kaplan scores 12 ‘FAME’ awards at annual Shore Builders program

Kaplan Cos. is touting another strong showing at an annual homebuilding event, where it grabbed a record 12 awards for its successful leasing and marketing programs.

Office
Denholtz, UBS ink 21,000 sq. ft. lease for new-look office building in Red Bank

Denholtz Properties has secured a tenant for a soon-to-be-renovated office building in downtown Red Bank, leasing nearly 21,000 square feet to UBS Financial Services Inc.

Residential & Mixed Use
AMS eyes 100-unit senior housing project after acquiring Route 9 development site

AMS Acquisitions has broken ground on a project that will bring a new 100-unit, age-restricted apartment complex to a stretch of Route 9 in Monmouth County.

Retail
Marcus closes sale of Route 130 retail property in North Brunswick for $4.5 million

A private investor has sold a nearly 22,000-square-foot highway retail property in North Brunswick for $4.45 million, brokers with Marcus & Millichap said Tuesday.

Industrial
Two-building, 75,000 sq. ft. industrial portfolio in Clark trades for $11 million, Zimmel says

Affiliates of Denholtz Properties have sold more than 75,000 square feet of flex industrial space in Clark, under a deal arranged by Zimmel Associates.