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
AT&T leases 230,000 sq. ft. in Bedminster, plans move from iconic office campus

AT&T has signed a new lease at a 230,000-square-foot office property in Bedminster, reportedly with plans to relocate employees from its massive campus in township.

Office
Saxum sells repositioned Montclair office building for $4.4 million

Saxum Real Estate has sold a boutique office building in downtown Montclair for $4.4 million, in a recently completed deal by Marcus & Millichap.

Residential & Mixed Use
FirstService Residential names business development director for New Jersey, New York

FirstService Residential has hired a new business development director for the New Jersey and New York market, the property management company announced Tuesday.

Industrial
Servpro franchise renews for 8,400 sq. ft. in Mountainside, NAI Hanson says

NAI James E. Hanson has negotiated a renewal for 8,350 square feet of industrial space in Mountainside, the home of a local Servpro franchise.

Health Care & Education
Larken Associates inks expansion for pediatric dental office near Princeton

A child dental practice has expanded its footprint at a Montgomery office park as part of a recent lease with Larken Associates.

Residential & Mixed Use
Albanese closes $70 million land deal in Jersey City, eyes 670-unit apartment tower

A developer has acquired nearly two acres in Jersey City with plans to build 670 luxury apartments on the property, in a recently completed deal by Grid Real Estate.

Office
Veris Residential to sell flagship Harborside office buildings in Jersey City for $420 million

Veris Residential Inc. has agreed to sell its iconic Harborside 1, 2 and 3 buildings in Jersey City for $420 million, in a deal that all but completes its exit from traditional commercial assets.

Industrial
Dermody taps former Duke Realty exec as senior VP for development in east region

Dermody Properties has named a new senior vice president for development in its east region office, the industrial real estate builder and investment firm announced Monday.

Office
Sanzari debuts high-end, 3,400 sq. ft. dining hall concept at Glenpointe campus

Alfred Sanzari Enterprises has unveiled a new 3,350-square-foot, upscale dining hall at its Glenpointe campus in Teaneck, marking the latest addition to its flagship office property.

Retail
Craft brewery, tasting room set to open new 12,000 sq. ft. location at Fort Monmouth

A craft brewery is set to open its doors at Fort Monmouth after recently leasing space at a repurposed commissary building, according to a brokerage team with Pierson Commercial.