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
Siemens takes 43,000 sq. ft. at Parsippany’s 2 Gatehall, Newmark says

Siemens Corp. has leased more than 43,000 square feet of office space in Parsippany, according to brokers with Newmark, in a deal with Silverman Realty Group Inc.

Office
Owner of e-commerce firm buys 38,000 sq. ft. Edison office building, Zimmel says

An undisclosed e-commerce business has acquired a nearly 38,000-square-foot office building in Edison, in a newly announced deal by Zimmel Associates.

Industrial
Blau & Berg represents buyer, seller in trade of 4.3-acre industrial lot in South Plainfield

The Blau & Berg Co. has completed the sale of more than four acres of outdoor industrial storage space in South Plainfield, less than two miles from Interstate 287.

Industrial
NAI Hanson completes lease for Jersey City industrial lot

A contractor that serves water, waste and energy utilities has leased more than three quarters of an acre in Jersey City, in a newly announced transaction by NAI James E. Hanson.

Residential & Mixed Use
JLL: Parsippany apartments fetch $83 million in deal involving Harbor Group, DSF affiliates

A global investment firm has sold a 212-unit luxury apartment building in Parsippany for more than $80 million, allowing a Boston-based buyer to expand its holdings in the state.

Industrial
Newmark inks final deal in sale of $100 million light industrial portfolio in Somerset, Warren

Newmark has brokered the sale of two buildings in Somerset County with a combined 236,000 square feet, completing the trade of a portfolio valued at more than $100 million.

Finance & Capital Markets
Advance, Greek land $227 million in financing for next phases of Linden, Logan logistics parks

Advance Realty Investors and Greek Development have closed on more than $227 million in financing for their ongoing high-profile industrial developments in Linden and Logan Township.

Professional Services
Attorney with decades of public-, private-sector experience joins CSG real estate team

Chiesa Shahinian & Giantomasi PC has announced a new addition to its real estate, development and land use group.

Professional Services
Dresdner Robin announces four hires for growing environmental team

Land use consultancy Dresdner Robin has added four new environmental scientists to its Jersey City-based team.

Retail
Pizzeria leases 2,100 sq. ft. at Flanders retail center, BRC says

A pizzeria is taking 2,100 square feet at a Mount Olive shopping center, in a newly announced deal by Bussel Realty Corp.