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.

Industrial
Printing, marketing firm joins growing list of tenants at STRO warehouse in Hackensack

The STRO Cos. has secured another tenant at a Hackensack industrial building after inking a 12,000-square-foot lease with a printing and marketing company.

Health Care & Education
Medical office buildings in South Jersey, Pennsylvania trade in $22 million sale-leaseback

A real estate investment trust has acquired a medical office portfolio in southern New Jersey and Pennsylvania’s Montgomery County, in a newly announced deal by Avison Young.

Office
National Integrity Title Agency opens satellite office in Northfield

National Integrity Title Agency has opened a satellite office in Northfield, aiming to provide a base for servicing homeowners and realtors from the Jersey Shore region.

Health Care & Education
Podiatrist takes 1,600 sq. ft. at Lodi medical office building, NAI Hanson says

A podiatry practice has leased 1,608 square feet of medical office space in Lodi, brokers with NAI James E. Hanson announced Monday.

Office
Prism sells flagship ON3 office tower for $132 million, in deal with Cantor affiliate

Prism Capital Partners has sold the flagship office building at its ON3 campus, fetching more than $130 million for the fully leased, 300,000-square-foot tower in Nutley.

Retail
Onyx taps Uncle Willie’s Wings to fill last restaurant space at revamped Gateway

A Newark restaurateur and U.S. Army veteran is expanding to the city’s Gateway Center, becoming the 10th new operator to join a new-look retail and dining concourse at the complex.

Residential & Mixed Use
Kislak inks sale of 43-unit North Arlington rental portfolio for $8.4 million

A portfolio of 43 apartments and commercial space in North Arlington has changed hands for the first time in more than a century, according to brokers with The Kislak Co. Inc.

Industrial
Terreno expands Port Newark portfolio with 2.5-acre industrial parcel, Blau & Berg says

Terreno Realty LLC has purchased more than two acres of industrial property in Newark’s port district, in a newly announced transaction by The Blau & Berg Co.

Industrial
WP Properties leases 48,000 sq. ft. to backfill two Dover industrial spaces

WP Properties has backfilled a pair of neighboring industrial spaces in Dover, the firm announced, in leases that total 48,000 square feet.

Office
WCRE: Cherry Hill office complex slated for redevelopment after sale

The new owner of two office buildings in Cherry Hill is planning to add retail space after closing on its acquisition of the property, according to a broker with Wolf Commercial Real Estate.