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
Wharton Industrial, institutional partner buy 190,000 sq. ft. Pennsauken warehouse

Wharton Industrial has acquired a nearly 190,000-square-foot warehouse in Camden County, in one of two newly announced deals by the real estate investment firm.

Retail
Marcus inks $9.25 million sale of 41,000 sq. ft. Toms River retail property

A personal trust has sold a nearly 41,000-square-foot retail property in Toms River for $9.25 million, in a newly announced deal by Marcus & Millichap.

Retail
LMC: Optimism reigns (but inflation looms) ahead of holiday shopping season

Retailers in and around New Jersey were largely optimistic ahead of a critical holiday shopping season, while still grappling with concerns about inflation and other economic pressures.

Industrial
Uniform maker buys 207,000 sq. ft. Hillside industrial building for $30 million, Zimmel says

A uniform company has purchased a 207,000-square-foot industrial building in Hillside for $30 million, in a newly announced deal by Zimmel Associates.

Office
Marcus: Saxum inks $10.7 million sale of 24,000 sq. ft. Red Bank office building

A private investor has acquired a nearly 25,000-square-foot office property in downtown Red Bank for $10.7 million, brokers with Marcus & Millichap said Tuesday.

Industrial
Kokes adds to self-storage portfolio, unveils new ground-up project in Ocean County

Kokes Properties has completed a new 45,000-square-foot self-storage facility in the Whiting section of Manchester Township, the firm announced Tuesday.

Retail
Developer eyes debut of new retail center at ex-Colgate site in Morris Twp., Jeffery says

A developer is nearing completion of a new 140,000-square-foot retail and dining property in Morris Township that will be home to some two dozen tenants.

Office
CentralReach, with all-remote workforce, opens new 25,000 sq. ft. meeting hub at Bell Works

A software firm has opened its new office at the acclaimed Bell Works campus in Holmdel, where it has taken 25,000 square feet despite having a fully remote workforce.

Residential & Mixed Use
Atlantic City: Blatstein pitches $3 billion housing, commercial project at Bader Field site

Bart Blatstein, the owner of the Showboat Atlantic City, is pitching a new $3 billion plan that would bring 10,000 residential units, 400,000 square feet of commercial space and vast stretches of open space to the long-vacant Bader Field site in the city.

Residential & Mixed Use
Denholtz, Redwood eye start of construction for 143-unit Bound Brook rental project

Denholtz Properties and Redwood Real Estate Group are set to break ground on a new 143-unit luxury apartment building in downtown Bound Brook, the firms announced Monday.