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.

Retail
Owner of 700,000 sq. ft. shopping center, net-leased portfolio taps LMC for new assignment

Levin Management Corp. has secured a new assignment to oversee a sprawling portfolio of shopping centers and net-leased property in and around New Jersey.

Professional Services
J.G. Petrucci construction affiliate Iron Hill announces three promotions

The construction affiliate of J.G. Petrucci Co. Inc. has announced the promotion of three longtime employees.

Office
Larken Associates, optometrist sign 1,200 sq. ft. lease in Raritan Borough

An optometry practice has found a new home in Somerset County after signing a nearly 1,200-square-foot lease with Larken Associates.

Industrial
Seagis acquires 159,000 sq. ft. Middlesex County warehouse for $24 million

Seagis Property Group LP has acquired a nearly 160,000-square-foot industrial building in Metuchen, with plans to upgrade the property with a multimillion-dollar investment.

Top News
Somerset Development unveils new ‘Inspired’ brand to reflect transformative projects

Somerset Development has rebranded as part of a move to highlight its growing list of projects that have repurposed and reinvented properties in New Jersey and other markets.

Industrial
Logistics firm expands to New Jersey with 57,000 sq. ft. Meadowlands lease

A logistics firm is coming to New Jersey after leasing more than 57,000 square feet of industrial space in East Rutherford, brokers with NAI James E. Hanson announced Tuesday.

Technology
Denholtz, VTS Rise partner to launch new tenant experience app

Denholtz Properties is unveiling a new mobile app for tenant engagement across its office portfolio, under a newly announced partnership with a leading technology company.

Retail
AFC signs three leases in New Jersey, amid flurry of moves by urgent care tenants

AFC Urgent Care is expanding in New Jersey after signing three leases totaling more than 9,000 square feet, in a series of newly announced transactions by The Goldstein Group.

Industrial
Manufacturers returning to Pennsauken complex after leasing 376,000 sq. ft.

The owner of a repurposed former aluminum plant in Pennsauken has leased nearly 380,000 square feet at the site, in a set of deals that will bring a familiar use to the property.

Residential & Mixed Use
Kislak inks $14 million sale of four-county, 121-unit affordable housing portfolio

An apartment owner has sold a 121-unit portfolio of income-restricted homes in northern and central New Jersey, in a series of deals arranged by The Kislak Co. Inc.