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
Women’s health provider coming to Glenpointe after 2,700 sq. ft. lease with Sanzari

Alfred Sanzari Enterprises has inked a lease with Axia Women’s Health for 2,724 square feet of medical office space at the company’s Glenpointe campus in Teaneck.

Residential & Mixed Use
Larken Associates names new regional property manager for New Jersey portfolio

Larken Associates has hired Jasmin Robertson as a regional property manager for New Jersey.

Retail
Sale of 30,000 sq. ft. Willingboro retail center among newest deals by Jeffery Realty

A private investor has acquired a 30,000-square-foot shopping center in the Burlington County township of Willingboro, in one of several recent transactions by Jeffery Realty.

Industrial
Construction underway at 1.2 million sq. ft. Crow Holdings industrial park in Carteret

A new three-building, 1.2 million-square-foot logistics park is quickly taking shape in Carteret, helping to revitalize a site that had been plagued by decades of contamination.

Office
SJP, Siemens detail 66,000 sq. ft. lease at new-look Metropark office building

Siemens has joined the tenant roster at a newly updated office building in Woodbridge, where it’s taking more than 65,000 square feet under a recent lease with SJP Properties.

Industrial
C&W: Penwood, Metrix sell 171,000 sq. ft. Hamilton warehouse after redevelopment

A joint venture has sold more than 170,000 square feet of newly built industrial space along Route 130 in Hamilton, brokers with Cushman & Wakefield announced Tuesday.

Residential & Mixed Use
Gebroe-Hammer inks $14.5 million sale of Summit apartments, completing 1031 exchange

A private investor has sold a 53-unit garden apartment complex in Summit for $14.5 million, in a newly announced transaction by Gebroe-Hammer Associates.

Top News
Walker & Dunlop joins Rutgers Center for Real Estate as corporate sponsor

The Rutgers Center for Real Estate has announced Walker & Dunlop as its newest corporate sponsor, bringing additional support, mentorship and training opportunities to students of the nearly decade-old program.

Office
Bergman taps BetterSpaces for wellness, engagement programs at New Jersey office buildings

Bergman Real Estate Group has partnered with a tenant wellness and engagement platform in a move aimed at boosting the appeal of several of its New Jersey office buildings.

Residential & Mixed Use
Irvington apartments sold for first time in 40 years, trading for $4.2 million, Marcus says

The longtime owner of a 33-unit apartment building in Irvington has sold the property for more than $4 million, in a newly announced deal by Marcus & Millichap.