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
NAI Hanson: New Jersey Fire Equipment buys Hackensack industrial building for $1.48 million

A supplier of firefighting equipment is moving to Hackensack after buying a 6,000-square-foot industrial building just off Interstate 80, according to brokers with NAI James E. Hanson.

Office
Larken debuts capital improvements at 67,000 sq. ft. Flemington office building

Larken Associates has completed a major update of more than 67,000 square feet of office space across from Hunterdon Medical Center in Flemington, the firm announced Wednesday.

Residential & Mixed Use
Kokes delivers 64-unit rental building in Riverside to complete multiphase development a decade in the making

Kokes Properties has unveiled the final piece of a major redevelopment in Riverside, revitalizing a once-vacant factory site with a combined 190 apartments and townhome-style rentals.

Industrial
Frassetto family, partners sell 126,000 sq. ft. industrial, office building in Dover to logistics firm

A team led by Legacy Real Estate Developers has sold the former Casio America headquarters building in Dover, completing a plan that repositioned more than 126,000 square feet of industrial and office space in less than nine months.

Professional Services
JLL welcomes Strickland as senior vice president, New Jersey workplace strategy lead

Melissa Strickland, a well-known design professional in New Jersey, has joined JLL as a senior vice president and head of its workplace strategy team in the region.

Industrial
Zimmel: Developer eyes late 2026 completion for 45,000 sq. ft. spec industrial project at 7A

A facility that will bring more than 45,000 square feet of new industrial space to Robbinsville is taking shape and drawing interest ahead of its expected completion later this year.

Retail
Owner of Staten Island shopping center taps LMC for management, leasing services

Levin Management Corp. has expanded its presence in and around New York City with a new assignment at a 154,000-square-foot retail property in Staten Island.

Community
Walters presents annual scholarships to four Ocean County high school seniors

Walters has awarded a combined $8,000 in scholarships to four graduating seniors from Ocean County, continuing a long-running program by the Barnegat-based developer.

Finance & Capital Markets
Signature lands $60 million Deutsche Bank loan to refi Secaucus office building

Signature Acquisitions has secured a $60 million loan to refinance a 465,000-square-foot office building in Secaucus, where it recently extended the lease of a prominent anchor tenant.

Retail
RIPCO: Investor grabs 70,000 sq. ft. AMC-anchored retail center on Route 10 for $13.8 million

An investor has purchased a 70,000-square-foot shopping center in East Hanover for nearly $13.8 million, in a newly announced deal by RIPCO Real Estate.