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
Investor adds triple-net-leased Wawa property in Camden County, WCRE says

An investor has purchased the site of a triple-net-leased Wawa store in the Camden County township of Voorhees, under a recent deal by Wolf Commercial Real Estate.

Residential & Mixed Use
Developer lands $10 million construction loan for 44-unit Jersey City rental project

The developer of 44 new luxury apartments in Jersey City’s West Side neighborhood has secured nearly $10 million in construction financing, brokers with JLL announced.

Finance & Capital Markets
Sanzari refis two Glenpointe office buildings for $32 million, JLL says

Alfred Sanzari Enterprises Inc. has secured $32 million to refinance two pieces of its flagship Glenpointe campus in Teaneck, in a newly announced deal by JLL.

Office
Fully occupied, 19,000 sq. ft. Parsippany office building trades for $4.4 million

Colliers has facilitated the sale of a 19,298-square-foot boutique office building in Parsippany for $4.4 million to a private New Jersey-based investor.

Office
Joint venture buys 66,000 sq. ft. medical office building in Hackettstown

A joint venture has purchased a nearly 66,000-square-foot medical office building in Hackettstown, according to JLL’s New Jersey capital markets team.

Retail
Larken Associates renews lease with new owners of The Goddard School in Branchburg

Larken Associates has negotiated a lease to keep The Goddard School at its Branchburg Commons campus in Branchburg.

Office
Habitat for Humanity South-Central New Jersey takes 5,000 sq. ft. in Moorestown

The owner of a Burlington County office building has welcomed Habitat for Humanity as one of its newest tenants, brokers with Vantage Commercial announced.

Office
In-home care provider leases 2,400 sq. ft. in Summit, NAI Hanson says

A growing provider of in-home care has taken more than 2,400 square feet of office space in downtown Summit, brokers with NAI James E. Hanson said Wednesday.

Industrial
Blau & Berg: Developer eyes 750,000 sq. ft. logistics park after assembling Woodbridge site

A developer has assembled some 38 acres in Woodbridge that could house nearly 750,000 square feet of new industrial space, following a series of deals by The Blau & Berg Co.

Office
Tech firm’s 7,500 sq. ft. lease in Hoboken among new deals by Equity Real Estate Brokerage

A technology firm has leased 7,500 square feet of office and research space in downtown Hoboken, in one of several newly announced deals by Equity Real Estate Brokerage LLC.