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.

Health Care & Education
Vantage inks 2,000 sq. ft. lease in Voorhees for addiction, mental health service provider

A provider of addiction treatment and mental health services has leased 2,000 square feet of medical office space in Voorhees, brokers with Vantage Commercial said Thursday.

Residential & Mixed Use
JLL: Buyer wanted for landmark 245-unit apartment tower in downtown Newark

A gleaming 22-story apartment tower in Newark that opened in 2018, marking the city’s first ground-up, luxury high-rise in more than 50 years, is on the market for sale.

Industrial
Thor acquires 131,000 sq. ft. industrial complex in Newark

Thor Equities Group has added more than 130,000 square feet of industrial space in New Jersey with its acquisition of a two-building complex in Newark.

Events
NAIOP New Jersey to honor Preston, other industry leaders at 35th annual gala

A longtime development executive will headline the slate of honorees at this year’s NAIOP New Jersey gala, where the organization will also highlight two key service professionals and the firm behind several high-profile projects in the state.

Professional Services
Caryl Communications founder Bixon-Gordon retires, transfers ownership to Crisafulli

A new owner has taken the reins at Caryl Communications, a longtime public relations and marketing firm with deep ties to New Jersey’s commercial real estate sector.

Residential & Mixed Use
Rockabill names new vice president

Rockabill Consulting and Development has promoted Sean McNamara to vice president.

Professional Services
Retail brokerage adds veteran builder, developer Langan to New Jersey team

A veteran construction and commercial real estate executive in New Jersey has joined Legend Properties as a senior sales associate.

Retail
LMC: Optometrist takes 2,200 sq. ft. at Monmouth shopping center

An optometry practice will be the latest tenant at a Manasquan shopping center after agreeing to lease 2,200 square feet at the property, according to Levin Management Corp.

Health Care & Education
NAI Hanson: Plastic surgeon acquires, expands into 2,500 sq. ft. suite in Teaneck

A plastic surgery practice has purchased nearly 2,500 square feet of medical office space in Tenafly, under a deal arranged by NAI James E. Hanson.

Industrial
Peak Construction celebrates banner year, 25th anniversary amid growing client base

Peak Construction Corp., a design-build firm with a growing footprint in New Jersey, is celebrating a banner year as it also marks the 25th anniversary of its founding.