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
Vantage Commercial inks sale of former auto repair shop in Camden County

The site of a former auto repair shop in Camden County has changed hands, in a deal arranged by brokers with Vantage Commercial.

Industrial
Devli acquires 175,000 sq. ft. Meadowlands industrial building

Devli Real Estate has purchased a 175,000-square-foot industrial building in East Rutherford, marking the latest addition to its portfolio in northern New Jersey.

Office
MDC sells 227,000 sq. ft. Hackensack office building, C&W says

Mountain Development Corp. has sold a nearly 227,000-square-foot office building in Hackensack, in a transaction arranged by Cushman & Wakefield.

Retail
Marcus: Net-leased childcare center in Monmouth fetches $3.3 million

An investor has purchased the site of a net-leased childcare center in Manasquan for nearly $3.3 million, in a newly announced deal by Marcus & Millichap.

Top News
The best of The Briefing 2021

Dear readers, As we look ahead to 2022, we’re excited to look back at our top stories of 2021, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails below. Happy…

Industrial
CenterPoint adds to 8A holdings with 198,000 sq. ft. warehouse in Dayton

CenterPoint Properties has closed on a 198,000-square-foot industrial building in South Brunswick, its third acquisition in the Exit 8A submarket in six months.

Professional Services
MHS Architects announces promotion of interior design associate

Marchetto Higgins Stieve Architects has promoted a key member of its interior design team.

Finance & Capital Markets
Cronheim sources $19 million loan for Whole Foods-anchored center in West Windsor

The owner of a grocery-anchored retail center in West Windsor has landed $19 million in permanent financing, in a deal arranged by Cronheim Mortgage.

Retail
Lease for new 4,600 sq. ft. tapas restaurant among latest Hoboken deals by Ripco

A restaurant group has expanded its footprint with a nearly 4,600-square-foot Spanish tapas eatery in northwest Hoboken, according to a brokerage team with Ripco Real Estate.

Technology
Don Bosco announces new engineering center with gifts from Forgione, anonymous donor

Don Bosco Prep has announced the start of construction for a new robotics and engineering learning center at its Ramsey campus, thanks in large part to the support of developer Joe Forgione.