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
Signature Acquisitions touts 29,000 sq. ft. in leasing at Cranford, Clark office buildings

Signature Acquisitions has negotiated office leases exceeding 29,000 square feet over the past three months in its Garden State Parkway portfolio, the firm announced.

Residential & Mixed Use
Four-building, 96-unit apartment portfolio in East Orange trades for $15.6 million

A private investor has purchased a four-building, 96-unit apartment portfolio in East Orange for $15.6 million, in a newly announced transaction by Hudson Atlantic Realty.

Roundtable
What were some key takeaways from last month’s ICSC convention in Las Vegas?

What were some key takeaways from last month’s ICSC convention in Las Vegas? We assembled a panel of industry experts to tackle this month’s question.

Residential & Mixed Use
Revival of Parsippany site underway as office buildings come down, with rentals soon to come

The transformation of a sprawling suburban office park in Parsippany is now on full display, as a development team continues its teardown of several aging buildings while marking the start of construction for 275 new apartments at the site.

Office
Columbia debuts newly upgraded lobby, entrance at 680,000 sq. ft. Jersey City office tower

Columbia Property Trust Inc. has completed its renovation of a 19-story, 680,000-square-foot office building in Jersey City’s busy Grove Street neighborhood.

Office
Vacant 52,000 sq. ft. office complex in Basking Ridge trades for $4.6 million

A pharmaceutical company has purchased an office complex in Basking Ridge for $4.6 million, in a deal arranged by Kislak Commercial Real Estate Services Inc. and The Garibaldi Group.

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.