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
Colliers inks four new leases, absorbs 36,000 sq. ft. at East Hanover office building

Four new tenants are coming to an East Hanover office building after leasing a combined 36,000 square feet at the property, in a series of newly announced deals by Colliers.

Retail
Sun Equity sells 110,000 sq. ft. Route 22 shopping center, Marcus & Millichap says

The developer of a five-year-old shopping center in Union Township has sold the Route 22 property, under a deal arranged by Marcus & Millichap.

Office
Medical device maker takes 24,000 sq. ft. at Parsippany office campus, C&W says

A medical device maker has leased nearly 24,000 square feet at a Parsippany office campus, in the largest of four transactions announced Monday by Cushman & Wakefield.

Health Care & Education
Bell Works welcomes new two-story, 20,000 sq. ft. Fitness Factory location

A growing fitness chain has opened its doors at the Bell Works campus in Holmdel, bringing a new offering to the property for both tenants and the broader community.

Residential & Mixed Use
FirstService named property manager at 562-unit Harmon Cove Towers in Secaucus

FirstService Residential has taken over as the full-service property manager for a 562-unit high-rise condominium complex in Secaucus.

Residential & Mixed Use
Pet amenity, service platform comes to new KRE apartments in Bayonne

Kushner Real Estate Group has expanded its partnership with a pet amenity and service company, bringing the platform to its new luxury apartment complex in Bayonne.

Retail
Martial arts studio inks 1,900 sq. ft. lease at Denville retail center

A martial arts center has taken 1,900 square feet at a Denville shopping center, in a newly announced transaction by Lee & Associates New Jersey.

Industrial
Top developers, owners see continued growth for industrial market, despite new headwinds

More than 200 attendees turned out April 26 for “The View from the Top: A Conversation with Leaders in Logistics Real Estate,” a conference hosted by Real Estate NJ at The Highlawn in West Orange. Speakers included (clockwise from top…

Industrial
Vacant 15,000 sq. ft. Clifton warehouse trades for $3 million, Newmark Associates says

The longtime owner of a 15,000-square-foot industrial building in Clifton has sold the property for $3 million, in a deal arranged by Newmark Associates CRE LLC.

Residential & Mixed Use
Walters eyes Q2 construction start for new age-restricted rentals in Montvale

Development firm Walters is set to break ground on a new 25-unit, income-restricted apartment complex in Montvale, as it eyes continued expansion of its Cornerstone brand.