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.

Colliers inks sale of 23,000 sq. ft. warehouse in Burlington County

A joint venture has purchased a nearly 23,000-square-foot warehouse in Moorestown, under a transaction arranged by Colliers International.

Fiserv to open 400,000 sq. ft. fintech hub in Berkeley Heights, with $109 million incentive

Fiserv Inc. has announced plans to lease more than 400,000 square feet for a new financial technology hub in Berkeley Heights, following the state’s approval of a seven-year, $109 million tax credit to encourage it to bring nearly 2,000 jobs to New Jersey.

Port industrial building in Elizabeth trades for $35 million

A fully leased, 240,000-square-foot industrial building near Port Newark-Elizabeth has changed hands for nearly $35 million, brokers with Cushman & Wakefield announced.

Residential & Mixed Use

Developers sell new East Rutherford apartments for $11.6 million, Gebroe-Hammer says

The developers of a new 35-unit luxury apartment building in East Rutherford have sold the property for $11.6 million, in a transaction arranged by Gebroe-Hammer Associates.

Peak Construction details 133,000 sq. ft. industrial project in Millstone

A developer is bringing more than 130,000 square feet of new industrial space to a growing corridor along Route 33 in Monmouth County, according to the project’s contractor.

C&W: Software firm inks 15,000 sq. ft. renewal at Jersey City office tower

A software company is staying in place after renewing its lease at a prominent Jersey City office tower, according to brokers with Cushman & Wakefield.

Sanzari, communications firm sign 6,400 sq. ft. renewal in Hasbrouck Heights

Alfred Sanzari Enterprises has signed a nearly 6,500-square-foot office renewal in Hasbrouck Heights with a media and communications firm, the landlord announced Tuesday.

Stro taps former CBRE broker as director of leasing

A former broker has joined The Stro Cos. as its new director of leasing, the firm announced.

Residential & Mixed Use

Russo launches leasing at phase two of Union project, offering 427 luxury rentals

Russo Development has launched leasing at a collection of 427 new apartments in Union Township, following the success of an earlier phase at a sprawling project along Morris Avenue.

Residential & Mixed Use

Bloomfield apartment owner sells 13-unit property after more than 40 years.

The longtime owner of a 13-unit apartment building in Bloomfield has sold the property, under a newly announced transaction by NAI James E. Hanson.