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
LMC named managing agent for 108,000 sq. ft. Fort Lee office building

Levin Management Corp. has assumed the role of managing agent for a 108,000-square-foot, seven-story office building in Fort Lee.

Retail
Rose Commercial inks $1.45 million sale of 8,000 sq. ft. strip center in Blackwood

Rose Commercial Real Estate has negotiated the $1.45 million sale of an 8,000-square-foot retail strip center in the Blackwood section of Gloucester Township.

Residential & Mixed Use
Denholtz unveils luxury rentals, retail space in latest investment in Red Bank

Denholtz Properties has taken another key step in its plan to help jumpstart Red Bank’s west side, as it prepares to open a new luxury apartment building alongside its headquarters and NJ Transit rail service, making good on a plan that began around 2016.

Professional Services
Turse, Cadigan named principals with Avison Young New Jersey team

The leaders of Avison Young’s industrial brokerage team in New Jersey are now principals of the real estate services firm.

Office
JLL: Tenants combine for 14,000 sq. ft. in recent leases at Cedar Knolls office building

A medical communications firm has signed a five-year lease extension at a Morris County office building, in one of two newly announced transactions by JLL.

Top News
Development firm AST rebrands amid integration of lending, brokerage platforms

AST Development, a boutique developer and financing firm based in Lavallette, has rebranded as part of its shift to a fully integrated real estate platform.

People
New hires in acquisitions, project management among latest hires for Saxum

Saxum Real Estate has continued its string of growth with six new hires aimed at strengthening its acquisitions, project and operations teams.

Industrial
Colliers inks sale of 60,000 sq. ft. Pennsauken industrial building

SNS Real Estate Investment Group LLC has purchased a fully occupied, 60,000-square-foot industrial building in Pennsauken.

Industrial
Investor buys Secaucus office, industrial building for $1.9 million

Marcus & Millichap has negotiated the sale of a 10,000-square-foot office and warehouse property in Secaucus for $1.9 million.

Retail
Azarian, Primo Hoagies sign lease for 2,000 sq. ft. end cap space in Allendale

Azarian Realty Co. has leased the 2,008-square-foot end cap at Allendale Town Center, a 90,000-square-foot shopping center in Bergen County, to Primo Hoagies.