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.

Professional Services
Caryl Communications founder Bixon-Gordon retires, transfers ownership to Crisafulli

A new owner has taken the reins at Caryl Communications, a longtime public relations and marketing firm with deep ties to New Jersey’s commercial real estate sector.

Residential & Mixed Use
Rockabill names new vice president

Rockabill Consulting and Development has promoted Sean McNamara to vice president.

Professional Services
Retail brokerage adds veteran builder, developer Langan to New Jersey team

A veteran construction and commercial real estate executive in New Jersey has joined Legend Properties as a senior sales associate.

Retail
LMC: Optometrist takes 2,200 sq. ft. at Monmouth shopping center

An optometry practice will be the latest tenant at a Manasquan shopping center after agreeing to lease 2,200 square feet at the property, according to Levin Management Corp.

Health Care & Education
NAI Hanson: Plastic surgeon acquires, expands into 2,500 sq. ft. suite in Teaneck

A plastic surgery practice has purchased nearly 2,500 square feet of medical office space in Tenafly, under a deal arranged by NAI James E. Hanson.

Industrial
Peak Construction celebrates banner year, 25th anniversary amid growing client base

Peak Construction Corp., a design-build firm with a growing footprint in New Jersey, is celebrating a banner year as it also marks the 25th anniversary of its founding.

Industrial
Rockefeller buys 58-acre redevelopment site near Exit 9, in NAI Fennelly-brokered deal

An affiliate of the Rockefeller Group has acquired the site of a vacant 58-acre manufacturing complex in Spotswood — about a 10-minute drive from the New Jersey Turnpike — in a transaction arranged by brokers with NAI Fennelly.

Residential & Mixed Use
Iron Ore, Deugen complete 11-unit luxury rental project in downtown Maplewood

A construction team has unveiled a 25,000-square-foot project that has brought 11 upscale apartments and new ground-floor retail space to downtown Maplewood.

Professional Services
GHC announces three new shareholders in real estate, land use

Giordano, Halleran & Ciesla has named three new shareholders in its real estate, land use and redevelopment practice, the Red Bank-based firm announced this week.

Residential & Mixed Use
Kislak: Belleville apartment owner sells 23-unit building after 45 years

The developer and longtime owner of a 23-unit apartment building in Belleville has sold the property for more than $3 million, in a deal arranged by The Kislak Co. Inc.