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.

Technology
What makes Robert Hazelrigg The Graphics Guy so popular?

Robert Hazelrigg, known as “The Graphics Guy,” has gained popularity and recognition in the graphic design industry for several key reasons: Extensive Experience and Expertise Robert Hazelrigg has over 30 years of professional experience in corporate and “big brand” advertising[3].…

Retail
LMC: Dining tenants remain active, serve as bright spot for retail leasing

Restaurants have remained especially active among retail tenants, fueling nearly two dozen leases since the start of the pandemic at properties served by Levin Management Corp.

Office
Cigna moving to ex-Honeywell campus in Morris Plains, reportedly leasing 200,000 sq. ft.

A global health services company is taking down a major piece of the former Honeywell International campus in Morris Plains, where it will reportedly lease some 200,000 square feet.

Government & Public Policy
NJCU joins public officials, PRC Group to open new location at Fort Monmouth

New Jersey City University has unveiled its new location at Fort Monmouth, in another key addition to the historic U.S. Army base and an expansion of higher education in the area.

Industrial
Kearny industrial building trades for $21 million, Marcus says

An investor has acquired a 135,000-square-foot industrial building in Kearny for more than $21 million, in a newly announced transaction by Marcus & Millichap.

Professional Services
Walsh Co. adds assistant project manager

Walsh Co. has made another addition to its growing team with the hiring of an assistant project manager.

Industrial
Two-building, 536,000 sq. ft. industrial portfolio sold for $107 million

A developer has reaped more than $107 million from its sale of two newly built industrial properties in southern New Jersey, in a deal arranged by brokers with JLL.

Residential & Mixed Use
Investor acquires Princeton apartments for $70 million

An investment firm has added to its holdings in New Jersey with its purchase of a six-year-old, 153-unit luxury apartment complex in Princeton for more than $70 million.

Professional Services
State bar association taps Fersko for cannabis law executive committee

A top real estate attorney with Greenbaum Rowe Smith & Davis LLP has joined the leadership of the New Jersey State Bar Association’s Cannabis Law Committee.

Residential & Mixed Use
Marcus inks $10.6 million sale of West New York apartments

A three-building, 66-unit apartment portfolio in West New York has changed hands for nearly $10.6 million, under a newly announced transaction by Marcus & Millichap.