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

JLL inks $31 million bridge loan for Parsippany office buyer

The recent buyer of a Parsippany office building has secured more than $30 million in bridge financing, under a newly announced transaction by JLL.

Office

Renovation, expansion underway at boutique Morristown office building, C&W says

The Hampshire Cos. has launched a renovation and expansion of an office building in downtown Morristown, tapping Cushman & Wakefield as its leasing agent for the property.

Professional Services

BRC adds sales associate to brokerage division

Bussel Realty Corp. has added to its stable of brokers with the hiring of a new sales associate.

Retail

Education, automotive tenants take 16,000 sq. ft. at Monmouth retail project

A soon-to-be redeveloped retail property in Middletown has lured two new tenants, under a set of newly announced transactions by The Goldstein Group.

Industrial

Bloom Organization sells net-leased Pennsauken warehouse

An investment firm has acquired a nearly 40,000-square-foot warehouse in Camden County, brokers with Colliers International announced Monday.

Retail

NKF: Pizza operator coming to new-look Journal Square office building

A pizza concept is joining the retail mix at an office building in Jersey City, whose owner has committed more than $10 million to reposition and upgrade the nine-story property.

Professional Services

Partners in expanded, rebranded firm seeking to break the mold in New Jersey real estate law

Based in Newark, the newly minted Murphy Schiller & Wilkes LLP has built what it feels is a distinctive offering in New Jersey — a full-service, boutique commercial real estate law practice, but one that can match the depth and experience of an institutional firm.