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.

Industrial
Machemer, Crow Holdings moving quickly to fill Northeast industrial pipeline

With its first project nearing completion and a tenant in hand, Crow Holdings Industrial is keenly focused on what comes next for its Northeast expansion strategy. The firm has a pipeline in the region amounting to more than 7 million square feet, with the potential to deliver much-needed warehouse and logistics space to a vastly undersupplied market.

Industrial
Logistics firm takes 53,000 sq. ft. at Meadowlands industrial building

An international logistics firm has leased more than 50,000 square feet in East Rutherford, under a newly announced transaction by NAI James E. Hanson.

Retail
Ex-Dressbarn site in Paramus fetches $2.2 million, CBRE says

The site of a former Dressbarn store in Paramus has changed hands for more than $2 million, following a transaction arranged by brokers with CBRE.

Industrial
Biotech firm opens new cell, gene therapy manufacturing center in Allendale

A global life sciences company has opened a new cell and gene therapy manufacturing facility in Allendale, more than doubling its existing capacity in the state.

Health Care & Education
Private equity firm grows skilled nursing portfolio, acquires 120-bed Wayne facility

Private equity investment firm Tryko Partners has acquired a skilled nursing facility in Wayne, with plans to reposition and expand the services at the 120-bed property.

Professional Services
Sanzari promotes longtime construction manager to director

Alfred Sanzari Enterprises has named a new director of construction, tapping a 13-year veteran of the company to fill the post.

Professional Services
Langan’s Buckley takes the helm at CREW NJ, making the business case for membership

Elisa Buckley has taken the reins as the board president of Commercial Real Estate Women of New Jersey, having risen through the ranks since joining the association in 2009. Among other goals, she now hopes to further expand membership and improve access to the chapter’s events.

Finance & Capital Markets
JLL inks financing for 11-building portfolio in Raritan Center

Summit Associates has secured financing for an 11-building industrial portfolio in the Raritan Center business park in Edison, under a newly announced transaction by JLL.

Professional Services
Riker Danzig announces new co-chairs of storied environmental practice

Riker Danzig Scherer Hyland & Perretti LLP has named new co-chairs in its environmental law practice, who will take the reins from the department’s founder and longtime leader.

Residential & Mixed Use
Woodmont, Atkins bring 330-unit rental complex to full occupancy

A joint venture has reached full occupancy at a new luxury apartment complex in Gloucester County, marking a milestone for a long-awaited mixed-use development.