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
Lighting, medical tech companies lease 47,000 sq. ft. at Bridgewater campus

A lighting company has leased nearly 29,000 square feet at a Bridgewater office campus, in the larger of two newly announced transactions by Avison Young.

Retail
Goldstein Group inks sales of retail sites in Paramus, Eatontown

Columbia Bank has shed a nearly 1,800-square-foot former bank branch in Paramus, according to a brokerage team with The Goldstein Group.

Industrial
Woodmont sells new 101,000 sq. ft. industrial building in Woodbridge

An affiliate of Woodmont Properties has sold a newly built, fully leased industrial property in Woodbridge to a buyer that has also become one of its newest joint venture partners.

Office
Dartcor, longtime leader in corporate dining, will play key role in return-to-work plans

Based in Morris County, Dartcor offers high-end cafeteria menus, grab-and-go markets, pantries and coffee options for office buildings in the region. And, with a return to work on the horizon for many businesses, its services could be as important as ever.

Industrial
Tulfra secures 3,300 sq. ft. lease expansion at Whippany flex property

Tulfra Real Estate has completed a new lease expansion with a tenant at a 57,000-square-foot commercial property in Morris County, the firm announced Friday.

Retail
Barber shop leases 1,800 sq. ft. in Cherry Hill, Vantage Commercial says

A men’s barbershop is joining the tenant roster at a Cherry Hill retail center, in a transaction arranged by brokers with Vantage Commercial.

Industrial
JLL inks sale of potential industrial development site on Long Island

A developer has purchased a two-building, 10-acre property on Long Island, where plans allow for up to roughly 184,000 square feet of new industrial space near two major highways.

Hospitality & Tourism
Prism wins key approval to bring Marriott AC, Element Hotel to ON3 campus

Prism Capital Partners has secured final site plan approval to build a 266-room hotel in Clifton, as it looks to further expand the mix of uses at its flagship ON3 campus.

Office
Charter school relocates, leases 35,000 sq. ft. in Newark office building

A charter school has leased 35,000 square feet at an office building in downtown Newark, under a newly announced transaction by Lee & Associates New Jersey.

Office
CHA inks new 12,000 sq. ft. office lease in Bloomfield

Two new tenants are joining the roster at a distinctive office building in Bloomfield, having leased 12,000 square feet at downtown property.