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
Tulfra sells 37,000 sq. ft. Whippany light industrial building for $7.3 million

Tulfra Real Estate has sold a 37,000-square-foot commercial building in Hanover for more than $7 million, completing a value-add plan for a property that it purchased in 2014.

Professional Services
Dresdner Robin announces newest hires in environmental, surveying teams

Dresdner Robin has made three more additions aimed at bolstering its team of engineering, environmental services and landscape architecture professionals.

Retail
R.J. Brunelli inks 11,600 sq. ft. Dollar Tree lease in Parsippany among latest deals

Dollar Tree has leased nearly 12,000 square feet at a Route 46 retail center in Parsippany, in the largest of six newly announced transactions by R.J. Brunelli & Co. LLC.

Retail
Strength training fitness franchise taps CBRE as leasing agent for national expansion

A boutique fitness franchise has tapped CBRE to help guide its expansion into at least 20 key U.S. markets in the year ahead.

Office
Diversified: Montville office building at full occupancy after lease with marketing firm

A marketing agency has leased 750 square feet at a Montville office building owned by Diversified Properties, the commercial real estate firm announced Wednesday.

Finance & Capital Markets
Kennedy Funding inks $3.6 million land loan for SoCal commercial, condo project

Kennedy Funding has closed a $3.6 million land loan in connection with a proposed mixed-use development in Southern California, the Englewood Cliffs-based lender announced.

Industrial
Co-warehousing firm takes 165,000 sq. ft. in Saddle Brook, its largest location to date

A provider of shared warehouse and office space has taken nearly 165,000 square feet in Saddle Brook, marking its largest location to date in a portfolio of more than two dozen sites.

Residential & Mixed Use
Jersey City: Developers unveil 114 rentals in historic Bergen-Lafayette neighborhood

A development team is set to debut a new 114-unit high-end apartment building that has revitalized another piece of Jersey City’s growing Bergen-Lafayette neighborhood.

Professional Services
DMR taps Kapoor as first-ever COO among six new promotions

DMR Architects has named its first-ever chief operating officer alongside five other promotions within its Hasbrouck Heights-based team of more than 40.

Office
Ware Malcomb touts design, build-out of engineering firm’s new office in Newark

Ware Malcomb is marking the completion of a new 30,000-square-foot office space in Newark that it designed on behalf of an engineering firm.