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
Wharton Industrial adds to area portfolio with Pennsauken, Cherry Hill deals

A real estate investment firm has acquired six industrial properties in Camden County, marking the latest additions to its growing portfolio in southern New Jersey.

Finance & Capital Markets
JLL secures loan to refinance Denholtz industrial campus in Fairfield

Denholtz Properties has refinanced a two-building, 90,000-square-foot industrial portfolio in Fairfield, in a transaction arranged by brokers with JLL.

People
Sanzari taps longtime real estate finance executive as CFO

Alfred Sanzari Enterprises has hired a longtime industry executive as its new chief financial officer.

Industrial
CenterPoint adds 274,000 sq. ft. industrial building in South Brunswick

CenterPoint Properties has made another addition to its New Jersey portfolio with its purchase of a nearly 275,000-square-foot industrial building in South Brunswick.

Office
Wealth management firm signs 36,000 sq. ft. renewal in Parsippany, JLL says

A wealth management firm is staying in place in Parsippany after renewing its lease for more than 36,000 square feet, brokers with JLL announced.

Finance & Capital Markets
Progress Capital inks $53 million refi for East Orange apartments

The developer of a 180-unit luxury apartment building in East Orange has refinanced the property for $53 million, according to an advisory team with Progress Capital.

Technology
TechUnited taps Onyx Equities’ Schultz as new innovation committee chair

A trade group for technology firms and entrepreneurs in New Jersey has tapped a well-known commercial real estate executive to lead a newly formed innovation committee.

Industrial
Marcus Partners acquires two-building, 194,000 sq. ft. industrial portfolio in Paterson

An investment firm has acquired a two-building, 194,000-square-foot industrial portfolio in Paterson, marking its first foray into the asset class in New Jersey.

Health Care & Education
NAI Hanson: Infusion service moves into New Jersey, leases 1,400 sq. ft. in Paramus

An infusion therapy service is expanding to New Jersey with a newly completed lease in Paramus, in a transaction arranged by NAI James E. Hanson.

Office
Contractor buys Bridgewater office building for $1.1 million, Sheldon Gross says

A contractor has paid more than $1.1 million to acquire a 7,500-square-foot building in Bridgewater, under a newly announced deal by Sheldon Gross Realty.