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
Crow Holdings, partners launch construction at 1.2 million sq. ft. logistics park at Exit 8

A development group has started construction at the site of a planned two-building, 1.22 million-square-foot industrial campus near Exit 8 of the New Jersey Turnpike.

People
Tulfra names new senior development, asset managers after recent promotions

Tulfra Real Estate has announced the promotion of two longtime employees.

Retail
Pierson Commercial touts retail lease-up of historic building in downtown Montclair

A leasing team has filled the retail space at a 35,000-square-foot building in downtown Montclair, following efforts to update and reposition the historic property.

Office
Accounting, consulting practice takes 15,500 sq. ft. in Marlton, WCRE says

An accounting and consulting firm has leased more than 15,000 square feet at a Burlington County office building, under a deal arranged by Wolf Commercial Real Estate.

Office
Jersey City: Columbia unveils first phase of upgrades at 680,000 sq. ft. office tower

Columbia Property Trust has completed the first piece of a plan to overhaul its 680,000-square-foot office building in the heart of downtown Jersey City.

Finance & Capital Markets
JLL seeking buyer for ex-Sears store in Mercer County, touting redevelopment potential

The site of a vacant Sears building in Lawrence Township is on the market for sale, providing a redevelopment opportunity alongside a mall on Route 1.

Retail
Hackensack Meridian takes 46,000 sq. ft. for Monmouth outpatient center, Brunelli says

Hackensack Meridian Health has leased nearly 46,000 square feet at a Monmouth County retail center, in the largest of several newly announced deals by R.J. Brunelli & Co.

People
Judd, former C&W New Jersey leader, joins JRT Realty Group

The former head of Cushman & Wakefield’s New Jersey region has landed a new job, joining a Manhattan-based commercial real estate services firm as its chief operating officer.

Government & Public Policy
NJ Transit seeking proposals from four finalists in 12-acre Metropark redevelopment

State officials are seeking pitches from companies that have shown an interest in redeveloping 12 acres directly adjacent to the busy Metropark transit hub in Woodbridge.

Office
C&W brokers Warren office lease with Senlac, financial services firm

A financial services firm is taking nearly 19,000 square feet of office space in Warren, under a deal arranged by brokers with Cushman & Wakefield.