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
Duke acquires single-tenant, 469,000 sq. ft. distribution center in Piscataway

Duke Realty Corp. has announced its recent acquisition of a fully leased, 469,600-square-foot industrial building in Piscataway.

Professional Services
Mandelbaum Barrett taps Alexander as real estate practice co-chair

A longtime attorney with Mandelbaum Barrett PC has assumed the role of co-chair of the firm’s real estate group.

Professional Services
Blau & Berg promotes two veteran brokers

The Blau & Berg Co. has announced the promotion of two veteran brokers on its team.

Office
CBRE: Lease with Compass among 45,000 sq. ft. in new deals at Morristown office building

A real estate brokerage has taken more than 11,000 square feet at a newly renovated office building in Morristown, in the largest of five deals announced by CBRE.

Residential & Mixed Use
Onyx hits new milestone at 39-unit upscale rental property in downtown Ridgewood

Onyx Equities has rented more than 60 percent of its newest luxury apartment building in downtown Ridgewood, a collection of one- and two-bedroom homes known as NOMA.

Office
Dentist takes 2,200 sq. ft. at Paramus medical office building, NAI Hanson says

A dental practice has leased more than 2,200 square feet at a Paramus medical office building, under a deal arranged by NAI James E. Hanson.

Office
With Deloitte set to depart, landlord kicks off $3 million upgrade of Parsippany office building

Signature Acquisitions has kicked off a sweeping redesign and modernization of a 175,000-square-foot office building in Parsippany, seeking to overhaul the property ahead of the planned departure of Deloitte LLP.

Office
Chilmark: Financial services firms combine for 14,700 sq. ft. in Harding, Morristown

A national financial services firm has leased 7,600 square feet of office space in Morris County, in one of two newly announced deals by Chilmark Real Estate Services.

Industrial
AY: Cooking oil management, cleaning business takes 27,000 sq. ft. at Kearny industrial park

A restaurant service business has leased more than 27,000 square feet of industrial space in Kearny, in a transaction by brokers with Avison Young.

Office
Mental health clinic signs 17,800 sq. ft. renewal in Paramus

A mental health and substance abuse clinic has renewed its nearly 18,000-square-foot lease at a Paramus office building, according to a leasing team with Equity 3 LLC.