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.

People
Saxum adds director of capital markets among three newest hires

Saxum Real Estate made three additional hires as it continues to scale its business, having doubled the size of its team since the start of the pandemic.

Industrial
Industrial broker rejoins C&W as managing director

A veteran broker who specializes in multinational clients has rejoined Cushman & Wakefield’s New Jersey industrial team.

Residential & Mixed Use
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Residential & Mixed Use
Development team nears completion of 199-unit rental project, its latest in Jersey City

An investment group is eyeing the debut of 199 new luxury apartments on Jersey City’s west side, marking the latest piece of the master-planned neighborhood known as University Place.

Residential & Mixed Use
Accurate Builders launches leasing at 256-unit multifamily project in Raritan

Accurate Builders & Developers is taking the wraps off a long-awaited, 256-unit luxury apartment community in the Somerset County borough of Raritan.

Retail
R.J. Brunelli inks 1,500 sq. ft. lease for CBD chain, eyes expansion in Central Jersey

A wellness products chain is expanding to Monmouth County, as a franchisee works alongside R.J. Brunelli & Co. to find other locations in central New Jersey.

Office
Larken, medical equipment firm ink 2,100 sq. ft. lease in Mercer County

Larken Associates will welcome a new tenant to a Lawrenceville commercial property after leasing more than 2,000 square feet to a medical equipment supplier.

Office
Merck officially lists 2 million sq. ft. headquarters, R&D campus in Kenilworth

A year after announcing plans to vacate its Kenilworth headquarters, Merck & Co. has officially placed the nearly 2 million-square-foot office and research campus on the market for sale.

Retail
Pierson Commercial adds veteran retail broker

Pierson Commercial has expanded its team of retail brokers with the hiring of an industry veteran and specialist along New Jersey’s Hudson waterfront.

Professional Services
JLL adds senior vice president to New Jersey office brokerage team

JLL has made another addition to its New Jersey team, announcing the hiring of a well-known office leasing professional.