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.

Professional Services
Arc Building Partners names new EVP to lead New Jersey office

Arc Building Partners has hired a construction industry veteran to lead its New Jersey team.

Industrial
Larken signs two new leases at industrial, flex campus in Hillsborough

Larken Associates has inked two new leases for a combined 3,000 square feet at a sprawling industrial and flex campus along Route 206 in Hillsborough.

Retail
Bakery expands, takes 2,500 sq. ft. in Englewood, NAI Hanson says

A boutique bakery is relocating within Bergen County after agreeing to lease more than 2,500 square feet in Englewood, according to brokers with NAI James E. Hanson.

Residential & Mixed Use
OneWall sells 641-unit portfolio in Newark, Irvington for $72 million

A multifamily investment firm has sold a seven-building, 641-unit portfolio in Newark and Irvington for $72 million, nearly doubling the price it paid for the properties in 2016.

Professional Spotlight
Langan announces six promotions in New Jersey offices

Langan has elevated six members of its leadership team in New Jersey as part of a recent slew of promotions across the engineering and environmental services firm.

Top News
Casiello joins executive committee at Rutgers real estate program

The Center for Real Estate at Rutgers Business School has added a well-known title insurance professional to the team of industry leaders at the helm of its advisory board.

Professional Services
Greenberg Traurig adds new real estate attorney in Florham Park office

Greenberg Traurig LLP has deepened its bench of real estate attorneys in New Jersey with the addition of a new shareholder.

Office
Law firm leases 7,900 sq. ft. for new office in Florham Park, Chilmark says

A law firm is relocating in Morris County after agreeing to lease nearly 8,000 square feet at a Florham Park office building, according to Chilmark Real Estate Services.

Industrial
Investment firm buys 50-acre plot at Howell-Freehold border, Sheldon Gross says

A private equity firm has acquired more than 50 acres in Monmouth County, under a newly announced transaction by Sheldon Gross Realty.

Industrial
Edison logistics center sold for $247 million, CBRE says, touting 2020 industrial deals

Rockefeller Group has sold a newly built, 900,022-square-foot industrial building in Edison for $247 million, in one of several newly announced deals by CBRE.