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
NAI DiLeo-Bram adds associate vice president to growing brokerage team

NAI DiLeo-Bram & Co. has bolstered its team of industrial brokers with the addition of a new associate vice president.

Deals
Contractor acquires 2.7-acre Roxbury site for office space, equipment storage

A production and construction management company is relocating within Morris County after acquiring a 2.7-acre property in Roxbury, according to NAI James E. Hanson.

Residential & Mixed Use
REIT eyes plan to reposition South Jersey mall with 1,100 apartments, hotel

The owner of a Burlington County mall is moving ahead with plans to transform the property with the addition of more than 1,000 apartments and a hotel.

Sponsored Content
Planting the Seed for A Greener New Jersey: The Intersection of Legal Cannabis and Real Estate in the Garden State (Part 1)

Most are undoubtedly aware that, in this past election, New Jersey voters overwhelmingly passed a ballot initiative to legalize the recreational use of cannabis for adults age 21 years or older. Due to our state’s geographic location and dense population, experts predict this marketplace will quickly become a multibillion-dollar industry. As we wait for the cannabis sector to spark up in New Jersey, now more than ever, those interested in joining the industry should evaluate what type of real estate space is best suited for this emerging industry, which will differ based on the type of cannabis license it seeks.

Industrial
Roxbury industrial buildings sell for $1.9 million, Charity Realty says

Two Morris County commercial buildings with a combined 34,870 square feet have changed hands for $1.9 million, in a transaction arranged by Charity Realty International.

Residential & Mixed Use
Walters plans spring debut for age-restricted rental project in Marlton

A developer is nearing the completion of a new 68-unit, age- and income-restricted apartment building in the Marlton section of Evesham.

Office
Landlord taps WCRE as leasing agent at Cherry Hill office park

The owner of a three-building, 173,000-square-foot office complex in Cherry Hill has picked Wolf Commercial Real Estate as the property’s leasing agent.

Finance & Capital Markets
Investor lands $49 million loan for North Jersey warehouse portfolio deal

The buyer of an 18-building, 724,000-square-foot industrial portfolio in northern New Jersey has secured nearly $49 million in acquisition financing, in a transaction arranged by JLL.

Industrial
Camber adds 1.24 million sq. ft. industrial portfolio in South Jersey, Pennsylvania

Investment firm Camber Real Estate Partners is expanding its footprint to South Jersey and Pennsylvania, having acquired a 1.24 million-square-foot industrial portfolio in the region.

Industrial
Highway safety company sells 32,000 sq. ft. Vineland facility, WCRE says

A business that provides highway signage and safety equipment has sold a 32,000-square-foot industrial building in Vineland, according to Wolf Commercial Real Estate.