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.

Finance & Capital Markets
Progress Capital inks $22 million loan for new Camden County apartments

The developer of 141 apartments in Camden County has landed nearly $22 million in financing, under a transaction arranged by Progress Capital.

Office
JLL touts new lease, renewal at Woodcliff Lake office building

Western Union has committed to more than 10,000 square feet at a Woodcliff Lake office building, in one of two newly announced transactions by JLL.

Office
CBRE named leasing agent at new-look Vision building in Morristown

Vision Real Estate Partners has tapped CBRE as its leasing agent at a newly renovated, well-known office building in downtown Morristown.

Industrial
Dermody, Christmas tree company ink 608,000 sq. ft. industrial lease in East Windsor

A seller of artificial Christmas trees has leased more than 600,000 square feet of industrial space in East Windsor, in a newly announced transaction by Atlantic Real Estate Services.

Residential & Mixed Use
Paterson, Passaic rental portfolio trades for $17 million, Gebroe-Hammer says

An investor has paid $17 million for a nine-building, 133-unit apartment portfolio in Paterson and Passaic, in a transaction arranged by Gebroe-Hammer Associates.

Office
C&W inks 20,000 sq. ft. extension at Princeton-area office building

A financial services firm has signed a 20,000-square-foot lease extension at a West Windsor office building, brokers with Cushman & Wakefield announced Monday.

Retail
Five Guys now open at Burlington County retail center, LMC says

Fast-casual burger chain Five Guys has debuted a new location in Burlington County after signing a 2,700-square-foot lease there early last year.

Industrial
JLL: Lincoln Equities sells Long Island logistics center for $75 million

Lincoln Equities Group has sold just under 200,000 square feet of new industrial space on Long Island for $74.5 million, in a deal completed by JLL’s New Jersey brokerage team.

Office
Honeywell sells 465,000 sq. ft. headquarters building in Morris Plains

Honeywell International has offloaded its 465,000-square-foot former headquarters building in Morris Plains, selling the property to a Manhattan-based investment firm.

Professional Services
Wiss announces new partner in real estate group

Wiss has promoted a veteran member of its real estate services group to partner, the Florham Park-based accounting and consulting firm announced.