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
PS&S details new Warren headquarters, COVID safety strategy

Professional services firm PS&S has unveiled its new headquarters in Warren, where it has created a safe, socially distant setting with the flexibility to respond to the evolving health crisis.

Office
Bell Works unveils new and improved, 25,000 sq. ft. co-working space in Holmdel (SLIDESHOW)

Somerset Development has opened the doors to a newly expanded and upgraded co-working space at Bell Works, its massive indoor office and retail campus in Holmdel.

Office
Rochelle Park office building trades for $7.2 million, Wellington says

The longtime owner of a 65,000-square-foot office building in Rochelle Park has sold the property for more than $7 million, in a deal arranged by The Wellington Co. LLC.

Health Care & Education
Cherry Hill medical office building adds fourth tenant in 12 months

A new tenant is coming to a medical office building on Route 70 in Cherry Hill, following a transaction arranged by brokers with Vantage Commercial.

Health Care & Education
‘The Hub’ in New Brunswick eyes groundbreaking with higher ed, health care partners in tow

The first piece of a long-awaited research, business and retail campus in downtown New Brunswick is slated to break ground next summer after securing commitments from four of the state’s largest institutions in health care and higher education.

Top News
Arthur Imperatore Sr., NY Waterway founder and key figure in Gold Coast rebirth, dies at 95

Arthur E. Imperatore Sr., the pioneer of Hudson River commuter ferry service and a central figure in the transformation of northern New Jersey’s Gold Coast, has died at age 95.

Finance & Capital Markets
JLL: Builder of Somerset apartments refinances for $12 million

A developer has secured a $12 million loan in connection with a new 61-unit apartment building in the Somerset section of Franklin, brokers with JLL announced Thursday.

Office
Two new leases bring Morristown office building to full occupancy, Transwestern says

A boutique office building in Morristown has reached full occupancy after the completion of two long-term leases by Transwestern Real Estate Services.

Industrial
Logistics firm takes 59,000 sq. ft. in Salem County

A logistics and moving company has leased nearly 60,000 square feet at a Salem County industrial building, in a deal arranged by Lee & Associates of Eastern Pennsylvania.

Industrial
Buyer wanted for 60,400 sq. ft. Meadowlands industrial building

The owner of a 60,400-square-foot light industrial building in the Meadowlands is seeking a buyer, in a newly announced offering by JLL’s New Jersey team.