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.

Office
Sanzari announces promotion to support leasing, marketing team

Alfred Sanzari Enterprises has bolstered its leasing team with a promotion of one of its recent hires.

Finance & Capital Markets
Joint venture secures $30 million acquisition loan for Florham Park office building, JLL says

The recent buyers of a nearly 230,000-square-foot office building in Florham Park have landed $30 million in financing, according to brokers who arranged the transaction.

Retail
Soloff tapped to market new retail, medical development in Gloucester County

The developers of a planned retail and medical complex in Gloucester County have picked Soloff Realty and Development Inc. as their leasing agent at the property.

Office
Printing equipment maker inks 34,000 sq. ft. lease, moves headquarters to Parsippany

A global printing equipment company has moved its North American headquarters to Parsippany, where it’s leasing nearly 35,000 square feet as part of a newly announced transaction by Avison Young.

Finance & Capital Markets
C&W: Owner of Meadowlands, Union industrial portfolio inks $66 million refi loan

An investment group has refinanced a six-building industrial portfolio in Bergen and Union counties for $66 million, in a newly completed transaction by Cushman & Wakefield.

Finance & Capital Markets
PGIM inks $408 million senior loan facility for five-state, 4 million sq. ft. industrial deal

PGIM Real Estate has provided a $408 million senior loan facility for an institutional investor’s purchase of a five-state, 4 million-square-foot industrial portfolio.

Professional Services
Dresdner Robin promotes from within, names new planning director

Dresdner Robin, a Jersey City-based land use consultancy, has named a new director of planning.

Office
JLL tapped to lease 120,000 sq. ft. office building in Morris County

Highstone Equity Group has selected JLL as its leasing agent at a nearly 120,000-square-foot office building in Cedar Knolls.

Retail
Goldstein Group brokers sale of bank, restaurant buildings in North Jersey

A former Chase bank branch in Lake Hopatcong has changed hands for an undisclosed price, in one of two newly announced transactions by The Goldstein Group.

Office
Orthodontist takes 3,400 sq. ft. in New Providence, NAI Hanson says

An orthodontist is opening a new location after signing a 3,400-square-foot lease in downtown New Providence, brokers with NAI James E. Hanson announced Tuesday.