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
JLL: Investors acquire 228,000 sq. ft. office building in Florham Park

A joint venture has acquired a 228,000-square-foot office building in Florham Park, under a newly announced deal by JLL’s New Jersey capital markets group.

Industrial
South Brunswick industrial building sells for $13.1 million, Atlantic says

A maker of consumer electronics accessories has acquired a South Brunswick warehouse for more than $13.1 million, in one of several new transactions by Atlantic Real Estate Services.

Professional Services
DIGroup Architecture wins contract for $100 million county complex in Elizabeth

The Union County Improvement Authority has selected DIGroup Architecture to design a new $100 million government complex in Elizabeth, the New Brunswick-based firm announced.

Industrial
Metuchen industrial building fetches $1.67 million, BRC says

A tile and home décor business has acquired a nearly 14,000-square-foot industrial building in Metuchen, in a newly announced transaction by Bussel Realty Corp.

Professional Services
NAI DiLeo-Bram names new marketing coordinator

NAI DiLeo-Bram & Co. has made a new hire on its in-house marketing team, bringing added support to its growing roster of service providers.

Office
Marlton office landlord taps NAI Mertz as leasing agent

The owner of a newly built, 30,000-square-foot office building in Burlington County has tapped NAI Mertz as its leasing agent.

Health Care & Education
Eye doctor takes 1,500 sq. ft. at office, medical complex in Branchburg

An ophthalmology practice is coming to a Branchburg office complex after signing a 1,504-square-foot lease with Larken Associates.

Industrial
Matrix inks new 975,000 sq. ft. lease with Amazon, filling Staten Island industrial park

Fresh off another deal with Amazon, Matrix Development Group is hailing the lease-up of a 3.5 million-square-foot logistics park in Staten Island, where it broke ground four years ago as it pushed the boundaries of New Jersey’s booming industrial market.

Professional Services
Newmark announces rebrand, reflecting enhanced commercial real estate platform

Newmark Group has shortened the name of its flagship commercial real estate business, announcing a rebrand that it says reflects its rapid growth and the evolution of its platform.

Finance & Capital Markets
JLL: Developer lands permanent financing for new Union rental project

The developer of an 80-unit luxury apartment building in Union has secured permanent financing for the property, in a transaction arranged by JLL.