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.

Industrial
NKF inks 65,000 sq. ft. renewal at Pine Brook industrial building

A manufacturer has renewed its 65,000-square-foot lease at a Morris County industrial building, under a newly completed transaction by Newmark Knight Frank.

Industrial
Food industry business leases 44,000 sq. ft. in Linden, BRC says

A food-related tenant is taking more than 44,000 square feet at a Linden industrial building, in a lease arranged by Bussel Realty Corp.

Industrial
Logistics firm for wine and spirits industry takes 114,000 sq. ft. in North Bergen

A logistics company has leased nearly 114,000 square feet at a newly developed industrial building in North Bergen, brokers with Team Resources Inc. announced Wednesday.

Professional Services
Walsh Co. names Buckley to lead environmental solutions team

The Walsh Co. has expanded its service lines to include an environmental solutions practice, hiring a prominent industry professional to lead the division.

Residential & Mixed Use
Joint venture opens latest luxury rental project in Jersey City

A joint venture has opened the doors to a 137-unit apartment building in Jersey City, the latest piece of a project that has transformed a onetime industrial neighborhood.

Industrial
Binswanger: Pet food maker sells Pennsauken industrial buildings for $18 million

A pet food company has sold two Pennsauken industrial buildings for a combined $18 million, in a set of transactions by Binswanger Commercial Real Estate Services.

Residential & Mixed Use
Developer unveils 58-unit apartment building in downtown Morristown

A developer has taken the wraps off a boutique apartment building in Morristown, seeking to lure renters with oversized floorplans and a location near the town’s central business district.

Office
NKF tapped to market Giralda Farms office building

An investment group has picked Newmark Knight Frank as its leasing agent at a well-known office building in Madison, where it’s now marketing 115,000 square feet.

Industrial
Two more tenants commit to Newark industrial campus, taking 59,000 sq. ft.

Two tenants have combined to lease nearly 60,000 square feet at a Newark industrial complex, in a set of transactions arranged by NAI James E. Hanson.

Finance & Capital Markets
NYL closes $36.5 million mortgage for Morristown apartment, retail building

The owner of a 130-unit luxury apartment building in Morristown has secured a $36.5 million mortgage, in a newly announced transaction by New York Life Real Estate Investors.