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
Murphy Schiller & Wilkes adds two associates to Newark-based real estate team

Murphy Schiller & Wilkes LLP has added two associates to its growing team of commercial real estate attorneys.

Office
SJP completes build-out for new Life Time co-working space in Bridgewater

SJP Properties is touting the debut of a new co-working space in Bridgewater, the latest addition to its 1.2 million-square-foot Somerset Corporate Center campus.

Industrial
Linden industrial building trades for $1 million, BRC says

A flavor and food ingredients company has purchased an 8,000-square-foot industrial building in Linden for more than $1 million, according to brokers with Bussel Realty Corp.

Office
Ad agency buys Collingswood office building for $600,000

An advertising firm is relocating to Collingswood after acquiring a 5,000-square-foot office building in the borough, in a transaction arranged by Markeim Chalmers Inc.

Residential & Mixed Use
RPM announces sale of famed ‘General’s House’ at Fort Monmouth residential site

RPM Development Group has inked the sale of a historic five-bedroom home in Oceanport, part of a collection of upscale dwellings that it has been marketing at the former Fort Monmouth.

Office
Banking giant inks 20-year, 150,000 sq. ft. renewal in Jersey City, as landlord launches $10 million building upgrade

In a time of uncertainty for the office sector, many landlords and tenants have stayed bullish on the need for a physical workplace. Look no further than one of Jersey City’s tallest commercial buildings — and the French banking giant that has called it home for nearly 15 years.

Government & Public Policy
Jersey City breaks ground on $120 million public safety headquarters

Construction is underway on a new $120 million public safety headquarters in Jersey City, the latest piece of a growing municipal district in one of the city’s historic neighborhoods.

Professional Services
Schenck Price adds counsel in land use, commercial real estate groups

Schenck, Price, Smith and King LLP has bolstered its team of land use and commercial real estate attorneys with one of its newest hires in New Jersey.

Residential & Mixed Use
Developer completes lease-up at 80-unit rental project in Union, eyes second phase

A developer has completed its lease-up at an 80-unit luxury apartment building in Union, touting the milestone despite opening just weeks before the state’s coronavirus outbreak.

Industrial
Hair products maker takes 59,000 sq. ft. at Meadowlands industrial building

A hair products company is expanding into nearly 60,000 square feet of industrial space in Moonachie, in a newly completed lease by Team Resources Inc.