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
NAI Mertz named leasing agent at Bellmawr office building

The new owner of a Camden County office building has tapped NAI Mertz as its leasing agent, as it embarks on a set of improvements at the 40,000-square-foot property.

Professional Services
Garibaldi Group announces new, multigenerational leadership structure

The Garibaldi Group has made a major change to its leadership structure, including a move that brings the firm’s fourth generation into the uppermost ranks of its management team.

Professional Services
Dobco taps Kimmerle Newman Architects to help reposition ex-Toys R Us campus

The owner of the former Toys R Us headquarters site in Wayne has hired Kimmerle Newman Architects to help it reinvent the three-building, 191-acre office campus.

Office
JLL: Data backup, restoration firm extends, expands to 60,000 sq. ft. in Englewood Cliffs

A data backup and restoration provider is doubling its footprint in Englewood Cliffs, where it’s set to occupy 60,000 square feet within a four-building office complex.

Office
Avison Young named leasing agent at Metropark office building

The new owner of a nine-story office building in Woodbridge has tapped Avison Young as its leasing agent, following the brokerage team’s success at a large campus in Morris County.

Retail
Net-leased retail property in Burlington fetches $1.3 million, Marcus says

A private investor has acquired a net-leased dollar store property in Burlington County for $1.3 million, under a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
Larken accepting reservations, eyes mid-2021 debut for Hillsborough apartments

Larken Associates is taking reservations for a collection of more than 190 apartments that is now under construction in Hillsborough.

Industrial
Health, quality of life a growing focus in designing warehouse and logistics buildings

The race to attract quality labor has led industrial developers and users to focus increasingly on wellness-oriented design and features, but that shift has become all the more important in recent months as occupiers look to keep employees safe from COVID-19.

Industrial
Endurance, PCCP announce 58,000 sq. ft. industrial lease in Delran

A joint venture has inked a nearly 58,000-square-foot industrial lease in Burlington County, securing a full-building commitment from an area pet store operator.

Professional Services
LAN Associates opens new office in Voorhees, amid growing demand in South Jersey

LAN Associates, a full-service architecture and engineering firm, has expanded its footprint with the opening of a new office in southern New Jersey.