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.

Tropical Juice Bar inks lease at Bergenfield shopping center, RIPCO says

The owner of a 70,000-square-foot retail center in Bergenfield will soon welcome Tropical Juice Bar, a growing fast-casual restaurant chain, in a newly announced deal by RIPCO Real Estate.

Deluccia: Total Wireless operator takes 1,400 sq. ft. at mixed-use building in Somerset

A new Total Wireless store has come to Franklin after leasing space at a new mixed-use building in the township’s Somerset section, according to a broker with Deluccia Commercial Group.

Going public: New phases taking shape at The Park as Connell’s plan for resort-style, community-facing campus advances in Berkeley Heights

The Park in Berkeley Heights is entering a new phase, with its office space now fully renovated and construction underway on new residential, retail and hospitality segments that will create a new town square for workers and residents alike. And The Connell Co. has already taken steps toward opening the campus to the public — from social events to gym memberships — all with a level of branding and merchandising that is unlike what you’d find at other commercial properties in the state.

Accordia grows Charlotte portfolio with 46,000 sq. ft. shallow-bay industrial deal

Accordia has made another acquisition outside New Jersey, adding more than 46,000 square feet of shallow-bay industrial space in suburban Charlotte, North Carolina.

TFE Properties adds 104,000 sq. ft. Brick Township retail center in JLL-brokered deal

An affiliate of TFE Properties has acquired a nearly 104,000-square-foot retail center in Brick Township, with plans to update the property to capitalize on its location off Route 70.

Owner of 100,000 sq. ft. Secaucus warehouse lands $15 million loan, G.S. Wilcox says

The owner of a single-tenant, 100,000-square-foot warehouse in Secaucus has secured $15 million in financing, in a deal arranged by G.S. Wilcox & Co.

Tenant of 39 years signs latest lease renewal at Sanzari’s Court Plaza in Hackensack

An attorney in Hackensack has signed her latest lease renewal with Alfred Sanzari Enterprises — her landlord of nearly 40 years — opting to stay in place at the firm’s Court Plaza complex.

Circulate NJ welcomes Solar Landscape, Casdale Energy Cost Management as newest members

Solar Landscape and Casdale Energy Cost Management have joined Circulate NJ, adding to the business coalition’s roster of top players in New Jersey’s industrial real estate sector.

Jay Lombardo of CJ Lombardo Co. begins tenure as NJAA board president (SLIDESHOW)

The New Jersey Apartment Association has welcomed Jay Lombardo of CJ Lombardo Co. as its board president for the next two years.

FanDuel unveils new 12,000 sq. ft. office in Jersey City’s Newport section

FanDuel has opened the doors to its new office in Jersey City, where it occupies 12,000 square feet in a location that’s home to some 400 employees.