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
Onyx announces promotion, names senior VP of property management and construction

Onyx Equities has announced a key promotion as part of an expansion of its construction team and the ongoing growth of its portfolio of office buildings.

Industrial
Tulfra, Hampshire complete site work at Belleville project, as first tenants take occupancy

A self-storage facility and a convenience store are breathing new life into a 20-acre site in Belleville, marking the first pieces of a plan to redevelop a former Roche Diagnostics property.

Office
JLL inks 15,000 sq. ft. renewal for logistics tracking firm in Woodcliff Lake

A wireless logistics tracking company has made a new long-term commitment at a Woodcliff Lake office building, signing a lease extension for more than 15,000 square feet.

Retail
Hoboken childcare center adds sixth location, leases 14,000 sq. ft. at 7 Seventy House

A childcare center is taking more than 14,000 square feet at the base of a new luxury apartment building in Hoboken, brokers with Cushman & Wakefield announced Tuesday.

Retail
Marcus closes $1.7 million sale of Dunkin’ property

An investor has sold a net-leased Dunkin’ Donuts property in northern Connecticut for $1.7 million, in a transaction arranged by Marcus & Millichap’s New Jersey office.

Deals
Fulfillment business coming to renovated 355,000 sq. ft. warehouse in Pennsauken

The owner of a 355,000-square-foot industrial building in Pennsauken has added to its tenant roster, inking a 120,000-square-foot lease with an e-commerce fulfillment business.

Office
Prism inks 300,000 sq. ft. lease at ON3 with Japanese pharmaceutical company

A global pharmaceutical company is moving its U.S. headquarters to Prism Capital Partners’ ON3 campus, having signed a full-building lease for the site’s landmark 15-story office tower.

Top News
How will industrial building design, construction or functionality change in 2021?

How will industrial building design, construction or functionality change in 2021? We assembled a panel of industry experts to tackle this month’s question.

Professional Services
C&W names new director in New Jersey equity, debt team

Cushman & Wakefield has added to its capital markets team in New Jersey with one of its newest hires.

Residential & Mixed Use
Marcus inks $3.4 million sale of Belleville apartment buildings

A private investor has sold a two-building, 28-unit apartment portfolio in Belleville for nearly $3.5 million, in a transaction arranged by Marcus & Millichap.