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
Wealth manager, IT consultant take 9,200 sq. ft. in East Hanover

Two tenants have combined to lease 9,200 square feet of office space in Morris County, under a newly announced transaction by Sheldon Gross Realty.

Retail
NIA National touts 724 sq. ft. lease for Bergen County ice cream shop

A custom ice cream sandwich shop has opened its doors in Westwood after agreeing last year to a 724-square-foot lease in the borough.

Office
NKF: New Jersey office market stalls in Q2 as tenants grapple with COVID crisis

Office leasing in New Jersey slowed significantly in the second quarter, with renewals and extensions accounting for most of the activity as tenants navigated the coronavirus crisis.

Office
Investor buys Mount Laurel office campus, its latest New Jersey acquisition

An investment firm has acquired a four-building, 234,563-square-foot office campus in Mount Laurel, with plans to rebrand and upgrade at the property as it looks to attract new tenants.

Finance & Capital Markets
G.S. Wilcox secures $6 million for developer of Springfield Wawa

A developer has landed $6 million in financing for a newly opened Wawa gas station and convenience store in Springfield, G.S. Wilcox & Co. announced Wednesday.

Top News
Woodmont honored as top New Jersey workplace

Woodmont Properties has earned recognition as a top employer in New Jersey as part of an employee engagement survey conducted by a statewide media outlet.

Residential & Mixed Use
Move-ins underway at 99-unit building in historic Jersey City neighborhood

A new 99-unit luxury apartment building in Jersey City has started to welcome its first residents.

Office
Larken, dermatology practice ink 1,300 sq. ft. lease in Parsippany

Larken Associates has completed a 1,343-square-foot lease in Parsippany with a growing dermatology practice.

Retail
CVS opens at Russo’s sprawling mixed-use project in Union

CVS Pharmacy has opened its doors at Russo Development’s new mixed-use property in Union, joining several other retailers serving hundreds of new apartments and Kean University.

Event Coverage
United Way event features media icon Forbes, honors high-profile Warren office deal

The United Way of Northern New Jersey hosted its annual fundraiser with the commercial real estate industry, which featured an interview with media icon Steve Forbes and the presentation of its Impact Award to one of the state’s most high-profile office deals of 2019.