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.

Industrial
Team Resources touts 62,000 sq. ft. in Bergen, Passaic industrial deals

A fruits and nuts distributor has leased more than 23,600 square feet at a Bergen County industrial building, in one of four newly announced transactions by Team Resources Inc.

Office
Avison Young: Tax service firm relocating, leasing 4,300 sq. ft. in Florham Park

A tax service firm is taking more than 4,000 square feet at a Florham Park office campus, under a newly completed transaction by Avison Young.

Industrial
Crow Holdings inks $164 million sale of new 925,000 sq. ft. warehouse in Franklin

An investment team led by Crow Holdings Industrial has sold a newly built, 925,000-square-foot warehouse in Franklin Township for $164 million.

Residential & Mixed Use
Woodmont breaks ground on 443-unit apartment project in West Windsor

Woodmont Properties has started construction at the site of a planned 443-unit, luxury apartment development in West Windsor.

Top News
Mack-Cali names new chair after board shakeup

A veteran development executive has taken over as board chair of Mack-Cali Realty Corp., following a proxy battle that ended last week with a victory by a dissident investor group.

Residential & Mixed Use
NJAA announces death of past president, longtime industry executive

The New Jersey Apartment Association is mourning the loss of a former president and longtime executive of the region’s multifamily industry.

Retail
Korean BBQ chain inks lease at Hahne & Co., bringing Newark building to 100 percent leased

The revitalized Hahne & Co. building in downtown Newark is now fully leased after a nearly 2,000-square-foot commitment by a growing Korean barbeque restaurant.

Residential & Mixed Use
Owner of Gloucester golf course sells two-acre parcel

A developer has acquired a two-acre portion of a golf course in Gloucester County, where plans call for the construction of a single residential dwelling.

Retail
A crucial step: How Larken Associates has helped restaurants prepare for outdoor dining

With outdoor dining set to begin Monday as part of New Jersey’s phased economic reopening, Larken Associates and other landlords have been preparing alongside their restaurant tenants.

Professional Services
NAI DiLeo-Bram hires veteran broker as senior vice president

NAI DiLeo-Bram & Co. has added to its team with the hiring of a veteran office and industrial broker in New Jersey.