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.

Retail
Sanzari, dental practice sign 3,000 sq. ft. lease renewal at Hackensack retail center

Alfred Sanzari Enterprises has signed a nearly 3,000-square-foot lease renewal to keep a national dental practice in place at its Summit Plaza property in Hackensack.

Retail
Goldstein Group: New Chase bank branch arrives on Route 22 in Union

A new Chase bank branch has opened on Route 22 in Union after a deal arranged by The Goldstein Group and Donovan Real Estate Services.

Office
All inclusive: How Fidelco is using shared amenities, diverse tenant mix to revive Newark office tower

Fidelco Realty Group is bringing new life to an iconic Newark office building, thanks in part to its pursuit of a diverse tenant mix, recognizing a burgeoning demand for smaller, flexible spaces and coworking environments and welcoming an eclectic group of businesses and nonprofits.

Residential & Mixed Use
JLL: Buyer wanted for Connecticut townhome complexes with combined 406 units

Two high-end townhome complexes in Greenwich, Connecticut, are on the market for sale by way of new listings by JLL’s Morristown-based capital markets team.

Professional Services
NAI Hanson’s Horning earns prestigious SIOR designation

NAI James E. Hanson broker Randy Horning has earned the SIOR designation from the global Society of Industrial and Office Realtors, achieving a new milestone in his 18-year career.

Community
Community Builders pledges $60,000 to Morris Arts in new three-year commitment

Construction firm Community Builders has made a three-year, $60,000 pledge of support to Morris Arts, continuing its commitment to the organization and its growing slate of events.

Office
Atkins, Denholtz bolster operations and finance teams at Westchester health care campus

Atkins Cos. and Denholtz have hired Tyler Kelsey as operations manager and Priscilla Paredes as a property accountant at a 490,000-square-foot office building in Westchester County.

Residential & Mixed Use
Newark Museum joins LMXD, MCI to break ground on 250 apartments, new artist spaces

Construction is underway on a project that will expand the footprint of The Newark Museum of Art, infusing the property with new mixed-income housing and public and exhibitions spaces.

Residential & Mixed Use
Hampshire launches leasing at new 270-unit luxury rental building in downtown Hackensack

Leasing is underway at Ora, a new 270-unit luxury apartment building that The Hampshire Cos. unveiled late last year in downtown Hackensack.

Finance & Capital Markets
Donato Group refinances multitenant, 72,000 sq. ft. industrial building in Freehold, JLL says

The Donato Group has refinanced a nearly 72,000-square-foot industrial building along Route 33 in Freehold, securing a five-year loan from TriState Capital Bank.