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
CBRE named co-subleasing agent at Bridgewater office campus

CBRE has landed a new assignment as the co-subleasing agent for a three-building, 674,000-square-foot office campus in Bridgewater.

Retail
Madison retail property sells for $5.9 million, Marcus says

A buyer has paid nearly $6 million to acquire a roughly 10,000-square-foot retail property in Madison, under a sale arranged by Marcus & Millichap.

Industrial
Pharma tenant expands, takes 10,000 sq. ft. in Rahway, Zimmel says

A pharmaceutical manufacturer is tripling its footprint in Rahway, having inked a 10,000-square-foot expansion at a five-building industrial park.

Office
Cherry Hill office tenant signs 5,500 sq. ft. renewal

A tenant at a Cherry Hill office building has renewed its 5,500-square-foot lease, according to brokerage firm Rose Commercial Real Estate.

Top News
Sharbell’s iconic ‘town center’ in Robbinsville, 25 years in the making, is a model for mixed-use

Tom Troy, president of Sharbell Development Corp., has been with the firm since 1987 and has helped spearhead its development of the landmark Washington Town Center project in Robbinsville. — Photo by Aaron Houston for Real Estate NJ By Joshua…

Government & Public Policy
Murphy taps developers, industry leaders economic recovery council

Gov. Phil Murphy has tapped more than three dozen development executives, labor leaders and other industry professionals as part of a new council to help restart New Jersey’s economy.

Industrial
North Bergen industrial asset fetches $9.6 million, Connors Agency says

An 80,000-square-foot industrial building in Hudson County has changed hands for nearly $10 million, under a newly completed transaction by the William F. Connors Agency.

Retail
Chicken wing chain inks lease for Camden County pad site

A chicken wing chain is adding a new build-to-suit location in Camden County, following a transaction arranged by brokers with Vantage Real Estate Services.

Retail
Woodland Park retail center changes hands, Colliers says

A special servicer has sold a 50,000-square-foot retail complex in Woodland Park, brokers with Colliers International announced Thursday.

Retail
Retail, office building in South Orange trades for $11.6 million, Kislak says

A mixed-use property in downtown South Orange has changed hands for $11.6 million, in a newly announced transaction by The Kislak Co.