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.

Top News
Mack-Cali details rent collections, construction activity during pandemic

Rent collections for Mack-Cali Realty Corp.’s office and residential holdings have held strong thus far, as the company works with tenants to navigate the COVID-19 economic crisis.

Industrial
Transportation, logistics firm takes 120,000 sq. ft. in Burlington County

The owner of a Burlington County industrial building has secured a commitment for more than 120,000 square feet, inking a lease with a specialty transportation and logistics firm.

Professional Services
Ware Malcomb announces new principal in Newark, New York offices

Design firm Ware Malcomb has named a new principal in its Northeast region.

Office
Landlord, brokers unveil new amenities slated for East Brunswick office tower (SLIDESHOW)

The owner of a prominent office tower in East Brunswick has taken the wraps off its plans to upgrade the property, while touting a recent uptick in leasing as a result of the investment.

Finance & Capital Markets
P3 Properties lands $60 million loan for Parsippany office acquisition

The buyer of a two-building, 550,000-square-foot office complex in Parsippany has secured nearly $60 million in financing, under a newly announced transaction by JLL.

Top News
Planned Cos. launches $500,000 relief fund for employees impacted by COVID-19

A Parsippany-based building services company has launched a $500,000 relief fund to support its employees during the coronavirus crisis.

Office
Investment firm adds 30,000 sq. ft. Red Bank office building

An investment firm has acquired a nearly 30,000-square-foot office building in Red Bank, with plans to upgrade the property with a focus on green initiatives and technology.

Office
McCarter extends 117,000 sq. ft. lease at Newark’s Gateway complex, Onyx says

One of the state’s largest law firms has extended its nearly 120,000-square-foot lease at Newark’s Gateway complex, whose ownership is planning a sweeping upgrade and expansion.

Industrial
Resource Realty touts $11.5 million in sales in northern, central New Jersey

A manufacturer has reaped $11.5 million from the sale of a 77,000-square-foot building in Union County, in the largest of several new deals by Resource Realty of Northern New Jersey.

Top News
Villanova students win top spot in annual NAIOP college case study competition

A team of Villanova University students took top honors for this year’s NAIOP New Jersey case study competition, offering a winning plan to repurpose a former silk mill in Paterson.