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

Vantage RES: Dentist buys Voorhees office building, plans first New Jersey location

A dental practice has expanded into New Jersey with its acquisition of a Voorhees office building, under a transaction arranged by Vantage Real Estate Services.

Office

NAI Mertz named leasing agent at 120,000 sq. ft. office building in Westmont

The owner of a Camden County office building has tapped NAI Mertz as its leasing agent, touting a location adjacent to rail service and a new $50 million town center development.

NJBA, NAIOP postpone events amid coronavirus concerns

The escalating coronavirus crisis rippled through New Jersey’s commercial real estate sector on Thursday, as two top trade associations were among those to postpone upcoming events.

Industrial

Investors acquire Elmwood Park industrial building

An investment group has acquired a 132,000-square-foot industrial building in Elmwood Park, in a newly completed transaction by Chaus Realty and America East Real Estate.

Finance & Capital Markets

Provident to acquire SB One in $209 million bank merger

The parent company of Provident Bank is set to acquire SB One Bancorp, paving the way for what would be the third-largest lending institution in New Jersey.

Industrial

Developer acquires site for 30,000 sq. ft. warehouse in Sparta

A developer has acquired two parcels in Sparta, where it will build a speculative 30,000-square-foot warehouse within a fast-growing industrial park.

Retail

Goldstein Group inks 7,800 sq. ft. retail sale in Midland Park

A nearly 8,000-square-foot retail building in Midland Park has changed hands, under a newly announced transaction by The Goldstein Group.

Residential & Mixed Use

Final phase of Wood-Ridge transit village project secures site plan approval

A development team has secured a key approval for the final piece of a long-running plan to transform a piece of the former Curtiss-Wright aircraft plant in Wood-Ridge.

Professional Services

Langan promotions include seven in New Jersey

Langan Engineering & Environmental Services has announced 17 promotions across its U.S. footprint, including seven within its New Jersey offices.

Finance & Capital Markets

Parkview inks $56 million loan for Elizabeth rental project

A developer has secured a $56 million loan for its plan to build 274 apartments at the site of a former hospital in Elizabeth, under a newly completed transaction by Parkview Financial.