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
NAI Hanson: Furniture installer inks 120,000 sq. ft. warehouse lease in Parsippany

An office furniture company is taking nearly 120,000 square feet of industrial space in Parsippany, in a newly announced lease by NAI James E. Hanson.

Retail
Dollar Tree takes 12,000 sq. ft. at Springfield retail center, Jeffery says

Dollar Tree has added another location in New Jersey with the signing of a roughly 12,000-square-foot lease at a Springfield shopping center.

People
Larken Associates names chief HR officer

Larken Associates has named a new chief human resources officer as it looks ahead to its continued growth and hiring strategy.

Industrial
Vineland industrial property sells for $23 million, CBRE says

A private equity firm has acquired a 432,000-square-foot industrial building in Vineland for more than $23 million, under a newly completed transaction by CBRE.

Office
Onyx announces promotion, names senior VP of property management and construction

Onyx Equities has announced a key promotion as part of an expansion of its construction team and the ongoing growth of its portfolio of office buildings.

Industrial
Tulfra, Hampshire complete site work at Belleville project, as first tenants take occupancy

A self-storage facility and a convenience store are breathing new life into a 20-acre site in Belleville, marking the first pieces of a plan to redevelop a former Roche Diagnostics property.

Office
JLL inks 15,000 sq. ft. renewal for logistics tracking firm in Woodcliff Lake

A wireless logistics tracking company has made a new long-term commitment at a Woodcliff Lake office building, signing a lease extension for more than 15,000 square feet.

Retail
Hoboken childcare center adds sixth location, leases 14,000 sq. ft. at 7 Seventy House

A childcare center is taking more than 14,000 square feet at the base of a new luxury apartment building in Hoboken, brokers with Cushman & Wakefield announced Tuesday.

Retail
Marcus closes $1.7 million sale of Dunkin’ property

An investor has sold a net-leased Dunkin’ Donuts property in northern Connecticut for $1.7 million, in a transaction arranged by Marcus & Millichap’s New Jersey office.

Deals
Fulfillment business coming to renovated 355,000 sq. ft. warehouse in Pennsauken

The owner of a 355,000-square-foot industrial building in Pennsauken has added to its tenant roster, inking a 120,000-square-foot lease with an e-commerce fulfillment business.