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.

Professional Services
FirstService Residential announces promotion, new VP in lifestyle division

FirstService Residential has added to its executive leadership team in the region with the recent promotion of a longtime employee.

Top News
ACDEVCO launches billboard campaign honoring Atlantic City history, culture

A new billboard in Atlantic City will honor Jacob Lawrence, a city native and the influential 20th century artist, as part of a campaign highlighting the resort town’s heritage and culture. — Courtesy: ACDEVCO By Joshua Burd A developer that…

Office
JLL: Law firms extend, lease 34,000 sq. ft. at One Gateway in Newark

Two law firms have extended their lease at Newark’s Gateway complex, thanks in large part to a recently launched, high-profile transformation of the landmark office buildings.

Industrial
Sanzari, laboratory company sign 50,000 sq. ft. renewal in Elmwood Park

The nation’s largest specialty laboratory has renewed its lease at an Elmwood Park industrial building, in a newly completed transaction with Alfred Sanzari Enterprises.

Industrial
South Plainfield warehouse trades for $6.2 million, BRC says

A family business has sold its 57,000-square-foot warehouse in South Plainfield, in a nearly $6.2 million transaction arranged by Bussel Realty Corp.

Health Care & Education
Atkins acquires fully leased medical office building in Monroe

Atkins Cos. has added to its New Jersey medical office portfolio with the acquisition of a nearly 27,000-square-foot property in Middlesex County.

Retail
LMC: Food, beauty tenants lease 5,600 sq. ft. at Delran shopping center

Two food and beverage tenants and a beauty operator have leased a combined 5,600 square feet in Delran, joining the roster at a 215,000-square-foot shopping center off Route 130.

Industrial
NAI Hanson: Fastener business takes 21,000 sq. ft. at Edison industrial building

An industrial fastener business has leased nearly 21,000 square feet of warehouse and distribution space in Edison, brokers with NAI James E. Hanson announced Tuesday.

Deals
Nonprofit inks 22,000 sq. ft. lease in Hunterdon, CBRE says

A nonprofit social services organization is taking more than 20,000 square feet at a Hunterdon County office building, under a newly announced transaction by CBRE.

Residential & Mixed Use
Jersey City rental tower by Ironstate, KRE earns LEED certification

As renters flock to a new 46-story apartment tower in Jersey City, the U.S. Green Building Council has endorsed the project for its sustainable design and construction.