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
Laboratory plastics maker acquires 30,000 sq. ft. warehouse in Woodbridge

A manufacturing company has acquired a 30,000-square-foot industrial building in Woodbridge, in a newly announced transaction by NAI James E. Hanson.

Office
Wall office tenants renew for 4,700 sq. ft. in leasing activity, Sheldon Gross says

Two tenants have signed renewals at a Wall Township office building, accounting for nearly 4,700 square feet of combined leasing activity by Sheldon Gross Realty.

Office
C&W inks sale of 169,000 sq. ft. Mack-Cali building in Florham Park

Mack-Cali Realty Corp. has shed another suburban office building in Morris County, inking the sale of a nearly 170,000-square-foot property in Florham Park.

Residential & Mixed Use
Brookfield, G&S Investors debut 432 apartments in Jersey City, completing two-tower project

Brookfield Properties has completed the second of two large residential towers in Jersey City, bringing another 432 luxury apartments to the city’s booming waterfront.

Finance & Capital Markets
JLL inks $25 million loan for 706,000 sq. ft. industrial building in Secaucus

The owner of a nearly 710,000-square-foot industrial building in Secaucus is refinancing the property for $25 million, under a newly announced transaction by JLL.

Finance & Capital Markets
Procida closes $9.5 million in loans for Paterson multifamily projects

The developer of two new apartment buildings in Paterson has secured more than $9.5 million in financing for the projects, in a set of newly completed transactions by Procida Funding.

Industrial
Sanzari adds 79,000 sq. ft. industrial building in Bergen County

Alfred Sanzari Enterprises has added to its portfolio with the acquisition of a fully leased, 78,650-square-foot industrial building in northern Bergen County.

Office
Vantage RES named leasing agent at 150,000 sq. ft. Cherry Hill office complex

The owner of a 150,000-square-foot office complex in Cherry Hill has tapped Vantage Real Estate Services as its leasing agent.

Hospitality & Tourism
Buyer wanted for well-known Meadowlands hotel, JLL says

A well-known hotel in East Rutherford is on the market for sale, brokers with JLL announced, touting its highly visible location and the potential to convert it to a residential building.

Industrial
Saxum launches cold storage platform, details new projects in key U.S. markets

Saxum Real Estate is making a major push into the cold storage sector, as it looks to tap into demand for an underserved segment of the industrial market.