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
Onyx-led group seals purchase of 10-building Morris County portfolio from Mack-Cali

A joint venture led by Onyx Equities has closed on its $158 million purchase of a 10-building, 1.5 million-square-foot office portfolio in Parsippany and Madison from Mack-Cali Realty Corp.

Office
Highstone taps JLL to lease 141,000 sq. ft. office building in Ramsey

An investment firm has picked JLL as its leasing agent at a newly upgraded, 141,000-square-foot office building in Ramsey.

Professional Services
B6 adds broker to lead Bergen County investment sales

B6 Real Estate Advisors has expanded its New Jersey team with the addition of a broker focused on investment sales in Bergen County.

Industrial
Marcus brokers sale of 45,000 sq. ft. flex industrial complex in Toms River

A private buyer has purchased a two-building, 45,000-square-foot flex industrial property in Toms River, brokers with Marcus & Millichap announced Wednesday.

Office
NAI Mertz named leasing agent at Bellmawr office building

The new owner of a Camden County office building has tapped NAI Mertz as its leasing agent, as it embarks on a set of improvements at the 40,000-square-foot property.

Professional Services
Garibaldi Group announces new, multigenerational leadership structure

The Garibaldi Group has made a major change to its leadership structure, including a move that brings the firm’s fourth generation into the uppermost ranks of its management team.

Professional Services
Dobco taps Kimmerle Newman Architects to help reposition ex-Toys R Us campus

The owner of the former Toys R Us headquarters site in Wayne has hired Kimmerle Newman Architects to help it reinvent the three-building, 191-acre office campus.

Office
JLL: Data backup, restoration firm extends, expands to 60,000 sq. ft. in Englewood Cliffs

A data backup and restoration provider is doubling its footprint in Englewood Cliffs, where it’s set to occupy 60,000 square feet within a four-building office complex.

Office
Avison Young named leasing agent at Metropark office building

The new owner of a nine-story office building in Woodbridge has tapped Avison Young as its leasing agent, following the brokerage team’s success at a large campus in Morris County.

Retail
Net-leased retail property in Burlington fetches $1.3 million, Marcus says

A private investor has acquired a net-leased dollar store property in Burlington County for $1.3 million, under a newly announced transaction by Marcus & Millichap.