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
Hospice business takes 2,900 sq. ft. in Burlington

A hospice provider has leased nearly 3,000 square feet of office space in Burlington, according to brokers with Wolf Commercial Real Estate.

Office
Pharmacy provider inks office lease in Cherry Hill, Vantage RES says

A pharmacy provider is expanding into southern New Jersey with the completion of a new lease in Cherry Hill, under a transaction arranged by Vantage Real Estate Services.

Government & Public Policy
NJAA sounds alarm on rent repayment bill, citing unintended consequences

A new proposal by state lawmakers would require apartment landlords to set up payment plans with tenants who could not pay rent during the coronavirus crisis, but multifamily industry advocates are raising concerns about the bill’s unintended consequences.

Professional Services
DMR touts ongoing work in residential, public-sector projects during pandemic

DMR Architects is progressing on a host of residential, governmental and education projects in New Jersey, with design and construction ongoing in spite of the coronavirus crisis.

Industrial
Stro, bread distributor ink 24,000 sq. ft. lease in Hackensack

A bread manufacturer is relocating its New Jersey operations after signing a new 23,500-square-foot industrial lease in Hackensack.

Retail
Dry cleaner opens at Hoboken luxury rental building, its second Hudson County store

A locally owned dry cleaner has opened the doors to its second Hudson County location at a newly developed, 424-unit apartment building in western Hoboken.

Roundtable
How will COVID-19 impact multifamily design or operations?

How will COVID-19 impact multifamily design or operations? We assembled a panel of industry experts to tackle this month’s question.

Industrial
Duke eyes solar projects atop 1 million sq. ft. of New Jersey industrial space

Duke Realty Corp. has unveiled plans to install rooftop solar panels across nearly 1 million square feet of industrial space in New Jersey, the real estate investment trust announced.

Industrial
Fillo dough maker, distributor takes 27,000 sq. ft. in Northvale

A food manufacturer is set to expand in northern Bergen County after leasing more than 27,000 square feet of industrial space, brokers with Team Resources Inc. announced.

Industrial
Greek, importer sign 16,000 sq. ft. lease in East Brunswick, BRC says

An importer is taking 16,000 square feet at an East Brunswick industrial building, under a newly announced transaction by Bussel Realty Corp.