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: Lighting firm acquires South Hackensack building, relocating from NYC

A lighting company is relocating from Manhattan after acquiring a 20,000-square-foot industrial building in South Hackensack, in a newly announced deal by NAI James E. Hanson.

Office
Medical group takes 13,000 sq. ft. at new Cherry Hill medical office building

A newly completed medical office building in Cherry Hill in now fully leased after a nearly 13,000-square-foot transaction by Wolf Commercial Real Estate.

Office
Hampshire, Circle Squared debut Essex medical office building alongside hospital leaders

A new medical office building has opened its doors in suburban Essex County, allowing for the expansion of services at the adjacent Mountainside Medical Center and cementing a new investment opportunity for the development team behind the project.

Industrial
Investors acquire 149,000 sq. ft. Meadowlands property, CBRE says

An investment group has closed on its purchase of a 149,000-square-foot commercial property in Secaucus, in a newly completed transaction by CBRE.

Industrial
NAI Hanson: Three new tenants coming to Newark industrial complex

Three tenants have combined to lease more than 36,000 square feet at a sprawling industrial complex in Newark, under a series of deals by NAI James E. Hanson.

Professional Services
NAI Mertz adds sales associate at Mount Laurel headquarters

NAI Mertz has hired a new broker as the latest addition to its Mount Laurel office.

Office
Gateway 2.0: Inside the overhaul of Newark’s landmark office complex

Led by Onyx Equities, the redesign of Newark’s Gateway Center will transform the complex’s streetscape and busy pedestrian concourse, but the project is equally tied to improving the buildings’ long-neglected mechanical infrastructure.

Office
SJP, Oracle ink 17,000 sq. ft. lease at Bridgewater campus

Technology giant Oracle is relocating to SJP Properties’ five-building, 1.2 million-square-foot office campus in Bridgewater, where it’s leasing 17,000 square feet for a local field office.

Professional Services
Team Resources broker promoted to vice president

Team Resources Inc. has promoted one of its brokers to vice president, the Lyndhurst-based commercial real estate agency announced this week.

Retail
Moorestown retail center trades for $5.4 million, Rose Commercial says

An investor has acquired a nearly 25,000-square-foot shopping center in Moorestown, under a $5.4 million transaction arranged by Rose Commercial Real Estate.