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
Sheldon Gross inks sale of industrial complex straddling Piscataway, Plainfield

An investment firm has acquired more than 135,000 square feet of industrial space on the border of Middlesex and Union counties, in a transaction arranged by Sheldon Gross Realty.

Retail
Realtors group acquires, plans headquarters at ex-Bennigan’s site in Bergen County

A realtors association has acquired a former restaurant building in Saddle Brook that it now plans to use as its future headquarters, according to brokers with The Goldstein Group.

Office
Office, retail property in Haddonfield trades for $750,000

A local investor has purchased a 6,400-square-foot mixed-use property in downtown Haddonfield, under a newly announced sale by Markeim Chalmers Inc.

Office
Three-building medical office campus in Clifton sells for $45 million

A private investor has acquired a three-building medical office campus in Clifton for $45 million, under a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
Hoboken Brownstone is making its mark in Jersey City, backed by 40 years of urban redevelopment expertise

With a tried and true formula that goes back 40 years, Hoboken Brownstone Co. now has a development and construction pipeline in Jersey City of more than 2,000 luxury apartments.

Office
Mack-Cali unveils new board nominees, with Mack set to step down as chairman

Mack-Cali Realty Corp. has unveiled a new slate of nominees for election to its board of directors, as longtime Chairman William L. Mack prepares to step down in conjunction with the company’s mandatory retirement age policy.

Office
NAI Hanson taps global network, secures new location for Park Ridge office tenant

A tenant at a Bergen County office building has found a new satellite office in North Carolina, under a newly announced transaction by NAI James E. Hanson.

People
Sanzari touts employee’s 35th anniversary with firm

Alfred Sanzari Enterprises is marking a key employee’s 35th anniversary with the firm.

Industrial
JLL: New Jersey industrial demand starts strong in Q1, faces new test from COVID-19

Industrial leasing stayed strong in New Jersey ahead of the COVID-19 outbreak, as experts now wait to determine the long-term impact of the pandemic on the state’s surging market for warehouse and distribution space.

Industrial
Self-storage, industrial building in West Caldwell trades for $19 million

A private investor has sold a mixed-use property in West Caldwell for more than $19 million, under a newly announced transaction by Marcus & Millichap.