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
Logistics firm inks 96,000 sq. ft. sublease in Moonachie

A logistics firm for the fashion and lifestyle industry is taking more than 95,000 square feet of warehouse space in Moonachie, brokers with Team Resources Inc. announced.

Office
Vantage RES: Dentist buys Voorhees office building, plans first New Jersey location

A dental practice has expanded into New Jersey with its acquisition of a Voorhees office building, under a transaction arranged by Vantage Real Estate Services.

Office
NAI Mertz named leasing agent at 120,000 sq. ft. office building in Westmont

The owner of a Camden County office building has tapped NAI Mertz as its leasing agent, touting a location adjacent to rail service and a new $50 million town center development.

Top News
NJBA, NAIOP postpone events amid coronavirus concerns

The escalating coronavirus crisis rippled through New Jersey’s commercial real estate sector on Thursday, as two top trade associations were among those to postpone upcoming events.

Industrial
Investors acquire Elmwood Park industrial building

An investment group has acquired a 132,000-square-foot industrial building in Elmwood Park, in a newly completed transaction by Chaus Realty and America East Real Estate.

Finance & Capital Markets
Provident to acquire SB One in $209 million bank merger

The parent company of Provident Bank is set to acquire SB One Bancorp, paving the way for what would be the third-largest lending institution in New Jersey.

Industrial
Developer acquires site for 30,000 sq. ft. warehouse in Sparta

A developer has acquired two parcels in Sparta, where it will build a speculative 30,000-square-foot warehouse within a fast-growing industrial park.

Retail
Goldstein Group inks 7,800 sq. ft. retail sale in Midland Park

A nearly 8,000-square-foot retail building in Midland Park has changed hands, under a newly announced transaction by The Goldstein Group.

Residential & Mixed Use
Final phase of Wood-Ridge transit village project secures site plan approval

A development team has secured a key approval for the final piece of a long-running plan to transform a piece of the former Curtiss-Wright aircraft plant in Wood-Ridge.

Professional Services
Langan promotions include seven in New Jersey

Langan Engineering & Environmental Services has announced 17 promotions across its U.S. footprint, including seven within its New Jersey offices.