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.

Government & Public Policy
Murphy announces $100 million rental assistance program

The state will provide at least $100 million in assistance to low- and moderate-income renters impacted by the COVID-19 crisis, under a program announced Friday by Gov. Phil Murphy.

Office
Design firm: Many office workers eager to return, but concerned about getting sick

A new survey has found that many workers are looking forward to going back to the office, but remain concerned about getting sick and not having enough personal space.

Office
WCRE inks sale of 3,400 sq. ft. office building in Mount Laurel

A law firm has acquired a 3,400-square-foot office building in Mount Laurel, under a newly announced transaction by Wolf Commercial Real Estate.

Office
Kimmerle touts design, build-out of law firm’s new 35,000 sq. ft. office in Cranford

A law firm has opened the doors to its new 35,000-square-foot headquarters in Cranford, following a design and fit-out overseen by Kimmerle Group.

Professional Services
Avison Young tenant, occupier solutions professional named principal

Avison Young has named a new principal in New Jersey, promoting an industry professional with more than a decade of experience in tenant representation and occupier solutions.

Editor’s Note
Thinking positively

Last month I alluded to how quickly things can change during a situation such as a pandemic, especially one that has so dramatically impacted our economy. That is certainly still the case in New Jersey, but the good news is that (as of now), things may be changing for the better.

Office
NAI Hanson inks four leases in Chester, bringing building to full occupancy

Four tenants have combined to lease more than 3,800 square feet at a Morris County office building, under a series of transactions arranged by NAI James E. Hanson.

Photos
REDCOM raises $2,500 for Westfield food drive

Executives and employees of REDCOM Design & Construction took part last week in a food drive in the firm’s hometown of Westfield, helping to raise $2,500 in donations.

Office
C&W preaches partnership between landlords, tenants in post-COVID office planning

Landlords and tenants may have different needs in the wake of COVID-19, but cooperation and communication will be key as both groups prepare for the post-pandemic workplace.

Office
Medical products, technology firm takes 44,000 sq. ft. at ex-Toys R Us campus in Wayne

A health care products company will be among the new tenants at the former Toys R Us headquarters campus in Wayne, where it’s slated to occupy nearly 45,000 square feet.