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
Renovation, expansion underway at boutique Morristown office building, C&W says

The Hampshire Cos. has launched a renovation and expansion of an office building in downtown Morristown, tapping Cushman & Wakefield as its leasing agent for the property.

Professional Services
BRC adds sales associate to brokerage division

Bussel Realty Corp. has added to its stable of brokers with the hiring of a new sales associate.

Retail
Education, automotive tenants take 16,000 sq. ft. at Monmouth retail project

A soon-to-be redeveloped retail property in Middletown has lured two new tenants, under a set of newly announced transactions by The Goldstein Group.

Industrial
Bloom Organization sells net-leased Pennsauken warehouse

An investment firm has acquired a nearly 40,000-square-foot warehouse in Camden County, brokers with Colliers International announced Monday.

Retail
NKF: Pizza operator coming to new-look Journal Square office building

A pizza concept is joining the retail mix at an office building in Jersey City, whose owner has committed more than $10 million to reposition and upgrade the nine-story property.

Professional Services
Partners in expanded, rebranded firm seeking to break the mold in New Jersey real estate law

Based in Newark, the newly minted Murphy Schiller & Wilkes LLP has built what it feels is a distinctive offering in New Jersey — a full-service, boutique commercial real estate law practice, but one that can match the depth and experience of an institutional firm.

Professional Services
Mandelbaum Salsburg announces new member in real estate group

Mandelbaum Salsburg P.C. has expanded its commercial real estate team with the hiring of a longtime industry attorney.

Residential & Mixed Use
Russo details 86,000 sq. ft. amenity package at sprawling Union rental project (SLIDESHOW)

Russo Development has taken the wraps off more than 80,000 square feet of amenity space at its new 415-unit luxury residential project in Union.

Finance & Capital Markets
Kennedy Funding closes $3 million loan for Belize resort development

Kennedy Funding has added to its international lending portfolio with the closing of a $3 million loan for a waterfront residential development in Belize.

Industrial
Machemer, Crow Holdings moving quickly to fill Northeast industrial pipeline

With its first project nearing completion and a tenant in hand, Crow Holdings Industrial is keenly focused on what comes next for its Northeast expansion strategy. The firm has a pipeline in the region amounting to more than 7 million square feet, with the potential to deliver much-needed warehouse and logistics space to a vastly undersupplied market.