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.

People
Sanzari announces promotion to commercial property manager

Alfred Sanzari Enterprises has promoted a member of its property management team, expanding her role in overseeing its 2 million-square-foot commercial holdings.

Office
Onyx unveils renderings, teases redesign of Gateway overhaul in Newark

Onyx Equities is taking the wraps off its long-awaited plans for the Gateway office complex in Newark, with a design that calls for new public spaces, retail and dining options that will transform its busy commuter concourse and the surrounding streets.

Industrial
C&W: Forsgate, Goodwill ink 126,000 sq. ft. lease at new South Hackensack warehouse

A regional Goodwill organization has signed a full-building, 125,500-square-foot lease at a South Hackensack industrial property, where it now plans to open a new outlet location.

Professional Services
Greenbaum Rowe bolsters environmental group, names new partner

Greenbaum, Rowe, Smith & Davis LLP has named a new partner in its environmental department as part of several new additions to the practice.

Deals
Telecom firm takes 3,000 sq. ft. at upgraded Parsippany building, NAI Hanson says

A high-tech telecommunications firm has leased more than 3,000 square feet at a newly revamped office building in Parsippany, brokers with NAI James E. Hanson announced.

Industrial
BRC inks sale of two-acre development site in Edison

A commercial development site in Edison has changed hands for more than $1 million, in a newly completed transaction by Bussel Realty Corp.

Residential & Mixed Use
Prism breaks ground on 232-unit rental project at Woodbridge train station

Construction is underway at the former site of an auto dealership in downtown Woodbridge, where Prism Capital Partners is building 232 apartments and ground-floor retail space.

Industrial
Denholtz adds 69,000 sq. ft. industrial building in Eatontown, Zimmel says

Denholtz Properties has acquired a nearly 70,000-square-foot industrial building in Eatontown, under a newly completed transaction by Zimmel Associates.

Professional Services
IBS names new vice president of sales, marketing

Integrated Business Systems has hired a new vice president of sales and marketing, as it seeks to tap into the growing demand for real estate technology solutions.

Retail
LMC: Specialty pet bakery opens 2,500 sq. ft. store in Bridgewater

A specialty pet shop has opened the doors to a new 2,500-square-foot store in Bridgewater, offering a selection of baked goods and other items for dogs.