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
Aspen, Devli acquire Monmouth office building from Mack-Cali for $26 million

A joint venture has acquired a Monmouth County office building from Mack-Cali Realty Corp., with plans to launch a series of upgrades at the nearly 190,000-square-foot complex.

Residential & Mixed Use
New apartments coming to site of iconic glass business in downtown Princeton

A development group led by a local family-owned business has broken ground on a project that will add six apartments to the site of historic glass business in downtown Princeton.

Office
WCRE: Engineering firm takes 2,400 sq. ft. in Cherry Hill for its first New Jersey office

An engineering firm is expanding into New Jersey with the completion of a nearly 2,400-square-foot lease in Cherry Hill, under a newly announced transaction by Wolf Commercial Real Estate.

Residential & Mixed Use
JLL inks 504-unit apartment sale in Rockland County

A joint venture has sold a 504-unit apartment complex about five miles north of the Bergen County border, in a transaction arranged by JLL’s Morristown-based capital markets team.

Industrial
Wig distributor takes 69,000 sq. ft. at newly delivered Meadowlands building

Duke Realty Corp. has brought a newly built, 194,000-square-foot industrial building in the Meadowlands to full occupancy after inking a lease with a wig manufacturer and distributor.

Retail
C&W named leasing agent at 200,000 sq. ft. Piscataway office building

The owner of a Piscataway office building has retained Cushman & Wakefield as its leasing agent, as it prepares to launch a series of renovations at the newly acquired property.

Retail
Teriyaki concept opens new store at Paramount-owned building in Newark

A fast casual restaurant chain is making its New Jersey debut in Newark, where it is leasing 2,000 square feet at a downtown location owned by Paramount Assets.

Retail
Pierson inks new North Jersey locations for restaurant, education tenants

A pair of New Jersey-based restaurant chains are expanding their fast-growing footprints in the state, under a series of newly announced transactions by Pierson Commercial.

Retail
LMC: Retailers confident, buoyed by early arrival of holiday shopping season

Retailers in and around New Jersey are optimistic heading into Black Friday, expecting sales to peak ahead of what will be a short window between Thanksgiving and Christmas.

Office
Investor sells West Orange office building, eyes redevelopment for remaining campus

An investment group has sold a 130,000-square-foot office building in West Orange, in a deal that comes two years after it acquired the property as part of a four-building office complex.