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
Meadowlands chamber unveils new headquarters, meeting space of the future

The Meadowlands Chamber has opened the doors to a new headquarters and visitors center in Lyndhurst, debuting a space with high-end technology and modern meeting rooms that will help expand the resources for businesses in the region.

Residential & Mixed Use
Jersey City, developers eye 1.5-acre park space for new residential neighborhood

Developers and local officials have broken ground on a new $2 million park in Jersey City that will look to be a focal point for an emerging residential neighborhood.

Office
Paramount, nonprofit ink 20,000 sq. ft. lease in Newark

A nonprofit is relocating within Newark to a building owned by Paramount Assets, under a newly announced 20,000-square-foot lease with the real estate investment firm.

Industrial
NAI Hanson: Blackstone industrial platform adds 130,000 sq. ft. building in North Bergen

Blackstone has added to its New Jersey holdings with the acquisition of a 130,000-square-foot industrial building in North Bergen, brokers with NAI James E. Hanson announced.

Deals
JLL inks sale of 105,000 sq. ft. Parsippany office building

A private regional investor has acquired the Parsippany office building that is home to T-Mobile’s regional headquarters, under a newly announced transaction by JLL.

Professional Services
Weichert Commercial names new senior vice president on brokerage team

Weichert Commercial Brokerage Inc. has bolstered its team with the addition of a veteran broker, one who specializes in gas stations and convenience store properties.

Office
Environmental, engineering firm takes 8,900 sq. ft. at Hopewell campus, C&W says

A professional services firm is relocating its regional office as part of a nearly 9,000-square-foot lease in Hopewell, under a newly announced transaction by Cushman & Wakefield.

Industrial
JLL inks $19.4 million sale of CBS Broadcasting building in Metropark

A newly renovated light industrial building within the Metropark section of Woodbridge has changed hands, following a $19.35 million transaction arranged by JLL.

Industrial
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Retail
Dental practice takes 2,300 sq. ft. in Glen Rock, NAI Hanson says

A pediatric dental practice is leasing 2,300 square feet of retail space at a mixed-use building in Glen Rock, brokers with NAI James E. Hanson announced Wednesday.