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
Mount Laurel flex park fetches $10.7 million, Colliers says

A private investor has acquired a five-building, 96,000-square-foot office and flex park in Mount Laurel for nearly $11 million, brokers with Colliers International announced Monday.

Industrial
BRC: Health products manufacturer subleasing 65,000 sq. ft. in South Brunswick

A maker of health and beauty products will occupy nearly 65,000 square feet of industrial space in South Brunswick, under a newly announced sublease by Bussel Realty Corp.

Photos
Monmouth students win intercollegiate real estate competition

The Kislak Real Estate Institute at Monmouth University recently hosted its second annual Intercollegiate Real Estate Academic Competition, where students from the West Long Branch school won top honors among six teams that participated.

Industrial
Blackstone industrial arm adds two Linden properties, C&W says

Blackstone’s U.S. industrial real estate platform has expanded its New Jersey holdings, acquiring two fully leased Linden buildings with a combined 200,000 square feet.

Professional Services
EWMA announces three promotions on environmental team

Environmental consulting firm EWMA has made three promotions within its Parsippany headquarters.

Office
WCRE: Surgery center coming to 50,000 sq. ft. medical office complex in Voorhees

A surgical center has leased 10,000 square feet at a medical office complex in Voorhees, under a newly announced transaction by Wolf Commercial Real Estate.

Photos
Developer, public officials unveil veterans memorial at Fort Monmouth

RPM Development Group and other stakeholders have unveiled a new memorial at Fort Monmouth, paying homage to the historic former U.S. Army post and several military veterans with close ties to the region.

Industrial
CenterPoint adds Newark development site, plans 186,000 sq. ft. industrial project

CenterPoint Properties has acquired a nearly 13-acre development site in Newark, where it’s now planning more than 180,000 square feet of logistics space minutes from Port-Newark Elizabeth.

Industrial
Rockefeller touts $60 million sale of new Piscataway industrial building

Rockefeller Group is detailing the sale of a nearly 400,000-square-foot building within its new Piscataway industrial park, touting the deal as a sign of diversification within the asset class.

Office
JLL: Auto finance firm taking 14,000 sq. ft. in Paramus

An automobile finance provider is relocating within Paramus after signing a 14,000-square-foot lease at a soon-to-be-upgraded office building, brokers with JLL announced.