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
Vision details lobby upgrades, overhaul at Parsippany office building (SLIDESHOW)

Vision Real Estate Partners has unveiled its newly redesigned lobby and other upgrades as part of its plan to overhaul a 225,550-square-foot office building in Parsippany.

Industrial
CBRE: Investment firm diversifies, acquires 207,000 sq. ft. warehouse in Northvale

A longtime multifamily investor is expanding into the industrial space, acquiring a 207,000-square-foot warehouse property in Northvale for nearly $18 million.

Professional Services
NAI Hanson hires associates in industrial, corporate services

NAI James E. Hanson has announced two new hires at its Teterboro headquarters.

Professional Services
Bertone Piccini announces two new partners with real estate ties

Boutique law firm Bertone Piccini LLP has named two new partners whose practice areas include commercial real estate and related fields.

Sponsored Content
Prepping Real Estate Firms for an Economic Downturn

Some experts say there is a good chance an economic downturn or recession will happen within the next two years, making it logical to begin bolstering protections. What steps can real estate professionals take now that will help them get through a recession and come out the other end even stronger?

Industrial
CBRE inks 279,000 sq. ft. cold storage lease in Carteret

A cold storage provider has leased nearly 280,000 square feet in Carteret, under one of several newly announced transactions by brokers with CBRE.

Retail
Advance lands $72.5 million loan for mall redevelopment in Morris County

Advance Realty Investors has obtained a $72.5 million construction loan that will pave the way for it to transform an aging mall in western Morris County, Cushman & Wakefield announced.

Office
Summit Medical inks $140 million sale of flagship medical office campus

Summit Medical Group has sold its flagship 270,000-square-foot medical office campus in Berkeley Heights, where it is now a tenant as part of a sale-leaseback agreement.

Sponsored Content
Keys to CBRE’s successful property management strategy

Over the past two decades, property management has evolved into a science requiring expertise in a variety of disciplines — from capital allocation to engineering and business development. Success requires a strong team of professionals and a thorough understanding of each and every asset under management.

Professional Services
Sheldon Gross expands sales team with latest hire

Sheldon Gross Realty Inc. has added to its brokerage team with the hiring of a new corporate sales representative.