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.

Residential & Mixed Use
New Brunswick PAC, ‘the best example of what redevelopment can do,’ opens its doors

The long-awaited New Brunswick Performing Arts Center has opened its doors, marking the debut of a $172 million, mixed-use project that is poised to transform the city’s acclaimed arts district.

Residential & Mixed Use
Essex County rental properties trade for $26.4 million

More than 200 apartments have changed hands in Essex County for a combined $26.4 million, under a series of newly announced transactions by Marcus & Millichap.

Professional Services
Avison Young hires tenant rep specialist as newest principal in New Jersey

Avison Young has deepened its bench in New Jersey with the hiring of a longtime tenant representation specialist.

Industrial
New York firm acquires Rockaway industrial complex

New York-based real estate investment company Davco Group has acquired a six-building complex in Rockaway from The Silverman Group, in a sale orchestrated by Cushman & Wakefield.

Retail
NAI Hanson inks 6,000 sq. ft. retail sale in Lake Hopatcong

A multitenant, 6,000-square-foot retail property in Lake Hopatcong has changed hands, following a transaction arranged by NAI James E. Hanson.

Office
Bohler relocating headquarters, takes 35,000 sq. ft. in Warren

Bohler Engineering has leased more than 35,000 square feet in Warren as part of a plan to relocate its headquarters within the township, brokers with JLL said Tuesday.

Office
CBRE named leasing agent at new-look Piscataway office complex (SLIDESHOW)

Keystone Property Group has taken the wraps off its newly renovated, 685,000-square-foot office complex in Piscataway, where CBRE now serves as the landlord’s leasing agent.

Residential & Mixed Use
Harrison rental project hits leasing milestone, developers say

A development team is hailing a leasing milestone at a new luxury apartment building in Harrison, where renters have snatched up more than two-thirds of the available 257 units.

Industrial
Colliers inks $3.7 million sale of Pennsauken warehouse

A hair care and tool manufacturer has acquired a 58,000-square-foot warehouse in Pennsauken, under a newly announced transaction by Colliers International.

Industrial
Irvington warehouse trades for $2.73 million

A nearly 26,000-square-foot warehouse in Irvington has changed hands for more than $2.7 million, under a transaction arranged by The William F. Connors Agency.