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.

Cover Story
Next generation joins veteran leaders at G.S. Wilcox & Co., as firm marks 25 years in business

As it marks its 25th anniversary, G.S. Wilcox & Co. is celebrating not only record business, but the arrival of a new generation that is poised to lead the firm for decades to come.

Retail
CBRE: Retailers turning to in-store fulfillment, extra staffing amid holiday crush

This year’s shortened holiday shopping season has placed added pressure on retailers and their shipping partners, prompting new in-store solutions for delivery and returns and the need to hire additional seasonal workers for distribution and fulfillment.

Deals
Whippany motel fetches $4 million, Newmark says

A motel and restaurant property in Hanover has changed hands for just over $4 million, under a newly announced transaction by Newmark Associates.

Top News
LMC touts flurry of post-Labor Day leasing for discounters, restaurants

Off-price brands, dining and personal services have fueled retail leasing since Labor Day, Levin Management Corp. said, touting nearly 200,000 square feet of activity over the past 90 days.

Professional Services
McLaren COO honored as woman of influence by YWCA

The YWCA’s Northern New Jersey chapter has recognized a top executive at McLaren Engineering Group, citing her success in her field and contributions to her community.

Retail
Vantage RES: Bridal boutique takes 800 sq. ft. at Cherry Hill center

A bridal boutique is expanding its footprint in southern New Jersey with the completion of a new lease in Cherry Hill, according to Vantage Real Estate Services.

Professional Services
With Whole Foods coming to Jersey City, hometown engineering team plays key role

In a Jersey City building, the place where you park your Lexus is going to become the place where you pick up lettuce — a change that has required the help of a locally based engineering team.

Professional Services
JLL hires senior VP to lead property management in New Jersey

A former longtime manager and executive at JLL is returning to the firm to lead its New Jersey property management business.

Industrial
Zimmel touts sale of 67,000 sq. ft. Edison warehouse

A commercial real estate firm has sold a nearly 67,000-square-foot industrial building in Edison, in a transaction brokered by Zimmel Associates and Stricker Realty.

Office
NKF closes sale of Westchester County office complex

An investment firm has acquired a 179,000-square-foot office park in Westchester County, in a transaction arranged by Newmark Knight Frank’s New Jersey-based capital markets team.