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.

Industrial
Richards & Robbins fills 7,300 sq. ft. at Fairfield industrial building, RRNNJ says

Richards & Robbins has secured another tenant in Fairfield with a new industrial lease for nearly 7,300 square feet, in a deal arranged by Resource Realty of Northern New Jersey.

Industrial
Sitex marks lease-up of 130,000 sq. ft. Edison industrial portfolio after sweeping update

Sitex Group has leased up a three-building, 130,000-square-foot industrial complex in Edison after a multiyear plan to modernize the portfolio.

Industrial
CBRE: Buyer wanted for 400-acre development site at Sayreville’s Hercules property

A massive piece of the former Hercules Inc. property in Sayreville is on the market for sale, with zoning in place for warehousing, data centers and other uses across some 400 acres.

Health Care
Stone Creek tapped to transform three United Vein & Vascular Centers in North Jersey

A vein and vascular care practice has picked Stone Creek Construction Group to renovate three of its facilities in northern New Jersey, adding to the contractor’s growing health care pipeline.

Industrial
PNK Group breaks ground on 268,000 sq. ft. industrial project in Camden County

Construction is underway on a 268,000-square-foot industrial facility in Camden County’s Waterford Township.

Finance & Capital Markets
Marcus Partners inks construction loan for 72,000 sq. ft. Hanover warehouse project, JLL says

Marcus Partners has closed on construction financing for a project that will bring 72,000 square feet of new industrial space to Hanover, brokers with JLL announced Tuesday.

Office
CPN: Orthodontist signs new 1,100 sq. ft. deal in Pennington after buying existing practice

An orthodontist has signed a new lease at a Pennington office building after acquiring a practice long based at the property, in a deal arranged by Commercial Property Network Inc.

Office
Leonia office building with new adult daycare center listed for sale for $15 million, C&W says

The owner of a Bergen County office building that will house an adult daycare center has listed the property for sale, in a newly announced offering by Cushman & Wakefield.

Finance & Capital Markets
Paragano, longtime acquisitions specialist, joins JLL debt and equity group in New Jersey

JLL has strengthened its Morristown-based capital markets team with the hiring of Nazario Paragano, a veteran of several well-known commercial real estate firms in New Jersey.

Industrial
NAIDB marketing Union Township warehouse, flex spaces totaling 28,000 sq. ft.

The owner of a Union Township industrial building is looking to fill more than 28,000 square feet, working alongside a leasing team with NAI DiLeo-Bram & Co.