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.

Top News
Hampshire announces new head of development

The Hampshire Cos. has named a new head of development, tapping one of its longtime professionals to spearhead its growing pipeline in New Jersey and nationally.

Residential & Mixed Use
Jersey City: Developers partner with Lyft at new 260-unit apartment complex

The developers of a new luxury apartment building in Jersey City have inked a partnership with Lyft, adding the ridesharing service to a host of other transportation options.

Industrial
Auto parts distributor, dealer takes 25,000 sq. ft. in Belleville

An automotive parts company has leased 25,000 square feet at a warehouse in Belleville, under a newly announced transaction by Team Resources Inc.

Industrial
Denholtz, natural gas supplier ink 11,000 sq. ft. lease at Orlando property

Denholtz Properties has completed a nearly 11,000-square-foot lease in Orlando with one of Florida’s largest suppliers of natural gas, the Red Bank-based firm said Tuesday.

Office
Edgewood acquires 104,000 sq. ft. office building in South Plainfield, JLL says

Edgewood Properties has acquired a vacant 104,020-square-foot office building in South Plainfield, the highly visible site of a former headquarters property along Interstate 287.

Professional Services
Riding the wave: Booming multifamily sector has fueled the latest growth spurt for Planned Cos.

With roots that date back more than 100 years, a Parsippany-based firm that provides janitorial, security, concierge and other services has seen its business spike in recent years amid the wave of new construction and new ownership within the multifamily space.

Residential & Mixed Use
Walters debuts 64-unit project at ex-factory site in Burlington

Walters has completed its redevelopment of a former pipe factory in Burlington County, delivering a 64-unit income-restricted community steps from NJ Transit rail service.

Office
Bergman touts promotion within leasing, marketing team

Bergman Real Estate Group has promoted a member of its leasing team, touting her role in growing occupancy and tenant retention within its 17-building office portfolio.

Retail
Jeffery: Burlington Coat Factory takes 47,000 sq. ft. in Union

Burlington Coat Factory has leased nearly 47,000 square feet at a former Toys R Us and Babies R Us location in Union, the largest among several newly announced deals by Jeffery Realty.

Retail
Salon operator takes 1,600 sq. ft. in Green Brook, Boniakowski says

A nail and day spa operator has leased 1,600 square feet in Green Brook, under a newly announced transaction by the Boniakowski Commercial Real Estate Group.