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.

Professional Services
Weichert Commercial names new senior vice president on brokerage team

Weichert Commercial Brokerage Inc. has bolstered its team with the addition of a veteran broker, one who specializes in gas stations and convenience store properties.

Office
Environmental, engineering firm takes 8,900 sq. ft. at Hopewell campus, C&W says

A professional services firm is relocating its regional office as part of a nearly 9,000-square-foot lease in Hopewell, under a newly announced transaction by Cushman & Wakefield.

Industrial
JLL inks $19.4 million sale of CBS Broadcasting building in Metropark

A newly renovated light industrial building within the Metropark section of Woodbridge has changed hands, following a $19.35 million transaction arranged by JLL.

Industrial
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Editor’s note: This story has been removed. We apologize for any inconvenience. 

Retail
Dental practice takes 2,300 sq. ft. in Glen Rock, NAI Hanson says

A pediatric dental practice is leasing 2,300 square feet of retail space at a mixed-use building in Glen Rock, brokers with NAI James E. Hanson announced Wednesday.

Residential & Mixed Use
Gebroe-Hammer touts apartment deals in Bergen, Passaic totaling $154 million

The original developer of a Wood-Ridge apartment building has sold the complex, in one of several newly announced transactions by Gebroe-Hammer Associates.

Industrial
Matrix, drug manufacturer ink 233,000 sq. ft. lease in Cranbury

A pharmaceutical manufacturer has signed a full-building, 233,000-square-foot lease at a Matrix Development Group industrial complex in Cranbury, Cushman & Wakefield announced.

Office
Colliers tapped to market 235,000 sq. ft. at Weehawken office building

Hartz Mountain Industries has tapped Colliers International as its leasing agent at a well-known, 370,000-square-foot office complex along the Hudson waterfront.

Finance & Capital Markets
JLL details sale, financing of Cherry Hill office portfolio

The buyer of three office buildings in Cherry Hill has completed its purchase with nearly $25 million in acquisition financing, brokers with JLL announced Tuesday.

Professional Services
Chilmark announces new VP on brokerage team

Chilmark Real Estate Services LLC has bolstered its sales team with the hiring of a new vice president.