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
C&W: Buyer wanted for 126-unit rental project at historic Hackensack site

An investment group is seeking a buyer for what will become a two-building, 126-unit luxury apartment complex at the site of a historic bank tower in Hackensack.

Industrial
Stro acquires 35,000 sq. ft. FedEx building in Roselle

The Stro Cos. has added to its string of recent industrial deals, acquiring a 35,000-square-foot FedEx facility in Union County.

Professional Services
Sanzari adds industry veteran as director of property management

Alfred Sanzari Enterprises has added to its senior executive team with a new director of property management.

Industrial
WCRE inks sale of 17,600 sq. ft. flex building in Gloucester

An investment group has acquired a nearly 18,000-square-foot flex industrial building in Gloucester County, brokers with Wolf Commercial Real Estate announced Friday.

Office
Financial adviser takes 1,900 sq. ft. in Marlton, Vantages RES says

A financial planning firm has leased nearly 2,000 square feet at a Burlington County corporate park, under a newly announced transaction by Vantage Real Estate Services.

Events
Industry leaders Zucker, Marchetta honored at annual Monmouth dinner

A crowd of hundreds turned out Thursday for Monmouth University’s 26th real estate awards dinner, honoring Ralph Zucker and Anthony Marchetta as part of an annual scholarship fundraiser and show of support for the university’s Kislak Real Estate Institute.

Government & Public Policy
Newark developers, city leaders unveil long-awaited park project near Prudential Center

Developers and city officials gathered in Newark on Thursday to mark a milestone more than a decade in the making — the opening of a new public park adjacent to the Prudential Center, setting the stage for a wave of new investment between the arena and Newark Penn Station.

Office
NKF: E-commerce bedding maker moves HQ, takes 23,000 sq. ft. in Summit

A luxury bedding and home goods maker has found a new headquarters in downtown Summit, under a 23,000-square-foot lease announced Thursday by Newmark Knight Frank.

Industrial
Team Resources inks $1.6 million industrial sale in Warren County

An online furniture import business has paid $1.6 million to acquire a 160,000-square-foot warehouse in Warren County, according to brokers with Team Resources Inc.

Residential & Mixed Use
Developers, officials hail completion of key redevelopment project in Red Bank

A joint venture has unveiled a boutique apartment building in downtown Red Bank, bringing new life to a long-vacant site and paving the way for additional redevelopment in the borough.