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
Big-box demand ‘unabated’ in still-strong industrial market, C&W says

Industrial leasing in New Jersey saw a sizable uptick in the first quarter, thanks in large part to new construction and continued demand from e-commerce and logistics users.

Retail
Fast-growing slider chain eyes nine new locations in New Jersey, JLL says

A burger chain is marking a major expansion in New Jersey with the recent completion of nine leases totaling nearly 18,000 square feet, brokers with JLL announced Wednesday.

Office
Rose Commercial inks office 2,700 sq. ft. sale in Marlton

A longtime tenant of a 2,700-square-foot office building in Marlton has acquired the property, under a $450,000 sale arranged by Rose Commercial Real Estate.

Industrial
Rockefeller, PCCP ink 1 million sq. ft. sale at Piscataway logistics hub

Rockefeller Group and a joint venture partner, PCCP LLC, have sold two newly completed buildings in a planned 2.1 million-square-foot logistics park in Piscataway, including a 725,000-square-foot distribution center for Best Buy.

Industrial
Camber, Advance acquire 400,000-square-foot light industrial complex in Mahwah

A joint venture has added to its portfolio of light industrial buildings with the acquisition of a three-building, 400,000-square-foot industrial complex in Mahwah.

Industrial
Value-add Meadowlands warehouse sells for $7.8 million, HFF says

An investment group has acquired a nearly 72,000-square-foot industrial building in Carlstadt, under a $7.77 million sale arranged by HFF.

Retail
Retailers ink 9,500 sq. ft. at new Jersey City rental project

Five retailers have combined to lease nearly 10,000 square feet on the ground floor of a newly built, 163-unit luxury apartment building on the west side of Jersey City.

Retail
R.J. Brunelli adds former Toys R Us real estate exec as VP

A longtime real estate executive for Toys R Us and other retailers has joined R.J. Brunelli & Co. LLC to fill a newly created tenant representation position.

Residential & Mixed Use
AC Devco eyes $62 million expansion of Stockton campus in Atlantic City

The next phase of Stockton University’s new campus in Atlantic City could begin as soon as this fall, with plans calling for a six-story residential building for more than 400 students.

Retail
Hampshire, Pinnacle win approvals to revive Montclair’s Lackawanna Plaza

Local officials have cleared the way for a joint venture to restore and reposition a century-old train station and retail plaza in Montclair, where the firms now hope to deliver more than 200,000 square feet of new commercial and residential space.