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.

Office
Vision, Rubenstein ink 315,000 sq. ft. lease at repositioned Warren office park

A global reinsurance company has leased 315,000 square feet at a sprawling office park in Warren, following a highly touted overhaul of the campus that includes a new upscale amenity building.

Office
Bergman details plans for co-working, new amenities at Whippany office complex

Bergman Real Estate Group has unveiled plans to bring new amenities and co-working space to a two-building, 172,000-square-foot office complex in Morris County.

Office
NKF: Eatontown office, R&D campus sells for $32 million

An investment firm has reaped $32 million from its sale of a nearly 140,000-square-foot office and research complex in Eatontown, brokers with Newmark Knight Frank announced Tuesday.

Office
Colliers closes sale of 30,000 sq. ft. office building in Parsippany

A boutique multitenant office building in Parsippany is under new ownership, following a $3.5 million sale arranged by brokers with Colliers International.

Industrial
Logistics firm expands, takes 265,000 sq. ft. at Woodmont industrial building

Woodmont Industrial Partners has leased up a building in its out-of-state portfolio, landing a new 265,163-square-foot commitment at a distribution center outside Atlanta.

Residential & Mixed Use
Boonton community is latest New Jersey project for AvalonBay

AvalonBay Communities Inc. has taken the wraps off its latest New Jersey project, debuting a new 350-unit luxury apartment property off Interstate 287 in Boonton.

Office
JLL: Joint venture acquires another ex-Mack-Cali building in Paramus

Mack-Cali Realty Corp. has closed on its sale of a 373,420-square-foot office building in Paramus, continuing an effort to trim its once-vast portfolio in Bergen County.

Industrial
Homestake, Harvestate launch 595-unit self-storage project in Winslow

A joint venture has broken ground on a new 595-unit self-storage facility in Winslow Township, under a partnership with the industry’s second-largest operator.

Professional Services
Vantage RES names new director of investment sales

Vantage Real Estate Services has hired a 35-year commercial real estate industry veteran as its new director of investment sales.

Office
Gastroenterology group renews for 9,000 sq. ft. in Marlton

A gastroenterology practice has extended its lease at a medical office complex in Marlton, under a newly announced transaction by Rose Commercial Real Estate.