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
Developers eye summer groundbreaking for redevelopment of ex-Record site in Hackensack

A joint venture’s plan to redevelop the former home of The Record in Hackensack is moving forward, under a plan that calls for 650 apartments and retail space along the Hackensack River.

Office
Florham Park: Biotech firm set to begin move to new 147,000 sq. ft. headquarters

A biotechnology company is consolidating its headquarters, manufacturing and research and development functions as part of a new full-building, 147,215-square-foot lease in Florham Park.

Industrial
BRC: Pallet company inks 42,000 sq. ft. lease in South Brunswick

A pallet provider has leased a 42,000-square-foot industrial building in South Brunswick, under a newly announced transaction by Bussel Realty Corp.

Retail
C&W lands new retail management assignments in South Brunswick, Paramus

The new owners of shopping centers in South Brunswick and Paramus have tapped Cushman & Wakefield as their property managers at the complexes, the real estate services firm said.

Residential & Mixed Use
HFF: Mack-Cali seals $264 million purchase of new Jersey City rental complex

Mack-Cali Realty Corp. has closed on its nearly $264 million acquisition of a 377-unit luxury apartment complex in Jersey City, brokers with HFF announced Wednesday.

Professional Services
DMR makes five new hires to support growing pipeline

DMR Architects is touting five new hires in its effort to address the ever-changing needs of the state’s commercial real estate sector.

Retail
Restaurant, beauty tenants combine for 15,500 sq. ft. in Bergen County, C&W says

Six retail tenants have combined to lease more than 15,000 square feet in Bergen County, in a series of transactions arranged by Cushman & Wakefield.

Retail
Modell’s takes 15,000 sq. ft. at Route 9 shopping center

A landlord has inked a new 15,000-square-foot lease with Modell’s Sporting Goods in Marlboro, company executives announced Wednesday.

Office
Gloucester Co. medical office building trades for $525,000

A dental practice has sold its longtime home in Gloucester County, a 7,350-square-foot medical office building, under a newly announced transaction by Rose Commercial Real Estate.

Office
Law firm moving headquarters to Paramus, inks 42,000 sq. ft. lease

A major New Jersey law firm is moving its headquarters to Paramus, under a newly announced, 42,000-square-foot lease arranged by JLL.