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
With newest lease, Bell Works hits 1 million sq. ft. milestone

Somerset Development has reached a new milestone at its landmark Bell Works project in Holmdel, surpassing more than 1 million square feet of leasing activity for office space at the repositioned former Bell Labs campus.

Retail
RD Management, JMF ink 119,000 sq. ft. deal with Lowe’s in Cedar Knolls

A joint venture has landed Lowe’s as an anchor tenant at a soon-to-be-built shopping center in Hanover, where the retailer is taking nearly 120,000 square feet.

Office
Tinton Falls office building sells for $14.25 million, Kislak says

A New York-based investor has acquired a two-building, 132,272-square-foot office complex in Tinton Falls, in a $14.25 million sale arranged by The Kislak Co. Inc.

Office
C&W: Investors buy 119,000 sq. ft. office complex in Hamilton

An investment group has acquired a two-building, 119,000-square-foot office complex in Hamilton, brokers with Cushman & Wakefield announced Monday.

Retail
Paramount, Blink Fitness open newest location in New Jersey

Paramount Assets is touting the opening of a new Blink Fitness in Irvington, the real estate firm’s fourth lease in New Jersey with the fast-growing chain.

Retail
Sudler plans new convenience store, gas station at former office building site in Monmouth

The Sudler Cos. has torn down yet another decades-old office building in its portfolio, clearing the way for a new convenience store and gas station in Monmouth County.

Residential & Mixed Use
Ironstate, Pegasus open second phase of Harrison rental property (SLIDESHOW)

Ironstate Development Co. and Pegasus Group have opened the doors to another 270 apartments at a sprawling mixed-use community in Harrison.

Photos
Vision, Rubenstein unveil high-end amenity building at Warren campus (UPDATED)

Top brokers and other New Jersey commercial real estate leaders turned out last week as Vision Real Estate Partners debuted its new standalone, 19,000-square-foot amenity building at the Warren Corporate Center campus off Interstate 78.

Residential & Mixed Use
DMG executive promoted to CEO

The development firm behind a new 204-unit luxury condominium project in Cliffside Park has named a new chief executive.

Industrial
REIT acquires Moorestown warehouse for $13.6 million

A real estate investment trust has acquired a newly updated, 209,000-square-foot industrial property in Moorestown, in a $13.55 million sale brokered by NAI Mertz.