A look back at the biggest stories of 2017 in New Jersey commercial real estate

New Jersey’s commercial real estate market was as dynamic as ever in 2017, thanks in large part to the health of the industrial and multifamily sectors. But we also saw developers and investors adapt to critical changes and challenges in the retail and office sectors.

Jiu-jitsu academy inks 2,600 sq. ft. lease in Hackensack, NAI Hanson says

A martial arts academy is relocating and expanding within Hackensack, following a 2,600-square-foot lease brokered by NAI James E. Hanson.

Relocation service firm acquires Irvington warehouse, NAI Hanson says

A commercial moving service is relocating from Staten Island after acquiring a 20,100-square-foot industrial building in Irvington, a broker with NAI James E. Hanson said Tuesday.

Parts distributor takes 3,100 sq. ft. in Bergenfield, NAI Hanson says

An automotive and truck parts distributor will join the tenant roster at a Bergenfield commercial building, following a 3,100-square-foot lease arranged by NAI James E. Hanson.

NAI Hanson brokers sale of medical office space near Hackensack hospital

A pain management practice is expanding with its purchase of a 2,610-square-foot medical office space in Hackensack, following a deal arranged by NAI James E. Hanson.

A new front in grocery wars: Whole Foods acquisition will add fuel to ultracompetitive supermarket sector

The news of Amazon’s $13.7 billion acquisition of Whole Foods Market this summer came with a bit of irony: Many bricks-and-mortar supermarkets in New Jersey and elsewhere had offered online delivery for years, but Whole Foods wasn’t among them. But at the very least, the deal signaled to those other operators that Whole Foods is not to be taken lightly, especially with Amazon’s stated goal of lowering the chain’s notoriously high prices.

NAI Hanson: Martial arts studio leases 2,800 sq. ft. in Emerson

A martial arts academy will occupy half of a newly built, 5,600-square-foot retail building in Emerson, following a lease arranged by brokers with NAI James E. Hanson.

NAI Hanson: Toy maker expands, leases 27,000 sq. ft. in E. Rutherford

A maker of plush toys has leased 26,900 square feet of industrial space just west of MetLife Stadium in East Rutherford, in a deal arranged by brokers with by NAI James E. Hanson.

NAI Hanson brokers office condo sale in Clifton

A medical office user has acquired nearly 11,000 square feet of condominium space in a Clifton, following a deal arranged by brokers with NAI James E. Hanson.

NAI Hanson: Kosher caterer buys 5,800 sq. ft. Hackensack building

A kosher catering business is expanding into a 5,800-square-foot industrial building in Hackensack, following a sale arranged by a broker with NAI James E. Hanson.