Deli to open in Marlton shopping center, WCRE says

A family-owned deli chain has leased retail space at a Marlton shopping center, according to Wolf Commercial Real Estate.

NAI Hanson brings produce and fish market to larger space in Ramsey

Commercial real estate firm NAI James E. Hanson announced Friday that it has brokered a long-term lease deal with Ramsey Fine Food Inc. for 11,100 square feet of retail space in Ramsey.

NAI Hanson brings produce and fish market to larger space in Ramsey

Commercial real estate firm NAI James E. Hanson announced Friday that it has brokered a long-term lease deal with Ramsey Fine Food Inc. for 11,100 square feet of retail space in Ramsey.

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Developers see 'opportunity' in 930K sq. ft. spec industrial building

The Rockefeller Group and Alfieri are going big &#8212 even for New Jersey's industrial real estate market.

REIT sells Voorhees mall that is home to municipal offices

A Philadelphia-based real estate investment trust has sold the Voorhees Town Center, it announced earlier this week.

Lee Associates completes lease expansion, extension for Basking Ridge-based law firm

Commercial real estate firm Lee Associates announced Thursday that it has completed a long-term lease expansion and extension in Basking Ridge for the law firm of Carroll McNulty Kull LLC.

After years of working in Jersey, Mass. firm opts to open office here

For an out-of-state construction firm, Tocci Building Cos. has had its fair share of work in the Garden State &#8212 from a mixed-use project in South Orange to a waterfront hotel in Jersey City.

Deal Making in the Commercial Marketplace

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Wyndham earnings rise past Wall Street's expectations

Hospitality company Wyndham Worldwide Corporation said its adjusted earnings rose 7 percent in the third quarter of 2015, topping Wall Street estimates.

Bayonne apartment complex sold for 147.5M

A New York-based real estate company has acquired a Bayonne apartment community for 147. 5 million, it said Monday.

Kislak completes 10M in Union County investment sales

The Kislak Co. Inc. announced Monday the recently sale of four multifamily properties and one retail center in Union County.

The Relationship Between the Small Business Administration and Commercial Real Estate

This infographic contains information from NAR's survey of REALTORS®' use of Small Business Administration loans, education, and training.

More Information

• Read the Commercial Lending Trends Survey.
• Read the Profile of Real Estate Firms.
• Learn more about commercial real estate.
• Read the news release about the... Read More
  
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Commercial Market Opportunities: Medical Office Buildings with Mark Alexander, CCIM

Mark Alexander, CCIM, specializes in helping medical practices do sale/leaseback transactions on their office buildings. He joined this segment of the Commercial Podcast to talk about this potentially lucrative corner of the market, his experience working with clients across the country, and his time as past Commissioner of the Fort Myers Housing Authority.

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Commercial Real Estate Research 2015

This infographic contains a list of the commercial reports NAR's research department has created or contributed to in 2015.

More Information

• See the commercial research reports.
• Learn more about commercial real estate.

 

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Fall 2015: A Market for Optimism & Opportunity

Table of Contents

A Market for Optimism: A Note from the President
Advocacy: Preparing for the Fall Congressional Session
Member Perspective: Accounting Changes
Community Development: Associations in Action
... Read More

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Cybersecurity firm opens U.S. HQ in Hackensack

An Israeli cybersecurity solutions company has opened a U. S. headquarters in Hackensack, it announced Wednesday.

Naked Chicken

New Jersey wasn't necessarily Gary Occhiogrosso's focus as an executive with a New York City-based food franchisor, even as a Bergen County resident of more than a decade.

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Naked Chicken

New Jersey wasn't necessarily Gary Occhiogrosso's focus as an executive with a New York City-based food franchisor, even as a Bergen County resident of more than a decade.

Hampshire Cos. buys, leases back shopping center

The Hampshire Companies has purchased a Wallington retail center in a saleleaseback deal involving the anchor store, ShopRite.

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Hampshire Cos. buys, leases back shopping center

The Hampshire Companies has purchased a Wallington retail center in a saleleaseback deal involving the anchor store, ShopRite.

Joint venture buys 10-building portfolio in Clark

A joint venture between two New Jersey real estate firms has purchased a 10-building mixed-use portfolio in Clark, one of the partners announced Friday.

HFF closes 12M sale of retail strip center in Bergen County

Holliday Fenoglio Fowler L. P. announced Friday that it has closed on the 12 million sale of Essex Square, a retail strip center in Lodi.

Muscle Maker Grill names new CEO

Muscle Maker Grill has promoted one of its executives to CEO, tasking him with leading the restaurant chain's expansion into new and existing markets.

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CBRE Group represents Prologis in acquisition of northern N.J. industrial, retail portfolio

Commercial real estate brokerage CBRE Group Inc. announced Thursday that it has represented Prologis in the acquisition of an industrial and retail portfolio in northern New Jersey from Morris Realty Associates LLC.

Kislak completes 33.1M sale of multifamily portfolio in Chatham

Woodbridge-based The Kislak Company Inc. announced Thursday the sale of a three-building multifamily portfolio in Chatham.

Insurer expands Morristown HQ by 38K sq. ft.

ProSight Specialty Insurance has expanded its headquarters in Morristown, according to the building's owner, Keystone Property Group.

Appeals court sends LG headquarters project back to Englewood Cliffs

A state appeals court Wednesday pumped the brakes on LG Electronics USA's proposed headquarters in the Palisades &#8212 initially planned to be 143 feet tall &#8212 on the grounds that an Englewood Cliffs zoning board decision that would have moved the 300 million project forward failed to consider the impact it would have on the surrounding. . .

Rutgers establishes chair in genomic science named for developer Boraie

Genomic science is a growing weapon in the fight against cancers, especially rare ones, and Rutgers University is establishing a chair to recognize achievements in the field.

Kushner Cos. buys Chatham apartment complex

Kushner Cos. has acquired a 308-unit rental apartment complex in Chatham, the firm announced.

Sitex continues North Jersey push, adding two warehouses

Sitex Group has acquired two more industrial properties in northern New Jersey, adding to a quickly growing portfolio in the region for the New York-based private equity firm.

City life Pierson a leader in commercial real estate

For Jason Pierson, it wasn't enough to take on a new industry altogether, as he did in 2005 when he left a corporate sales job to become a commercial real estate broker.

Bridge Development to build 1.3M sq. ft. logistics center in Perth Amboy

Bridge Development Partners has acquired a remediated 103-acre site in Perth Amboy, where it plans to develop a 1. 3 million-square-foot warehouse and distribution complex.

Cushman Wakefield arranges 22.15M sale of mixed-use portfolio in Clark

Cushman Wakefield&#8217s Metropolitan Area Capital Markets Group announced Monday it has completed the sale of a mixed-use portfolio in Clark for 22. 15 million.

Rock materials distributor expands in Bridgewater

A distributor of granite and marble has leased space in Bridgewater, according to Bussel Realty Corp.

Princeton-based architecture firm receives national recognition

Princeton-based architecture firm ikon. 5 has been awarded the 2015 American Architecture Award for two of its projects located in New Jersey.

Keeping their cool

If you ask Gerard von Dohlen, the freight already is here. And the freezers already are full.

13M project bringing ShopRite to South Plainfield

A new ShopRite is coming to South Plainfield as part of a project worth about 13 million, according to local officials and executives from ownerdeveloper Polimeni International.

Patience, savvy key to finding funding

Anatalie David moved from Texas to Jersey City three years ago to pursue a career as a hair stylist in Manhattan. While in pursuit of success in the Big Apple, David fell in love with the Jersey City community and decided to open her own salon, The Hair Room, on the west side of the Hudson.

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Keeping their cool

If you ask Gerard von Dohlen, the freight already is here. And the freezers already are full.

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13M project bringing ShopRite to South Plainfield

A new ShopRite is coming to South Plainfield as part of a project worth about 13 million, according to local officials and executives from ownerdeveloper Polimeni International.

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CBRE brokers sale of neighborhood center in Mullica Hill

CBRE Inc. announced Friday that it has brokered the sale of Mullica Hill Plaza, an 85,842-square-foot neighborhood center in Mullica Hill.

Terreno Realty acquires building in East Rutherford for 9.3M

Terreno Realty Corp. announced Friday that it has acquired an industrial property in East Rutherford for approximately 9. 3 million.

Power technology company moving HQ to East Rutherford

A green power technology company is moving its headquarters from Carlstadt to East Rutherford, investing 8 million in a new building, it announced recently.

NGKF brokers full-building deal with Atlantic Health in Rockaway

Atlantic Health System has expanded its footprint and is now the sole tenant at a Rockaway office building owned by Lexington Realty Trust, in a deal brokered by Newmark Grubb Knight Frank.

Bussel brokers sale of distribution facility in Maplewood

Bussel Realty Corp. announced Thursday that it has brokered the sale of an 89,503-square-foot distribution facility in Maplewood.

Cherry Hill vending and coffee company moving to Woodbury

A Cherry Hill vending and coffee company is moving to the former South Jersey Times building in Woodbury after purchasing the site, according to a published report.

HouseMaster LLC to acquire HouseMaster Canada

Ewing-based HouseMaster LLC, a home inspection company, announced Thursday that it has acquired Greensaver Energy Services Inc. , the HouseMaster Canada master franchisee.

The Relationship Between the Small Business Administration and Commercial Real Estate

This infographic contains information from NAR's survey of REALTORS®' use of Small Business Administration loans, education, and training.

More Information

• Read the Commercial Lending Trends Survey.
• Read the Profile of Real Estate Firms.
• Learn more about commercial real estate.

 

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Celgene completes deal for Merck campus in Summit

Celgene Corp. has completed its purchase of the former Merck Co. research and development complex in Summit, giving a new lease on life to the 1. 3 million-square-foot campus as the biotech giant continues its expansion in the city.

Industrial real estate market stays strong as vacancy keeps shrinking

The Garden State's industrial real estate market continued to shine in the third quarter, bringing vacancy down to levels not seen since before the recession.

Commercial Market Opportunities: Medical Office Buildings with Mark Alexander, CCIM

Mark Alexander, CCIM, specializes in helping medical practices do sale/leaseback transactions on their office buildings. He joined this segment of the Commercial Podcast to talk about this potentially lucrative corner of the market, his experience working with clients across the country, and his time as past Commissioner of the Fort Myers Housing Authority.

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Denver firm buys Chester shopping center for 53.8M

A Denver-based real estate investment trust has made its first purchase in North Jersey, buying a shopping center for 53. 8 million.

Denver firm buys Chester shopping center for 53.8M

A Denver-based real estate investment trust has made its first purchase in North Jersey, buying a shopping center for 53. 8 million.

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Seven food retailers sign on for College Avenue project in New Brunswick

An assortment of eateries is coming to the New Brunswick development project known as The Yard College Avenue, according to commercial real estate provider Pierson Commercial and the New Brunswick Development Corporation.

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Seven food retailers sign on for College Avenue project in New Brunswick

An assortment of eateries is coming to the New Brunswick development project known as The Yard College Avenue, according to commercial real estate provider Pierson Commercial and the New Brunswick Development Corporation.

Mack-Cali announces lease at Harborside on the Jersey City waterfront

Mack-Cali Realty Corp. announced Monday that SunGard Financial Systems LLC, a financial software company, has leased 41,061 square feet on the Jersey City waterfront.

Commercial Market Opportunities: Medical Office Buildings with Mark Alexander, CCIM

Mark Alexander, CCIM, specializes in helping medical practices do sale/leaseback transactions on their office buildings. He joined this segment of the Commercial Podcast to talk about this potentially lucrative corner of the market, his experience working with clients across the country, and his time as past Commissioner of the Fort Myers Housing Authority.

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Covanta starts operation of metals processing facility in Pa.

Morristown-based Covanta, a sustainable waste and energy solutions provider, announced Monday the startup of a new metal recycling facility in Fairless Hills, Pennsylvania.

Joyce Leslie appoints new CEO

Moonachie-based Joyce Leslie Inc. announced Monday that it has appointed Celia Clancy as its new CEO, effective Oct. 6.

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Distinctive pairing

If you want to distinguish yourself from all the other better burger restaurants that are popping up around New Jersey, you need to do something, well, distinctive.

Distinctive pairing

If you want to distinguish yourself from all the other better burger restaurants that are popping up around New Jersey, you need to do something, well, distinctive.

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Behind the scenes

Odds are good that the company manufactured the television in your living room and the electric razor in your bathroom. If you&#8217re lucky, it may have even created the lithium-ion batteries powering your car.

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Guadagno Nestle deal a 'door opener' for life science sector

When it comes to telling New Jersey's economic development success stories, having names like Panasonic, Bayer and Subaru can go a long way in convincing other companies to stay and grow here.

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Alfred Sanzari Enterprises announces two leases at Court Plaza South

Real estate developer and owner Alfred Sanzari Enterprises announced Friday it has completed two lease transactions at the Court Plaza South in Hackensack.

Guadagno Nestle coming to N.J. is economic success story for the state

When it comes to telling New Jersey&#8217s economic development success stories, having names like Panasonic, Bayer and Subaru can go a long way in convincing other companies to stay and grow here.

Sitar Realty announces flurry of real estate transactions

Iselin-based Sitar Realty Company announced Thursday multiple real estate transactions.

Chambers Street Properties executes four major leases

Chambers Street Properties, a Princeton-based real estate investment trust, announced Friday that it has executed four major lease transactions, totaling 516,000 square feet.

CW brokers 120M trade of office complex in Rutherford

Cushman Wakefield Metropolitan Area Capital Markets Group announced Thursday that it has brokered the 120 million sale of The Meadows Office Complex in Rutherford.

HFF arranges 23.8M in construction financing for facility in Elizabeth

Holliday Fenoglio Fowler L. P. announced Thursday that it has arranged 23. 8 million in construction financing for a freezer warehouse in Elizabeth.

Devils, Pru Center set to unveil new amenities for fans, businesses

It may be less than a decade since the Prudential Center opened in Newark, but Hugh Weber knows that fans and businesses always have other options when it comes to spending their entertainment dollar.

Devils, Pru Center set to unveil new amenities for fans, businesses

It may be less than a decade since the Prudential Center opened in Newark, but Hugh Weber knows that fans and businesses always have other options when it comes to spending their entertainment dollar.

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Nestle to open new health science RD facility in Bridgewater

Nestle Health Science will open a 180,000-square-foot research and development facility at Advance Realty&#8217s Center of Excellence campus in Bridgewater, becoming the latest tenant at the 110-acre site once occupied by Sanofi U. S.

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Nestle to open new health science RD facility in Bridgewater

Nestle Health Science will open a 180,000-square-foot research and development facility at Advance Realty&#8217s Center of Excellence campus in Bridgewater, becoming the latest tenant at the 110-acre site once occupied by Sanofi U. S.

Real Estate Strategies Corp. leadership joins JLL

JLL announced that Andrew Zezas, CEO of New Jersey-based Real Estate Strategies Corp. , has joined the firm's New Jersey operation as a managing director.

Hand Stone coming to Watchung shopping center

A national massage chain has leased space in Watchung, according to Levin Management.

Marcus Millichap arrange sale of 48-unit 'pre-war' apartment building

Commercial real estate firm Marcus Millichap announced Thursday it has arranged the sale of a &#8220pre-war&#8221 apartment property in Elizabeth, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

Hoboken product company announces new CEO

Hoboken-based BEABA, a juvenile product company, announced that Lisa Speransky has been appointed CEO of its North American subsidiary.

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Onyx closed 500K sq. ft. of leases in first half of 2015

Onyx Equities said Tuesday that it closed 73 leases totaling nearly half a million square feet during the first half of the year.

Hamilton shopping center fetches 6.4M

Holliday Fenoglio Fowler L. P. has closed on the 6. 4 million sale of a Hamilton shopping center, it announced Tuesday.

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Hamilton shopping center fetches 6.4M

Holliday Fenoglio Fowler L. P. has closed on the 6. 4 million sale of a Hamilton shopping center, it announced Tuesday.

Construction company buys Clifton office building

A heavy construction company has bolstered its real estate holdings with the purchase of an office building in Clifton, according to real estate advisory firm Cresa NJ &#8211 NorthCentral.

Toys R Us is the latest to sign on for American Dream

Wayne-based Toys R Us is the latest major retailer to take space at the American Dream project in the Meadowlands, it said Tuesday.

Toys R Us is the latest to sign on for American Dream

Wayne-based Toys R Us is the latest major retailer to take space at the American Dream project in the Meadowlands, it said Tuesday.

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Sign supply company leases 15K sq. ft. in Edison

Sign and graphics supply company N. Glantz Son LLC has leased space in Edison, according to real estate services firm Bussel Realty Corp.

The wait is over Groundbreaking takes place for major Metuchen project

After years of planning and pondering by local officials, construction is underway on a planned residential and retail complex a block away from Metuchen's busy train station.

Developers cut ribbon on luxury apartment complex in Harrison

The long-running effort to transform Harrison's waterfront has taken another step forward with the opening of 221 Bergen, a new 104-unit residential complex at the site of a former cookie factory.

Affordable extravagance Zinburger wine and burger bar bills itself as 'the new American steakhouse'

If you want to distinguish yourself from all the other better burger restaurants that are popping up around New Jersey, you need to do something, well, distinctive.

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Ribbon-cutting marks next step for Tucker's New Jersey efforts

Richard Tucker knows a good development site when he sees it &#8212 like the heavily trafficked, 11-acre parcel along Springfield Avenue in Newark that his firm began to covet more than seven years ago.

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At Rutgers, new buildings are community effort

For a campus that has looked essentially the same for 50 years, a few new buildings will be a welcome sight.

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'It's a terrific catalyst for the community'

With the view from his 24th-floor office and a pair of binoculars given to him by his wife, John Strangfeld watched step by step over two years as Prudential Financial's new 20-story, glass skyscraper was being erected just north of the company's global headquarters in Newark.

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Ribbon-cutting marks next step for Tucker's New Jersey efforts

Richard Tucker knows a good development site when he sees it &#8212 like the heavily trafficked, 11-acre parcel along Springfield Avenue in Newark that his firm began to covet more than seven years ago.

At Rutgers, new buildings are community effort

For a campus that has looked essentially the same for 50 years, a few new buildings will be a welcome sight.

Good neighbors

Executives from Bijou Properties had gathered in uptown Hoboken in early 2009, excited to cut the ribbon on the firm's new 30-unit, high-end condo building known as Garden Street Lofts.

'It's a terrific catalyst for the community'

With the view from his 24th-floor office and a pair of binoculars given to him by his wife, John Strangfeld watched step by step over two years as Prudential Financial's new 20-story, glass skyscraper was being erected just north of the company's global headquarters in Newark.

Big deals inject some life into N.J. office market

New Jersey's office market took another positive step in the third quarter, commercial real estate brokers say, thanks to a healthy stretch of leasing activity and deals by several large tenants.

Office solutions company opens South Jersey office

Office technology provider TG Industries Inc. has opened a southern New Jersey office in Cherry Hill, according to real estate firm Wolf Commercial Real Estate.

Bookseller, law firm expand space in Basking Ridge

Two tenants at a Basking Ridge building have expanded their leases, according to property owner and operator Vision Properties.

Pru Center, N.J. Devils partner with Goya

The Prudential Center and the New Jersey Devils have teamed with Goya Foods in a broad partnership deal that will include prominent branding, new food concepts at the Newark arena and charitable efforts around the state, the organizations announced Thursday.

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