The Most Comprehensive Source for Commercial Real Estate News in the Region 

Property attracts 20 bidders and achieves 118% of reserve price ASBURY PARK, NJ — Colliers, a leading diversified professional services and investment management company, has successfully facilitated the auction sale of 1105-1109 Memorial Dr. in Asbury Park. The ±11,926 s/f retail property, fully leased to Monmouth County Habitat for Humanity, attracted significant investor interest through a competitive online auction process. Colliers vice chair Jacklene Chesler, senior VP

HABR Brokerage subleases 117,875 s/f in South Plainfield 303 Helen St. in South Plainfield Middlesex/Union County, NJ — The Metz Industrial Group (MIG) of Bussel Realty Corp. (BRC) recently completed four lease transactions totaling 183,314 s/f across South Plainfield, Plainfield, Kenilworth, and Woodbridge. The transactions were led by Jordan Metz, principal; Benito Abbate, senior associate; and James Friel, sales associate. The largest assignment was the sublease of 117,875

70-unit Clarion apartment community sale headlines five deals across Central/Western PA PENNSYLVANIA — NAI CIR recently completed five transactions across Central and Western Pennsylvania involving multifamily, office, medical office, flex/industrial and commercial redevelopment properties. In Clarion, the 70-unit apartment community at 990 E. Main St. was sold to Val De Vie Apartments LLC. The local investor added the property to its growing portfolio and will continue opera

101-acre property positioned for future residential development Throop, PA — Hinerfeld Commercial Real Estate announced the sale of a 101-acre property in Throop, formerly known as the Marjol Battery Federal Superfund Site. The transaction represents a major milestone in the property’s evolution from a formerly contaminated industrial property to land positioned for future residential development. The former Marjol Battery site was remediated through a comprehensive environme

Kyle Danielson closes CVS and Starbucks investment sales CVS at 7000 West Butler Pike in Ambler, PA Ambler, PA/Fredericksburg, VA — Horvath & Tremblay has completed the sale of two retail properties in the Mid-Atlantic for a total of $9.028 million. Kyle Danielson of Horvath & Tremblay completed the $6.328 million sale of a CVS at 7000 West Butler Pike in Ambler, PA. Horvath & Tremblay exclusively represented the seller. Constructed for CVS in 2012, the property consists of a

93.4%-leased regional shopping center features Kohl’s, TJ Maxx, HomeGoods, Burlington, and Ulta HOWELL, NJ — JLL has been retained on an exclusive basis to arrange the sale of Howell Commons, a 298,475 s/f regional power center located at 4701-4799 US Rte. 9 North in Howell Twp., Monmouth County. The 93.4%-leased shopping center is anchored by one of the nation’s top-performing Kohl’s stores and features a national tenant roster that includes TJ Maxx, HomeGoods, Burlington, M

By Andrew Koller, WCRE/CORFAC International Philadelphia’s commercial real estate market is entering a more disciplined phase in 2026. Two of the clearest trends are the slowdown in new industrial construction and continued improvement in retail leasing and investment sales. While these trends affect different property sectors, they reflect the same broader shift: Capital is moving toward properties with established demand and dependable near-term income. Industrial Demand St