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

PARAMUS, NJ — With the opening of Vermella Paramus, Russo Development has created its most ambitious residential community to date—one where inspired design, elevated amenities, personalized conveniences and vibrant social experiences come together to create a lifestyle unlike anything previously available in Bergen County. Already leasing at an exceptional pace since welcoming its first residents in May, Vermella Paramus is proving there was a growing demand for something be

BERGEN COUNTY, NJ — NAI James E. Hanson recently completed two transactions in Bergen County, including a $9.1 million industrial sale in Carlstadt and a 19,485 s/f lease in Leonia. In Carlstadt, senior managing directors Jordan Avanzato, SIOR, and Christopher D. Todd, SIOR, and managing director William Ericksen, SIOR, CCIM, of NAI James E. Hanson’s Institutional Services Group represented seller Venture One Real Estate in the $9.1 million sale of the 30,300 s/f industrial b

Consiglio, Peck, Sabato and Wilson handle assignments across Morris, Essex & Passaic counties NORTHERN NJ — Resource Realty of Northern New Jersey (RRNNJ) recently completed six transactions across Morris, Essex and Passaic counties spanning industrial, retail and office properties. The activity includes two Morris County industrial transactions totaling 226,727 s/f and four assignments in Fairfield and Wayne for a longtime client. In Mine Hill, RRNNJ negotiated a 173,475 s/f

New site brings video features & CCT’s full network of advocacy websites into a single hub PHILADELPHIA, PA — The Carpenter Contractor Trust (CCT) announced the launch of a redesigned website at cctmarketing.org, giving contractors, developers and policymakers a single destination to explore the value of the union carpenter workforce across the Eastern Atlantic States. The new site consolidates CCT’s growing library of resources into one place. Visitors can: • Browse a full c

PHILADELPHIA, PA — Colliers announced the $12,725,000 sale of 2501 Grant Ave., a 119,728 s/f industrial facility situated on 5.96 acres in Northeast Philadelphia. The property was acquired by 2361-2371 Welsh Acquisitions LLC. Colliers vice chair Rich Gorodesky, SIOR, and vice president Adam Gorodesky, CCIM, represented the seller, Grant Equities LLC, in the disposition. 2501 Grant Ave. is occupied by AAA Distributors, LLC, a Philadelphia-founded distributor of kitchen, bath,

Philadelphia, PA — CBRE has arranged the sale of 5 Capital Dr., a 55,000 s/f class A office building in Harrisburg. An affiliate of Kest & York purchased the property from FIVE CAPITAL ASSOCIATES, LLC for an undisclosed amount, marking the investor’s first acquisition in the Harrisburg market. CBRE Investment Properties’ Steve Marzullo and Adam Silverman, along with Jeremy Shyk and David Sickler represented the seller in the transaction. Joanne Willams of CBRE’s Debt and Stru

Activity includes industrial, cold storage, manufacturing and retail properties Asbury, NJ — J.G. Petrucci Company, Inc. (Petrucci) had over 1 million s/f of activity in Q3 2026 across new leases, acquisitions, renewals and projects delivered, spanning manufacturing, cold storage, distribution and retail. New Leases An undisclosed food manufacturer will occupy 62,112 s/f at 757 Hellertown Rd. in Bethlehem, PA, within Lehigh Valley Industrial Park VII. The warehouse is under c