Parsippany, NJ — April 17, 2025 — Newmark Associates, one of Northern New Jersey’s leading commercial real estate firms, reported a strong start to 2025, closing more than 219,000 square feet in combined lease and sales transactions across office, industrial, and retail sectors in the first quarter.

The firm’s Q1 highlights include:

• 48,600 square feet of office/medical space leased
• 77,700 square feet of industrial space leased

• 34,000 square feet in office sales
• 59,200 square feet in retail sales

These transactions demonstrate Newmark Associates’ continued market strength and diversified portfolio of expertise.

Notable deals in the first quarter include:

• David Bieber, Managing Director, represented a lease transaction of 18,000 square feet of industrial space in West Caldwell, NJ, reinforcing the firm’s footprint in Essex County’s industrial market.
• Helene Elbaum, Managing Director, secured a 10,000-square-foot industrial lease in Fairfield, NJ, reflecting strong demand for mid-size industrial assets in the region.
• Mary Swatek, Vice President and Bergen County Specialist, brokered the 28,000-square-foot sale of a not-for-profit facility in Fair Lawn, NJ, highlighting Newmark’s presence in the institutional and nonprofit sector.
• Dennis Giametta, Senior Sales Associate, closed the 20,680-square-foot sale of a retail strip center in Sparta, NJ, a growing retail corridor in Sussex County.
• A joint effort by Michael Taccetta and Dennis Giametta resulted in the 17,800-square-foot sale of a retail strip center in Ringwood, NJ.

“These transactions demonstrate the collaboration, expertise, and market insight our team brought to the table this quarter,” said Nancy Glick, COO of Newmark Associates. “These results are not only a testament to the trust our clients place in us but also to our continued investment in regional knowledge and industry-leading service.”

As Newmark Associates looks ahead to the remainder of 2025, the firm remains focused on strategic growth and delivering value-driven outcomes across all asset classes.

Newmark Associates, CRE, based in Cedar Knolls, New Jersey, is celebrating 40 years as one of the state’s leading commercial real estate brokerage firms. Recognized by NJBIZ and the CoStar Group for excellence in the industry, Newmark specializes in leasing and sales of office, industrial, retail, land, healthcare, and mixed-use properties. The firm is certified as a woman-owned business by the Women’s Business Enterprise National Council (WBENC) and is a founding member of CRESDA (Corporate Real Estate Services, Diversity Associates), serving the needs of major corporations nationwide.