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JLL ranked first among commercial real estate brokerages in New Jersey for 2025, with 45.3 million square feet sold or leased. The company completed 961 deals in New Jersey during this period.

CBRE secured the second position with 36 million square feet of commercial space sold or leased. The firm completed 1,036 deals in the Garden State last year. In February, CBRE elevated Will Forcello to senior managing director and New Jersey Market leader. Before the update, Forcello served in the latter capacity on an interim basis.

Cushman & Wakefield placed third with 33.5 million square feet sold or leased. The company completed 843 deals in the state.

The Blau & Berg Co. and Greek Real Estate Partners rounded out the top five, with 31.6 million square feet and 22 million square feet, respectively.

The top 25 ranked companies include data with transaction volumes ranging from JLL‘s over 45 million square feet to TSCG’s 53,411 square feet.

Several companies on the list date back to the early 20th century, while others such as Lee & Associates and NAI DiLeo-Bram were established in the 2000s.

The rankings showed varied deal counts among firms. The Blau & Berg Co. reported 131 New Jersey deals, while Deluccia Commercial Group LLC completed 152 transactions. Newmark Associates CRE led in deal volume with 230 completed transactions in New Jersey for 2024.

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The list was compiled by NJBIZ and ranked by square footage sold or leased in New Jersey.

Comcast Business and Provident Bank are Premium Publication Sponsors of NJBIZ’s 2025 Book of Lists

Go to the NJBIZ Leads and Data Center to download the complete Commercial Real Estate Developers list or any other NJBIZ list. Subscribe to NJBIZ’s Leads and Data to gain year-round access to the data from NJBIZ’s lists. 

Claude.ai assisted with the creation of this article based on NJBIZ data. 





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