Current Issue

Go inside the latest monthly issue of Real Estate NJ, the only New Jersey-based magazine dedicated to commercial real estate in the Garden State.

Policy Page
Creative deals fueled by investors’ demand for niche property types

The consensus of this year’s Emerging Trends in Real Estate report for the U.S. and Canada report is one of cautious optimism that we will ride out any near-term slump and be well positioned for another period of sustained growth and strong returns, although a short and mild recession is expected. The article also highlights 10 trends for 2023, many of which have led to creative project deals throughout New Jersey.

Editor’s Note
Sustained success

As you’ll read in this month’s cover story, the state’s Community Solar Energy Pilot Program has made it both easier and more lucrative for commercial property owners in New Jersey to go green, allowing solar developers to lease their rooftops and sell power to nearby residents. The policy has been critical to the growth of Solar Landscape, a solar developer founded in 2012 that’s been integral to the program’s rollout. Based in Asbury Park, the 10-year-old firm has leased more than 20 million square feet of rooftop space in New Jersey, making it a key player in the commercial real estate market in just a few years.

Industrial
Big energy: How fast-growing Solar Landscape became a force in New Jersey commercial real estate

Solar Landscape has become a key player with a visible presence in New Jersey’s commercial real estate industry, having leased more than 20 million square feet of rooftop space for its solar projects.

Office
Office construction booms in Lakewood amid stunning influx of residents, businesses

Those heralding the death of the suburban office park may not have seen Lakewood recently, where the growth of Class A space is defying conventional wisdom and statewide trends.

Policy Page
Reduce, reuse, recycle: Vintage Jersey properties are ripe for repurposing

As one of America’s original 13 colonies, New Jersey has a rich and historic past. This includes former industrial properties or commerce centers in urban areas, more recently developed office parks in the suburbs and older office buildings — many of which largely stand empty — in central business districts. These vacant relics — together and individually — can be transformed into new, vibrant centers for live, work and play.

Residential & Mixed Use
Micro-apartments coming to Newark, as concept expands in New Jersey cities

A developer is set to open more than 100 micro-apartments in downtown Newark, marking at least the second such project in New Jersey and the growth of a concept that could soon spread to other small and midsized cities.

Finance & Capital Markets
Investors take pause, reassess as interest rates shock commercial real estate market

The rapid rise in interest rates has caused a sudden slowdown and growing uncertainty in New Jersey’s investment sales market, leading buyers to reassess their plans in the near term, while placing newfound pressure on even the strongest asset classes.

Residential & Mixed Use
AIA New Jersey architects reflect on Superstorm Sandy 10th anniversary

By AIA-NJ Superstorm Sandy happened 10 years ago last week. The American Institute of Architects New Jersey Chapter (AIA New Jersey) joins our state in reflecting on Superstorm Sandy and remembering the lessons learned. Our members have assisted residents throughout…

Roundtable
What are we still learning about Hurricane Sandy’s impact on commercial real estate?

What are we still learning about Hurricane Sandy’s impact on commercial real estate? We assembled a panel of industry experts to tackle this month’s question.

Government & Public Policy
Right at home: NJAA moves to Trenton, with advocacy looming ever larger after COVID crisis

The New Jersey Apartment Association has changed its address, but there’s nothing unfamiliar about its new home in Trenton. The organization and its in-house team, previously based in Middlesex County, have long been a key voice in state politics and policymaking, advocating on behalf of a membership that owns and manages some 230,000 rental units.