Market Sectors

New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.

Events

Bigger and better: Atlantic Builders Convention set to return with surging attendance, sold-out exhibitor floor

The strength of New Jersey’s homebuilding industry will be on display next week at the Atlantic Builders Convention, with record participation from exhibitors and thousands slated to attend at what organizers say is a pivotal time for residential development.

Industrial

Kadima taps Gerszberg to lead newly launched industrial outdoor storage platform

Kadima Industrial Partners is leaning into the industrial outdoor storage sector with a new dedicated platform and the addition of Eitan Gerszberg as director of IOS acquisitions.

Office

Newmark Rutherford, Manhattan teams ink major White Plains office sale and financing

Investors have acquired a prominent 392,000-square-foot office building in White Plains, New York, as part of a recent deal by Newmark’s Rutherford- and Manhattan-based teams.

Industrial

Randolph, Flanders industrial buildings see 15,000 sq. ft. in leasing activity, RRNNJ says

An industrial user has taken 7,800 square feet at a recently updated building in Randolph, in the largest of three newly announced deals by Resource Realty of Northern New Jersey.

Finance & Capital Markets

G.S. Wilcox: New Jersey firm lands $18.9 million in financing for Southeast retail properties

The owner of two grocery-anchored retail properties outside New Jersey has scored a combined $18.9 million in financing for the assets, in a set of deals arranged by G.S. Wilcox & Co.

Retail

Norman’s Hallmark opens 4,900 sq. ft. Woodbridge store, expanding to coveted retail market

Norman’s Hallmark is marking its latest expansion in the Garden State, debuting a new store at the Cloverleaf Shopping Center in the Avenel section of Woodbridge.

Residential & Mixed Use

Sentiment shift: Encouraged by new Sherrill administration, NJBA sees clearer path to expanded housing production, affordability

By Joshua Burd It’s early, but the New Jersey Builders Association can’t help but be encouraged. The prominent trade association, which represents residential developers, contractors and other professionals, said a new face in Trenton has brought a new dose of…

Government & Public Policy

A fitting transition: Tantleff assumes new role as chair of Builders Political Action Committee

Fresh off two terms as chair of the New Jersey Builders Association, Deb Tantleff has taken the reins of the influential Builders Political Action Committee. And while the organizations are distinct and functionally different, it’s undoubtedly a natural transition to a role that hinges on relationships in Trenton and on raising funds to support pro-housing candidates.

Bridge Industrial rebrands as Kurv Industrial to reflect changing market, operating platform

Bridge Industrial is now Kurv Industrial, a change meant to capture the firm’s evolution and the growth of a platform that includes substantial holdings in New Jersey.

Professional Services

Rock Brook joins Salas O’Brien, marking new chapter for Monroe-based engineering firm

Rock Brook, one of New Jersey’s top engineering firms and a key player in several major asset classes, has joined Salas O’Brien under a merger announced last week.