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.

Government & Public Policy
Looking back: Fulop, outgoing Jersey City mayor, reflects on policies behind historic development boom, affordability push

With his time as mayor winding down, Steve Fulop feels Jersey City is better off after 12 years of pro-growth policies and a historic development boom that spread beyond the downtown and waterfront areas. He also acknowledged that the city and the region still face an affordability crisis and an undersupply of housing, issues that his successor will confront in the years ahead.

Government & Public Policy
Steps taken: Fulop proud of record on affordability, but knows there’s more to be done in Jersey City

Jersey City Mayor Steven Fulop has been unabashedly pro-growth during his 12 years in office. That’s clear from the city’s ever-changing skyline, but even he concedes that new development has overshadowed efforts to improve housing affordability.

Editor’s Note
In memoriam 2025: Remembering those we lost in New Jersey commercial real estate

We said goodbye in 2025 to several key figures in New Jersey’s commercial real estate community. Some were industry icons whose careers spanned more than half a century, but all were remembered by colleagues as valued friends and team members. Here is a look back at our coverage and the tributes that poured in from across the industry.

Industrial
REDCOM starts construction for 56,000 sq. ft. Marlboro logistics facility

REDCOM Design & Construction has broken ground on a project that will bring more than 56,000 square feet of new industrial space to Monmouth County.

Residential & Mixed Use
Cranford rental property more than 70 percent leased as Hartz eyes strong demand in 2026

Hartz Mountain Industries has rented more than 70 percent of a new 250-unit rental property in Cranford, citing continued demand for upscale apartments and sustained headwinds in the for-sale housing sector.

Office
Sheldon Gross: Title firm recommits to Millburn office space five years after moving in

A title insurance agency has signed a lease renewal in Millburn as part of a newly announced office deal by Sheldon Gross Realty.

Retail
RIPCO: TD Bank sells vacant Monmouth County branches in deals totaling $4.3 million

TD Bank has sold two vacant former branch buildings in Monmouth County for a combined $4.3 million, in a set of deals arranged by RIPCO Real Estate.

Finance & Capital Markets
JLL: Seagis closes $176 million refi for 1.22 million sq. ft warehouse portfolio in New Jersey, Florida

Seagis Property Group has secured $176 million in permanent financing for more than 1.2 million square feet of industrial space across six buildings in New Jersey and Florida.

Finance & Capital Markets
Denholtz launches first Delaware Statutory Trust offering, touting strong demand from investors

Denholtz has unveiled its first Delaware Statutory Trust offering, allowing investors to buy a piece of a nearly 226,000-square-foot industrial complex in Central Florida.

Residential & Mixed Use
Russo tops 90 percent leased at new 272-unit New Brunswick rental project

Russo Development is on the path to leasing up a new 272-unit luxury multifamily project in New Brunswick, where it has brought fresh life to what was an aging highway retail site.