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.

Hospitality & Tourism
New interactive, immersive ‘Messi Experience’ coming to American Dream

An immersive fan exhibit celebrating Leo Messi, the Argentine football icon, is coming to New Jersey thanks to a deal involving a locally based Cushman & Wakefield team.

Residential & Mixed Use
Diversified closes on site of planned 266-unit senior housing community in Montville

Diversified Properties has reached a key milestone in a plan to bring nearly 270 age-restricted apartments to a scenic 30-acre property in Montville.

Professional Services
Baker Donelson taps Princeton-based Kaplan as co-chair of real estate team

National law firm Baker Donelson has named Andrew Kaplan, a shareholder in its new Princeton office, as co-chair of the firm’s real estate group.

Finance & Capital Markets
S3 Capital closes $49 million construction loan for new townhomes, apartments in Allenhurst

A developer has scored a $49 million construction loan to build a combined 51 luxury townhomes and affordable rental units in the Monmouth County borough of Allenhurst.

Industrial
Saxum, partners close on site of planned 480,000 sq. ft. light industrial campus in Central Texas

Saxum Real Estate is expanding its footprint in Texas under a newly announced project that calls for 480,000 square feet of light industrial space across five buildings.

Retail
Deluccia: High-end tanning, wellness salon leases 1,500 sq. ft. in Somerset County

An upscale tanning and wellness concept has taken 1,500 square feet at a Larken Associates retail center in Raritan Borough, in a newly announced deal by Deluccia Commercial Group.

Residential & Mixed Use
SAGE: Benchmark deal in Chatham among three multifamily sales totaling $29.4 million

A new eight-unit luxury rental property in Chatham has sold for nearly $5.4 million, in one of three newly announced transactions by SAGE Investment Real Estate Advisors.

Retail
Longpoint inks 11,000 sq. ft. in new leases, renewals at Bedminster retail center, JLL says

An affiliate of Longpoint Realty has secured three new leases and two renewals in Bedminster, where brokers with JLL are spearheading plans to revamp a grocery-anchored retail property.

Residential & Mixed Use
Denholtz rebrands 214-unit North Bergen rental property to expand ‘Rail Living’ platform

Denholtz has rebranded a 214-unit luxury apartment complex in Hudson County, a move aimed at integrating the property with others in its growing multifamily portfolio.

Hospitality & Tourism
TFE buys well-known boardwalk site in Ocean Grove, eyes new community pavilion

TFE Properties has acquired a vacant boardwalk property in Ocean Grove that it now hopes to revitalize with a new 40,000-square-foot pavilion and community destination.