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.

Residential & Mixed Use
CBRE: North Jersey investor seeking buyer for 209-unit East Orange multifamily portfolio

The owner of a new two-building, 209-unit apartment portfolio in East Orange has listed the properties for sale, brokers with CBRE announced Wednesday.

Retail
Investor buys 8,000 sq. ft. strip center in Jackson, Marcus & Millichap says

A local private investor has closed on its purchase of an 8,000-square-foot retail center in Jackson, in a newly announced deal by Marcus & Millichap.

Retail
Silbert: Indoor golf facility takes 4,700 sq. ft. to fill Branchburg shopping center

An indoor golf simulator is coming to a grocery-anchored retail complex in Branchburg following a lease secured recently by Silbert Realty & Management.

Features
Hitting home: ‘The Journal’ is latest project to arrive in Jersey City with Paolino, attorney and city native, as a guiding hand for developers

A landmark project in Journal Square is especially meaningful for Gene Paolino, a senior partner with Genova Burns who spent nearly 20 years guiding the development. He’s also a Jersey City native, meaning he’s been personally invested in the city’s growth during a legal career that spans more than four decades.

Industrial
NAIDB, NAI Hanson team up to market new 106,000 sq. ft. South Brunswick industrial project

The owner of more than 106,000 square feet of new industrial space in South Brunswick has paired two well-known New Jersey-based brokerage firms to help it attract a tenant.

Professional Services
Wilkes, regional leader of Ware Malcomb civil practice, elevated to principal

Ware Malcomb has promoted Ed Wilkes to principal, a move that highlights his role in building its civil engineering practice in New Jerey and across the East Coast.

Residential & Mixed Use
Design industry veteran Brach joins Walters Architecture

Walters has hired Fred Brach, bolstering the team responsible for designing its affordable housing communities throughout the region.

Community
JLL teams with nonprofit in volunteer, fundraising effort to transform pediatric hospital rooms

JLL employees across the country are lending their support to Once Upon a Room, an inspiring nonprofit that transforms hospital rooms and spaces for children battling serious illnesses.

Office
JLL seeking buyer for 167,000 sq. ft. Princeton-area office building, home to Integra HQ

The headquarters of a global medical device company is on the market for sale in Plainsboro, offering what brokers say is a single-tenant, net-leased office property in a coveted submarket.

Government & Public Policy
Sherrill signs order to speed housing production, eyeing cross-agency council with key deadlines

Gov. Mikie Sherrill is making a push to accelerate housing production in the state, announcing plans for a new multiagency council and several other steps to reduce barriers to development.