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.

Industrial
Mapletree plans two-building, 953,000-square-foot logistics park after securing Manalapan site

Mapletree Investments has acquired some 97 acres in Monmouth County with plans to develop nearly 953,000 square feet of new industrial space across two buildings.

People
Smith, recent addition to NAI Hanson, joins firm’s Institutional Services Group as analyst

Russell “Pepe” Smith has joined the fast-growing Institutional Services Group at NAI James E. Hanson, the state’s largest locally based independent commercial real estate services firm.

Retail
Tulfra, Hampshire welcome Chipotle (with ‘Chipotlane’) to Belleville’s Park 11 complex

A new Chipotle Mexican Grill has opened in Belleville, marking the latest addition to a mixed-use redevelopment project by Tulfra Real Estate and The Hampshire Cos.

Retail
Local investor buys 3,300 sq. ft. highway retail property in Little Falls, VanRockCRE says

A value-add investor has purchased a 3,300-square-foot retail building in Little Falls, in a newly announced transaction by VanRockCRE.

Featured
Newmark: Goodman buys landmark Anheuser-Busch brewery site in Newark for $360 million

The now-shuttered Anheuser-Busch brewery at 200 Route 1 in Newark has been a fixture in the city for some 75 years. By Joshua Burd Anheuser-Busch has reaped $360 million from the sale of its iconic former brewery complex just west…

Residential & Mixed Use
Luxury living, community space set to converge at Hoboken’s new Southend Lofts

The landmark Southend Lofts in Hoboken has welcomed its first residents, in a key milestone for the project as its developer and city officials look ahead to the new dining and retail hub that will take shape inside the building’s dramatic public atrium.

Residential & Mixed Use
IPRG: Buyer of historic Paterson mill complex eyes redevelopment after $6 million sale by Procida Funding

Procida Funding has completed its sale of a well-known industrial complex and redevelopment site in Paterson, in a deal arranged by Investment Property Realty Group.

Professional Services
Fielding joins FBT Gibbons real estate group as partner

FBT Gibbons has bolstered its real estate team in the region with the addition of Matthew D. Fielding as a partner in its Newark office.

Retail
H&T: Investor buys 7,100 sq. ft. Hopatcong property with Dunkin’, USPS for $2.5 million

A private investor has picked up a two-tenant commercial property in downtown Hopatcong, paying $2.5 million in a deal arranged by Horvath & Tremblay.

Retail
Trading card, collectibles shop takes 5,700 sq. ft. in Green Brook, Deluccia says

A specialty trading card and collectibles retailer has leased nearly 5,700 square feet at a Somerset County shopping center, according to a brokerage team with Deluccia Commercial Group.