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.

Professional Services
Hilton, McBride join Cushman to bolster global portfolio solutions unit

Cushman & Wakefield has welcomed brokers Nick Hilton and Brendan McBride, adding two industry veterans to the global portfolio solutions team based in its New Jersey office.

Professional Services
Investment firm seeking buyer for 253,000 sq. ft. Woodcliff Lake office building, JLL says

The owner of a nearly 253,000-square-foot office building in Woodcliff Lake has listed the property for sale, in an offering that follows a recent uptick in leasing activity.v

Residential & Mixed Use
Nasser Freres launches leasing at 622-unit Journal Square rental tower

Another luxury apartment tower has arrived in Journal Square, adding more than 600 units to the historic but fast-growing commercial district in Jersey City.

Industrial
Connors inks $3 million sale of 15,000 sq. ft. North Bergen industrial building

More than 15,000 square feet of industrial space in North Bergen has changed hands as part of a $3.05 million building sale arranged by the William F. Connors Agency, the firm announced.

Industrial
Blau & Berg: Startup takes 42,000 sq. ft. in Harrison for fusion energy research facility

A clean energy startup is expanding to Harrison with a new lease for nearly 42,000 square feet of industrial space, brokers with The Blau & Berg Co. announced Tuesday.

Residential & Mixed Use
New 10-unit luxury rental building in Westfield fetches $4.8 million, Kislak says

A private investor has purchased a 10-unit luxury apartment building in downtown Westfield for $4.8 million, in a newly announced deal by The Kislak Co. Inc.

Professional Services
CB Construction Management leads major refresh of Hackettstown senior housing

CB Construction Management has completed a multiphase interior renovation of Riverwalk Village, a 118-unit senior living community in Hackettstown.

Professional Services
R&J promotes Dreisbach, Cheng as Serian joins as digital media and content manager

R&J Strategic Communications has promoted Jeremy Dreisbach and Dexter Cheng, announcing the moves alongside the hiring of Andrew Serian to support its growing digital media team.

Office
C&W: Rare coins dealer, hair care brand ink office leases at 601W’s Harborside in Jersey City

Two companies are moving to the new-look Harborside campus in Jersey City, combining for nearly 11,000 square feet in leasing activity with landlord 601W Cos.

Finance & Capital Markets
CBRE: Developer lands $31 million permanent loan for 115-unit Montgomery rental project

The developer of a new 115-unit luxury rental community in Somerset County has closed on $31 million in permanent financing, according to brokers with CBRE.