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

Sentiment shift: Encouraged by new Sherrill administration, NJBA sees clearer path to expanded housing production, affordability

A new governor has brought fresh optimism to the New Jersey Builders Association, which points to the Sherrill administration’s focus on affordability and government efficiency as a key step toward expanding the housing stock and lowering costs for residents.

Residential & Mixed Use

Downeaster, TANTUM break ground on 78-unit rental project in downtown Long Branch

A new 78-unit luxury apartment building will soon rise in downtown Long Branch, in a project that will transform a key stretch of the corridor leading to its booming coastline.

Health Care

Medical office demand strong as Accordia leases 21,000 sq. ft. across three properties

Accordia has completed a series of medical office leases in New Jersey, touting strong demand from health care users seeking space in top-tier buildings.

Industrial

Zimmel: Eight-building, 147,000 sq. ft. commercial portfolio in Clark changes hands

An investment group has acquired some 147,000 square feet of commercial space in Clark, seeking to reposition an eight-building portfolio that was anchored by L’Oréal.

Retail

Deluccia: Bound Brook’s Efinger Plaza fully leased after deals with food lab, fitness concept

A prominent retail and office property in Bound Brook is now fully occupied after two recent leases at the complex, according to a brokerage team with Deluccia Commercial Group.

Professional Services

RIPCO welcomes Zaplin as senior associate focused on North Jersey retail leasing

Matt Zaplin has joined RIPCO Real Estate as a senior associate, further expanding the team focused on retail leasing and advisory services in northern New Jersey.

Industrial

JLL: Ridgecut Road buys, lands financing for Edison industrial service property

Ridgecut Road has acquired a nearly six-acre industrial service facility in Edison for $24.5 million, securing the property and financing in transactions arranged by JLL.

Industrial

IDI breaks ground on 155,000 sq. ft. warehouse at former Piscataway office site

Construction is underway on a project that will bring more than 155,000 square feet of new industrial space to Piscataway while revitalizing a former office property.

Office

Nuveen, C&W team ink three leases for 49,000 sq. ft. at Princeton-area office campus

Nuveen Real Estate has filled more than 49,000 square feet after securing three new tenants at a renovated office campus outside Princeton, brokers with Cushman & Wakefield announced.