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
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.

Professional Services
NAI Hanson Management lands three new assignments in New Jersey, New York

NAI James E. Hanson has added to its property management portfolio in the region after securing assignments for three properties totaling more than 591,000 square feet.

Residential & Mixed Use
Joint venture partner wanted for two-tower, 720-unit Journal Square rental project, JLL says

A developer is seeking a partner for a project that would bring at least 720 apartments to a well-known site just minutes from the Journal Square Transportation Center in Jersey City.

Retail
RIPCO inks three leases to fill Regency Centers property in Pompton Lakes

The owner of a Passaic County shopping center has leased up the property, securing three new tenants with the help of a RIPCO Real Estate brokerage team.

Professional Services
Real estate attorneys Baker, Willner and Dimitro join Dilworth Paxson LLP

Dilworth Paxson LLP has bolstered its real estate practice in the region with the addition of Robert L. Baker Jr. and Michael J. Willner as partners and Jesse M. Dimitro as a senior associate.

Retail
Marcus: Investor buys new net-leased Wawa store, gas station in Edison for $8.8 million

A new Wawa convenience store and gas station property in Edison has changed hands for more than $8.8 million, brokers with Marcus & Millichap announced Tuesday.