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.

Roundtable
Tell us about a new design or construction trend that you’re seeing in the industrial sector.

Tell us about a new design or construction trend that you’re seeing in the industrial sector. We assembled a panel of industry experts to tackle this month’s question.

Finance & Capital Markets
Life insurer provides $85 million loan for 297-unit Overlook Flats in Jersey City, Wilcox says

The developer of a new 297-unit apartment building in Jersey City has landed $85 million in financing for the property, in a newly announced deal by G.S. Wilcox & Co.

Finance & Capital Markets
Data center capital markets experts Morris, Putnam join Cresa to launch advisory platform

Cresa is launching a capital markets and advisory platform for data centers after adding the well-known brokerage team of Michael Morris, Sumner Putnam and Matt Deutsch.

Retail
Goldstein Group: Rug dealer Wool & Loom takes 12,000 sq. ft. on Route 17 in Paramus

A luxury rug retailer has leased more than 12,000 square feet at a freestanding building in Paramus, according to a brokerage team with The Goldstein Group.

Education
Petrucci expands education portfolio with acquisition of North Bergen school building

J.G. Petrucci Co. Inc. has acquired a 34,000-square-foot school building in North Bergen as part of a push to expand its footprint in the education sector.

Office
Christie’s: Florida-based personal injury law firm leases 5,400 sq. ft. in River Edge

A personal injury law firm has taken more than 5,400 square feet at a River Edge office building, in a newly announced deal by Christie’s Commercial Real Estate.

Residential & Mixed Use
Developer looks to sell new 199-unit luxury rental building in Bloomfield, JLL says

The developer of a new 199-unit luxury apartment building in downtown Bloomfield is seeking a buyer for the property, in a newly announced offering by JLL.

Industrial
NAIDB named leasing agent for 70,000 sq. ft. across three Central Jersey industrial buildings

The owners of three industrial buildings in Middlesex and Somerset counties have tapped NAI DiLeo-Bram & Co. to market the properties for lease.

Office
Lincoln Equities Group inks five new leases for 16,000 sq. ft. at Princeton Forrestal Village

Lincoln Equities Group has secured five new tenants at Princeton Forrestal Village after nearly 16,000 square feet in recent leasing activity at the mixed-use campus in Plainsboro.

Residential & Mixed Use
Investor buys 48-unit Gloucester County rental complex for $5.1 million, A.J. Sussman says

A private investor has paid $5.1 million for a 48-unit apartment complex in Gloucester County’s Franklin Township, according to a brokerage team with A.J. Sussman Co.