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.

Community
Inaugural Gov. Richard J. Codey Memorial Golf Outing to support mental health initiatives across New Jersey — with major support from CRE community

A new golf outing next month will honor the legacy of the late Gov. Richard J. Codey, supporting his decades-long mission to improve mental health care and fight stigma surrounding mental illness.

Government & Public Policy
Sherrill: State seeking development partners for transit hub sites in Bayonne, Linden

State officials are looking to jumpstart development around two train stations, in Bayonne and Linden, as they ramp up efforts to both expand housing and monetize government-owned land.

Residential & Mixed Use
JLL lists 212-unit Riverdale rental property with potential for full value-add interior update

A two-building, 212-unit apartment complex in the Morris County borough of Riverdale is on the market for sale, in a new listing by JLL’s capital markets group.

Health Care
Construction underway for new 186,000 sq. ft. skilled nursing center in Montvale

The operator of what will be a new skilled nursing facility in Montvale has broken ground on the project, where it’s bringing new life to the former site of a vacant office building.

Industrial
NAI Hanson: Leonia gymnastics, cheerleading center leases 20,000 sq. ft. for new facility

A youth gymnastics facility in Leonia is moving after securing a new location at a neighboring building in the borough, according to a leasing team with NAI James E. Hanson.

Office
Larken completes refresh of 43,000 sq. ft. office building in Greenwich Township

Larken Associates has completed a major update of a nearly 43,000-square-foot professional and medical office building in Warren County, the real estate firm announced Wednesday.

Residential & Mixed Use
Stillman tops off luxury condo project in Long Branch, eyes early 2027 completion

With less than a year until completion, the developer of what will be more than 130 new oceanfront condominiums in Long Branch has marked a key construction milestone.

Industrial
Dermody touts expansion with ecommerce firm, new lease with 3PL in Carneys Point

Dermody has inked two significant leases at a South Jersey industrial park, including an expansion by an ecommerce brand and a new commitment by a third-party logistics firm.

Featured
Blau & Berg mourns loss of Christian Walsifer, deeply respected broker with ‘quiet strength and calm demeanor’

The Blau & Berg Co. is remembering Christian Walsifer, a longtime and highly respected broker with its Short Hills-based team, who died last week at age 48.

Industrial
Jadian grabs 5.2-acre Somerset property in latest New Jersey industrial outdoor storage deal

Jadian has secured another industrial outdoor storage property in New Jersey, acquiring a 5.2-acre site in Franklin Township under a deal arranged by CBRE.