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
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.

Technology
Solar Landscape secures $600 million debt facility to support fast-growing project pipeline

Solar Landscape has closed on a $600 million financing commitment from First Citizens Bank to help accelerate its pipeline of rooftop solar projects in New Jersey and nationally.

Residential & Mixed Use
Mutual support: Randolph rental project opens to great demand as developers, officials tout partnership that brought plan to fruition

A new 199-unit rental community has arrived in Randolph, bringing a much-needed infusion of housing and highlighting the role of collaboration between developers and local leaders.

People
Milewski elevated to managing director with Vision Properties, Arena Capital Group

Vision Properties has promoted David Milewski to managing director, expanding his role with the firm and the affiliated Arena Capital Group as it continues to scale its platform.

Residential & Mixed Use
LCOR taps SERHANT to lead leasing at 386-unit Hoboken rental project

LCOR has unveiled its leasing and marketing partner for a high-profile, 386-unit residential tower that’s now under construction in downtown Hoboken.

Professional Services
LaBella Associates acquires Somerset-based Prestige Environmental

Prestige Environmental Inc., a consulting firm based in Somerset County, is starting a new chapter after being acquired by Rochester, New York-based LaBella Associates.

Office
Sheldon Gross: West Orange office building secures three renewals totaling 18,000 sq. ft.

Three tenants at a West Orange office building have signed renewals, accounting for nearly 18,000 square feet in recent leasing at the 101,000-square-foot property.