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.

Newmark: Investors acquire 352,000 sq. ft. Gannett plant in Rockaway for $39 million

A joint venture has acquired a 352,461-square-foot printing plant in Rockaway for $39 million, in a deal arranged by Newmark’s tristate capital markets team.

Velocity expands footprint in Pennsauken with purchase of 560,000 sq. ft. industrial property

Velocity Venture Partners has acquired a 560,000-square-foot industrial building in Pennsauken for $32 million, in the latest addition to its fast-growing portfolio in the township.

JLL adds senior vice president to lead Northeast industrial project management team

JLL has named a new senior vice president to lead its Northeast industrial project management group.

Redevelopment Trends – NY Tristate’s Redevelopment in Turmoil

Redevelopment activity in the New York Tristate Region is searching for direction. Post-pandemic, there is pressure to redefine business, retail and residential redevelopment programs. The revised target forces everyone to take a longer look and a broader view of the various impacts this redefinition may bring.

Builder wins approval for 44-unit East Orange rental project, Taylor Architecture says

A developer is moving ahead with plans for a new 44-unit apartment building in East Orange after securing a key local entitlement for the project.

Gilbane names new business development manager in Newark office

Gilbane Building Co. has tapped an engineering and construction industry veteran as the newest addition to its New Jersey business development team.

Goldstein Group: Four tenants ink leases on Hudson County’s Bergenline Avenue

Four tenants have leased a combined 12,000 square feet along a well-known retail corridor in Hudson County, in a series of deals arranged by The Goldstein Group.

Dentist takes 2,700 sq. ft. at new Eastampton apartments, Vantage Commercial says

A dental practice has leased nearly 2,700 square feet at a newly developed apartment property in Burlington County, in a newly announced transaction by Vantage Commercial.

Developer eyes fall groundbreaking for boutique apartment building in Elizabeth

A developer is planning a fall groundbreaking in Elizabeth after receiving key local approvals for a proposed 17-unit apartment building in the city’s Elmora Hills neighborhood.

Showboat owner Blatstein breaks ground on massive indoor waterpark in Atlantic City

A sprawling year-round waterpark with a retractable glass-pane roof is coming to Atlantic City as part of a project that’s now underway at the resort town’s Showboat hotel.