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.

How can state and local leaders help bring new foot traffic to their downtowns?

How can state and local leaders help bring new foot traffic to their downtowns? We assembled a panel of industry experts to tackle this month’s question.

Utz renews for 11,000 sq. ft. in Freehold, Sheldon Gross says

A national snack maker has renewed its lease at a business park in Freehold, where it occupies nearly 11,000 square feet.

‘STEAM Lab’ coming to Atlantic City, seeking to prepare students for future economy

The Boys & Girls Club of Atlantic City is teaming with business leaders to create a new training center for local students, seeking to grow the region’s economy beyond the hospitality sector.

NAI Hanson inks three leases at Chester office buildings

Three tenants have leased a combined 15,437 square feet within a group of Morris County office buildings, under a series of newly announced transactions by NAI James E. Hanson.

Kislak brokers $10.3 million apartment sale in Orange County

An investment group has acquired a 112-unit apartment property about 15 miles north of Sussex County, under a newly announced transaction by The Kislak Co. Inc.

Workforce wellness, resiliency and ironclad industrial sector: Keys to recovery

Despite the ongoing adverse impacts from the COVID-19 pandemic, some experts report that the macroeconomic trends are looking favorable nationally, and especially for New Jersey, but it’s going to be pretty slow going. Marked differences exist among the various sectors, not all of which have bottomed out yet.

Longtime owner sells Burlington retail center for $1.8 million

A retail center just outside Joint Base McGuire-Dix-Lakehurst in Burlington County has changed hands for $1.8 million, according to Feinberg & McBurney Realty/Development LLC.

Marcus inks $2.3 million apartment sale in Hudson County

A partnership has reaped $2.3 million from the sale of a 16-unit apartment property in Union City, under a newly announced transaction by Marcus & Millichap.

Hair salon takes 950 sq. ft., relocates to New Milford

A hair salon has relocated within Bergen County after leasing nearly 1,000 square feet at a New Milford retail property.

G.S. Wilcox announces donation for domestic violence program

The Daniel J. Wilcox Camp Hope Fund has donated another $4,000 in continued support of a sleepaway camp for children who have been impacted by domestic violence.