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.

Retail
Doren Development buys historic building in downtown Rutherford, with updates underway

Doren Development has acquired a historic mixed-use building in downtown Rutherford, where it has kicked off renovations to restore and modernize the landmark property.

Residential & Mixed Use
Walters launches affordable housing lottery at 66-unit Galloway site, eyes spring completion

Walters is targeting a spring delivery of a new 66-unit multifamily property in Atlantic County, as it solicits residents through a just-launched affordable housing lottery.

Industrial
PREMIER delivers new 152,000 sq. ft. Union industrial project for Brookfield

PREMIER Design + Build Group has completed its latest project in New Jersey, delivering a nearly 152,000-square-foot industrial facility in Union Township for Brookfield Properties.

Retail
Local buyer adds 22,000 sq. ft. Rutherford retail center in $7.4 million deal, Marcus says

A private investor has acquired a nearly 22,000-square-foot retail property in Rutherford for $7.35 million, brokers with Marcus & Millichap announced Friday.

Industrial
Sitex expands team with key hires, promotion

Sitex Group has announced three new hires and a promotion on its Englewood-based team as it supports a growing industrial portfolio in New Jersey, New York and South Florida.

Industrial
Goodman hits key milestones, eyes late 2026 delivery for new Jersey City logistics hub

Goodman Group has completed its teardown of the former New York Daily News printing facility in Jersey City, where it plans to build more than 427,000 square feet of new industrial space that it says can support a range of user types.

Industrial
Kislak: Pennington industrial park changes hands for first time in 30 years, fetching $3.3 million

A longtime owner has sold a more than 30,000-square-foot industrial park in Mercer County for $3.3 million, in a newly announced deal by The Kislak Co. Inc.

Technology
Owners of NEST campus in Kenilworth launch major update of common spaces, amenities

The team behind the high-profile Northeast Science and Technology Center in Kenilworth have kicked off a multimillion-dollar renovation of the site’s anchor building, with plans to create 75,000 square feet of new amenities and common spaces for current and future tenants.

Residential & Mixed Use
J&L inks lease with Alpha Fit Club to bring fitness studio to new Ironbound rental property

A new boutique fitness studio is coming to Newark’s Ironbound section after taking space at Fifty-Five Union, the 403-unit upscale multifamily property developed by J&L Cos.

Office
IT provider takes 7,600 sq. ft. in Pennsauken for new headquarters, Vantage Commercial says

A managed information technology provider has leased more than 7,600 square feet of office space in Pennsauken, brokers with Vantage Commercial announced Thursday.