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
TAY Investments opens 116-unit rental building to transform East Orange site

TAY Investments has unveiled a 116-unit luxury apartment building in East Orange that has brought new life to a former restaurant site off Interstate 280.

Retail
Doren Development buys Rutherford bank property, inks new lease with Columbia

Doren Development has found a new tenant for a bank property in downtown Rutherford after acquiring the nearly 2,300-square-foot building.

Community
J&L’s latest ‘Build-a-Backpack’ event benefits charter school students in downtown Newark

More than 150 students in downtown Newark will start the school year with new backpacks and classroom supplies thanks in large part to an initiative by J&L Cos.

Residential & Mixed Use
Mary Cook Associates details interiors projects for Old Tappan, Ho-Ho-Kus rentals

Mary Cook Associates is touting the completion of Bergen County apartment buildings where it provided interior design services for common areas and unit finishes.

Residential & Mixed Use
Rosera Wesmont, new 295-unit rental property in Wood-Ridge, hits 50 percent leased

JCMLiving has rented 50 percent of its new 295-unit luxury apartment building in the master-planned Wesmont Station district in Wood-Ridge.

Featured
Going global: Inside the growth of Asian logistics firms in New Jersey’s industrial market

Asia-based third-party logistics firms have played an increasingly important role in New Jersey’s industrial sector, creating new demand and helping to fill excess inventory after a recent surge in speculative construction. How those firms will be impacted by outsized tariffs and the U.S. trade war with China remains to seen, but developers are optimistic about what is now an established class of tenants.

Finance & Capital Markets
Kaplan refis 200-unit Helmetta property with $38 million Nuveen loan, JLL says

Kaplan Cos. has closed on more than $38 million in financing for a 200-unit apartment and townhome property in Helmetta, according to a debt placement team with JLL.

Professional Services
PS&S promotes Ryberg to vice president of architecture

PS&S, the Warren-based professional services firm, has promoted Jesper Ryberg to vice president of architecture.

Retail
Café, waffle concepts ink leases for new Hoboken locations, Zoltek says

Two new food and beverage concepts have arrived in Hoboken after leasing space in the city’s bustling downtown, according to a team with Zoltek Commercial Real Estate Services.

Retail
Azarian: Allendale Town Center fully leased after upscale café takes 1,000 sq. ft.

A luxury café has leased more than 1,000 square feet at the grocery-anchored Allendale Town Center in Bergen County, in a newly announced deal by Azarian Realty Co.