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
Golf simulator, escape room among latest additions to Bell Works atrium

The mixed-use Bell Works complex in Holmdel is expanding its entertainment and experiential retail offerings, adding an indoor golf facility, an escape room and a virtual reality studio to its indoor pedestrian plaza.

Residential & Mixed Use
2019 sales start strong at high-profile, 79-story condo tower in Jersey City

A condominium tower that is slated to become the state’s tallest residential building is off to a fast start in 2019, inking more than 30 sales in the first quarter.

Office
NKF named leasing agent for three-building office campus in Warren

A three-building, 231,000-square-foot office park in Warren is slated for a series of updates as part of a newly announced marketing plan by Newmark Knight Frank.

Residential & Mixed Use
New 34-unit rental complex on the market in Fairfield, Kislak says

The owner of a newly completed, 34-unit luxury apartment complex in Fairfield is seeking a buyer for the property, The Kislak Co. Inc. announced Monday.

Residential & Mixed Use
Value Cos. picks up management assignment at new Elizabeth rental building

Value Cos. has added a recently opened, 40-unit boutique rental building in Elizabeth to its growing asset management portfolio, the firm announced Monday.

Industrial
Industrial user acquires 65,000 sq. ft. Newark building

A three-story industrial building off Interstate 78 in Newark has changed hands, following a sale brokered by the William F. Connors Agency.

Residential & Mixed Use
Developers eye spring opening for 205-unit project in Harrison

A joint venture is nearing completion of more than 200 new apartments in Harrison, the first piece of a $340 million, mixed-use project along the town’s rapidly changing waterfront.

Industrial
Matrix sells Hamilton truck terminal for $20.5 million, HFF says

An investor focused on logistics property has acquired a nearly 45,000-square-foot truck terminal in Hamilton, in a $20.5 million sale by brokers with HFF.

Professional Services
Greenbaum Rowe adds two real estate attorneys

Two experienced real estate attorneys are among several recent hires at Greenbaum, Rowe, Smith & Davis LLP.

Office
Claims manager takes 5,000 sq. ft. in Atlantic County, Vantage says

A claims management provider has leased 5,000 square feet of office space in Galloway, under a newly announced transaction by Vantage Real Estate Services.