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
Building management software firm primed for additional growth after $3.5 million raise

A firm that provides software for building management and energy efficiency has raised $3.5 million in venture funding to help expand its footprint and its trademark technology.

Professional Services
GHC attorney joins national homebuilders committee

An attorney with Giordano, Halleran & Ciesla has earned a key committee appointment with the National Association of Home Builders.

Retail
Pierson touts 19,000 sq. ft. lease, opening of Aldi in Howell

An Aldi supermarket is among the newest retailers along Route 9 in Howell, under one of several recent transactions announced by Pierson Commercial.

Residential & Mixed Use
HFF seeking buyer for waterfront apartment towers in Jersey City

A two-tower, 648-unit apartment complex that helped usher in Jersey City’s transformed skyline has hit the market for sale.

Residential & Mixed Use
Developers set to unveil 91-unit luxury rental project in Newark

A new mixed-use building is set to open in Newark, offering 91 luxury apartments and street-level retail space in the city’s North Ironbound neighborhood.

Retail
NAI Mertz inks 175,000 sq. ft. retail sale in Cape May Co.

A nearly 175,000-square-foot retail center in Cape May County is under new ownership after a recent sale arranged by brokers with NAI Mertz.

Residential & Mixed Use
LeFrak reaches 90 percent leased milestone at 163-unit project in Jersey City

Just five months after opening, one of LeFrak’s newest residential buildings in Jersey City is on its way to being fully leased.

Industrial
Bedding maker takes 66,000 sq. ft. in Wood-Ridge, Team Resources says

A bedding products company has leased nearly 66,000 square feet at a Wood-Ridge industrial building, in a transaction arranged by Team Resources Inc.

Government & Public Policy
Incentives: Insiders expect greater scrutiny, urge proactive approach amid Trenton firestorm

If you’ve begun to collect tax credits under Grow New Jersey and other state incentive programs, experts say now is the time to be proactive and verify that you have met your commitments for job creation and retention.

Residential & Mixed Use
New high-end condos open at converted Jersey City factory

A developer has added to its fast-growing footprint in Jersey City, unveiling 60 new luxury condominiums at a converted factory near the Hoboken border.