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
Next phase of Camden affordable housing redevelopment underway

Michaels Development and the city of Camden have broken ground on 72 low- and moderate-income apartments, continuing a project to redevelop a blighted public housing complex.

Photos
AESI founder named ‘Executive of the Year’ at NJBIA event

The head of Atlantic Environmental Solutions Inc. has earned “Executive of the Year” honors as part of an annual awards ceremony by the New Jersey Business & Industry Association.

Industrial
Rockefeller, HVAC provider ink 155,000 sq. ft. lease in Piscataway

Rockefeller Group and PCCP LLC have filled a second building at their planned 2.1 million-square-foot industrial park in Piscataway, signing a 155,000-square-foot lease with a maker of ductless heating and cooling products.

Residential & Mixed Use
HFF seeking buyers for Morris Twp. apartment complex

A townhouse-style apartment community just outside Morristown is on the market for sale, according to brokers with HFF who are leading the offering.

Government & Public Policy
NJAA draws record crowd to PAC fundraiser with state lawmakers (SLIDESHOW)

Dozens of state lawmakers met face to face recently with leaders in the multifamily sector, as the New Jersey Apartment Association hosted its annual political action committee reception.

Finance & Capital Markets
Wilcox inks $17.6 million loan for 8A warehouse

G.S. Wilcox & Co. has brokered $17.6 million in financing for the owner of a nearly 341,000-square-foot industrial building in the Exit 8A submarket.

Industrial
Electrical supplier takes 9,300 sq. ft. in Bergenfield

An electrical supply wholesaler has leased more than 9,000 square feet at a flex industrial building in Bergenfield, under a recent transaction announced by NIA National Realty.

Professional Services
Goldstein Group broker promoted to vice president

The Goldstein Group has announced a new promotion within its brokerage ranks.

Industrial
New Jersey industrial sales top $900 million in Q3, NAI Hanson says

Investors have stayed bullish on New Jersey’s industrial market, driving more than $900 million in sales volume during the third quarter for warehouse and logistics space in the region.

Industrial
C&W adds 2.2 million sq. ft. to New Jersey asset management portfolio

Cushman & Wakefield has added more than 2.2 million square feet to its New Jersey property management assignments, thanks to continued demand from both industrial tenants and investors.