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
North Jersey apartments on pace for largest growth in years

More than 8,000 apartments will be delivered this year through new construction in northern New Jersey, the highest total of any year to date in the current real estate cycle.

Finance & Capital Markets
CBRE: Upgrades coming to Basking Ridge buildings after $9.6M sale

An investment firm will reposition two Basking Ridge office buildings after acquiring them from Mack-Cali Realty Corp., CBRE said Thursday after brokering the sale of the properties.

Retail
C&W brokers sale of three Bayonne properties

Three mixed-use and commercial properties in Bayonne have new owners after a series of deals announced Thursday by Cushman & Wakefield.

Office
Oakland office building changes hands in NAI Hanson-brokered deal

A property owner in northern Bergen County has expanded its portfolio with the purchase of an office and flex property in Oakland, following a deal brokered by NAI James E. Hanson.

Residential & Mixed Use
Hackensack seeks developer for mixed-use site

As new construction activity heats up in downtown Hackensack, the city is now seeking a developer to transform a parking lot into a mixed-use “gateway” to its central business district.

The Rundown
Riverfront park revival continues in Newark

Public officials and business leaders broke ground Wednesday on the next phase of a project to expand Newark’s Riverfront Park, a plan that calls for a boardwalk, walkway system and other amenities to connect the Passaic River to the city’s downtown.

Office
Law firm expands at soon-to-be-improved office building

The longest-standing tenant at a Livingston office building has expanded its footprint within the property, Cushman & Wakefield said Wednesda

Retail
Hampshire sells retail site in upstate N.Y.

The Hampshire Cos. has sold a 10-year-old, single-tenant retail building just outside Albany, New York, the Morristown-based real estate firm said Wednesday.

Office
Firm acquires, plans HQ at Bergen County office building

A medical communications firm has acquired an office building in Upper Saddle River that will serve as its new corporate headquarters, according to NAI James E. Hanson.

Industrial
Sizing up e-commerce and its role in N.J.’s industrial sector

A series of high-profile deals, along with research by a top real estate services firm, shows that the demand from e-commerce users is overwhelming in the Garden State. And it shows no signs of abating, as online retail businesses and on-demand food services only continue to grow.