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.

Industrial

JLL picked to manage Linden industrial portfolio

The new owner of two Linden industrial properties has hired JLL to manage them.

Industrial

Sudler lands first tenant at newest Lakewood industrial site

The Sudler Co. has inked a 25,000-square-foot warehouse lease in Lakewood with a maker of wire ducts and other products.

Office

Mack-Cali: ‘Transformation’ coming to Jersey City footprint

Mack-Cali Realty Corp. plans to spend upwards of $75 million on the “transformation and reimagination” of its Harborside office complex in Jersey City, part of a sweeping effort to upgrade key commercial assets across its portfolio.

Residential & Mixed Use

Dual ceremonies mark progress in NJCU makeover

New Jersey City University marked two milestones — the opening of a new student housing complex and the start of a nearby development that will bring new market-rate apartments and retailers to the area.

The Rundown

Developer asks judge to throw out lawsuit over Jersey City tower

By Real Estate NJ A lawsuit tied a dispute over defunct freight lines has threatened to derail the development of a 35-story residential tower in downtown Jersey City. A report Monday by The Jersey Journal said the developers of the…

NJCU, developers set to reshape Jersey City’s west side

The west side of Jersey City is poised for a major transformation, thanks to a set of development projects that are planned for more than 20 acres around New Jersey City University.

Office

Verizon expands to 200K sq.ft. at Eastman building in Livingston

Verizon Communications has renewed its lease and added to its already large footprint at a Livingston office complex.

Finance & Capital Markets

Sica: NJCU project has ‘everything to offer’

In today’s “ecosystem of real estate in New Jersey,” Jeff Sica knows that good opportunities are hard to find when it comes to mixed-use, transit-centric projects that feed off of New York City.

Office

NAI Hanson orchestrates trade of Paterson commercial complex

Two office buildings and a nearby lot in Paterson have changed hands after a sale brokered by NAI James E. Hanson.

The Rundown

State Supreme Court takes up latest affordable housing case

New Jersey’s decades-long battle over affordable housing policy is heading back to the state Supreme Court, which has opted to hear an appeal for the latest dispute over how those obligations are calculated for local governments.