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
Kislak closes 34-unit portfolio sale in Orange

Two apartment buildings in Orange with a combined 34 units have changed hands for $3.75 million, following a recent deal brokered by The Kislak Co. Inc.

Industrial
Calif. logistics firm buys Hunterdon warehouse, C&W says

A logistics company from Southern California is expanding into New Jersey with its purchase of a 30,000-square-foot warehouse in Hunterdon County.

Residential & Mixed Use
With 99-unit project, Silverman continues its focus on Jersey City’s Hamilton Park

Silverman Building has opened the doors to its latest project in the Hamilton Park section of Jersey City — and the developer says there is still more to come.

Office
UBS taps WeWork to redesign Weehawken office

UBS has hired WeWork to transform a large piece of its well-known U.S. wealth management headquarters along the Hudson River waterfront in Weehawken.

Professional Services
Attorney joins Scarinci Hollenbeck real estate practice

Scarinci Hollenbeck has bolstered its real estate, environmental and land use groups with the hiring of a new attorney in its Red Bank office.

Retail
Fidelco welcomes new convenience store in downtown Newark

A well-known office complex in downtown Newark has a new addition for its tenants and other nearby users — a new Krauszer’s convenience store on its ground floor.

Retail
Somerville retail property trades for $2.3 million, Marcus says

A private investor has sold a 13,000-square-foot retail property in downtown Somerville, according to brokers with Marcus & Millichap who arranged the deal.

Industrial
Sudler inks two big-box industrial deals at former office site in Cranbury

The Sudler Cos. is hailing the success of a high-profile redevelopment project in Cranbury, where it has leased two new industrial buildings totaling 758,000 square feet at the former site of a large office complex.

Office
NKF touts 65,000 sq. ft. in leasing at Bridgewater office building

A telecommunications equipment firm has leased 35,000 square feet at a Bridgewater office building, one of three new leases announced by brokers with Newmark Knight Frank.

Residential & Mixed Use
Fields launches leasing at newest Jersey City rental building (SLIDESHOW)

After the rapid lease-up of a new 255-unit rental building in Jersey City, Fields Development Group is rolling out another 153 luxury apartments at an adjacent project.