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
NJAA wins national honors for communications, website

The New Jersey Apartment Association has earned three national honors for its work in digital communications and editorial content.

Residential & Mixed Use
Advance completes first phase of upgrades at Hoboken apartments (SLIDESHOW)

Advance Realty has unveiled the first phase of its plan to renovate and enhance a 128-unit luxury apartment in uptown Hoboken, following its acquisition of the property last year.

Residential & Mixed Use
Townhomes debut at Soho Lofts in Jersey City

Manhattan Building Co. has taken the wraps off eight upscale townhome apartments at Soho Lofts, a 377-unit rental property in Jersey City.

Retail
Healthy options: A look at the growth of medical retail in New Jersey

Medical tenants have become increasingly critical to the retail sector, creating a new opportunity for landlords who have grappled with e-commerce and bankrupt retail chains. New Jersey is no exception, and the opportunity comes as urgent care centers, physical therapists and other businesses experience rapid growth spurred by major changes in the health care industry.

Retail
For CityMD, there is room to grow in New Jersey

For a business that started in Manhattan, New Jersey seemed like a logical extension for CityMD. But the urgent care chain says that’s as much about culture as it is about geography or the 5 million people in the northern part of the state.

Professional Services
Colliers names new market leader in New Jersey

Colliers International has tapped a veteran broker and manager as the new leader of its New Jersey offices.

Finance & Capital Markets
Wilcox brokers $7.2 million refi for Bloomfield office building

The owner of a well-known office building in downtown Bloomfield has refinanced for $7.2 million, in a transaction arranged by G.S. Wilcox & Co.

Professional Services
Weichert hires new vice president in Edison office

Weichert Commercial Brokerage Inc. has added to its team with the hiring of a new vice president.

Retail
Monmouth County retail, office center trades for $4.4 million

An investor has acquired a 52,000-square-foot commercial property in Howell for nearly $4.5 million, brokers with The Kislak Co. Inc. said Monday.

Finance & Capital Markets
NKF New Jersey team touts 155,000 sq. ft. office sale in Long Island

Brokers in Newmark Knight Frank’s northern New Jersey office have completed the sale of a 10-building, 155,000-square-foot office park in Long Island.