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
Developers launch leasing at Jersey City rental project (SLIDESHOW)

A joint venture is set to deliver 163 new apartments on the west side of Jersey City, the latest piece of a master-planned project around the campus of New Jersey City University.

Industrial
Company inks sale-leaseback for 8A distribution center, C&W says

A clothing manufacturer has sold and leased back its nearly 320,000-square-foot distribution center in South Brunswick, in a deal arranged by Cushman & Wakefield.

Retail
HFF brokers sale of Burlington County retail property

A family trust has sold a 7,000-square-foot, single-tenant retail building in Burlington County, brokers with HFF announced Wednesday.

Residential & Mixed Use
Developer unveils 393-unit rental project in New Brunswick (SLIDESHOW)

Alliance Residential Co. has taken the wraps off nearly 400 new apartments in downtown New Brunswick.

Industrial
Woodbridge industrial building sells for $18.6 million, CBRE says

An investment group based in Los Angeles has acquired a 133,032-square-foot industrial building in Woodbridge, in an $18.6 million deal arranged by CBRE.

Residential & Mixed Use
Leasing underway at new Cherry Hill apartment complex

A joint venture has unveiled a new 152-unit apartment complex in Cherry Hill, touting a project with larger unit sizes than those found in competing developments.

Office
Denholtz: Upgrades yield leases at Somerset County office building

Denholtz Associates is touting nearly 17,000 square feet in leasing activity at a Bernardsville office building, where it recently completed $500,000 in upgrades.

Office
Lotus project banks on Newark’s rising profile, intrigue of timber construction

Lotus Equity Group hopes to tap into the intrigue of a mass timber office building as it markets plans for Riverfront Square, a sweeping mixed-use project at the site of the former Newark Bears stadium. The developer and its marketing team, led by brokers with Cushman & Wakefield, are also banking on the rising interest in Newark as a destination for new office users, following recent high-profile deals and the city’s selection as a finalist for Amazon’s second headquarters.

Residential & Mixed Use
Building a legacy: Panepinto, a pillar in Jersey City’s redevelopment, has much more to come

Panepinto Properties has had ties to virtually every major project in Jersey City since its founding in the late 1970s — and that involvement is poised to continue through new development downtown and in the resurgent Journal Square neighborhood.

Retail
Stro acquires former home of iconic party supplies store on Route 17

The Stro Cos. has acquired a well-known but vacant retail property in Lodi, with plans to renovate and reposition the local landmark to attract new tenants.