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
Gebroe-Hammer inks $32.6 million sale of Woodmont property in Bridgewater

Woodmont Properties has sold a 100-unit apartment complex in Bridgewater for more than $32 million, in a sale announced by Gebroe-Hammer Associates.

Finance & Capital Markets
HFF sources $13 million loan to refinance, expand Gloucester Co. industrial site

A joint venture has secured $13 million to refinance and expand a 113,000-square-foot industrial building in West Deptford, in a transaction arranged by HFF.

Industrial
Goldstein Group touts 50,000 sq. ft. industrial sale in North Bergen

The Goldstein Group has brokered the sale of a 50,000-square-foot industrial building in North Bergen, in one of two deals announced this week by the retail brokerage firm.

Professional Services
Two N.J. law firms detail plans to combine under MS&B banner

Two New Jersey law firms are joining forces to create a team of more than 50 attorneys and what it says will be a wide-ranging legal practice.

Retail
Marcus: Neptune retail property sells for $4.3 million

A developer has sold an 18,150-square foot retail property in Neptune for nearly $4.3 million, brokers with Marcus & Millichap announced Wednesday.

Top News
N.J. Hall of Fame breaks ground on museum at American Dream

The New Jersey Hall of Fame has broken ground on its permanent home at the sprawling American Dream complex in East Rutherford, hosting stakeholders and dignitaries on Wednesday for a ceremonial kickoff to the project.

Finance & Capital Markets
New York Life inks $135 million loan for mixed-use Fort Lee project

New York Life Insurance Co. has originated $135 million in financing for Hudson Lights, the two-year-old residential and retail property near the George Washington Bridge in Fort Lee.

Industrial
NAI Hanson: Fashion company acquires 73,000 sq. ft. warehouse in Lodi

A fashion company has acquired a nearly 75,000-square-foot industrial building in Lodi, which it plans to use to both fulfill its e-commerce business and support a retail location in Manhattan.

Industrial
Three tenants renew at Denholtz flex park in Toms River

Denholtz Associates has completed three renewals at a 95,000-square-foot business park in Toms River, the developer and investment firm announced Tuesday.

Office
Nonprofit for rescue animals hopes to acquire Hackensack building, create innovation center

A nonprofit focused on improving the lives of rescue animals is hoping to turn a Hackensack building into a global innovation center, a plan that will be on display this weekend as the organization hosts donors and other supporters at the Route 17 property.