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
LEG closes on Bayonne site for 1.6 million sq. ft. industrial park

Lincoln Equities Group has completed its purchase of a 153-acre waterfront site in Bayonne, where it’s planning some 1.6 million square feet of new warehouse and distribution space.

Government & Public Policy
Greater Trenton adds city native as project manager

The organization charged with promoting economic development in Trenton has hired a city native to serve as a project manager.

Events
SIOR New Jersey honors top office, industrial deals of 2017

Many of the state’s top commercial brokers gathered recently for an annual event hosted by the Society of Industrial and Office Realtors, where the organization recognized some of the Garden State’s top deals of 2017.

Industrial
Machemer joins Crow Holdings Industrial, with plans to grow Northeast footprint

Clark Machemer, a prominent New Jersey development executive, has joined Crow Holdings Industrial to lead the firm’s newly established office in the Northeast.

Professional Services
AECOM names new VP, managing principal for N.J. practice

Global consulting and infrastructure firm AECOM has announced the hiring of a new vice president and managing principal in New Jersey.

Industrial
Colliers touts sale of Camden County industrial building

An industrial building in Camden County has changed hands for $2.5 million, following a sale announced last week by Colliers International.

Residential & Mixed Use
Bayonne apartments trade for $1.7 million, Marcus & Millichap says

A private investor has sold a 14-unit apartment property in Bayonne, in a $1.7 million deal arranged by brokers with Marcus & Millichap.

Office
Colliers: Piscataway office building sold for $10 million

A private investor has acquired an 89,000-square-foot office building in Piscataway, under a $10 million deal announced Thursday by Colliers International.

Professional Services
NKF adds 35-year veteran to New Jersey brokerage team

A veteran broker has joined Newmark Knight Frank as an executive managing director in New Jersey.

Retail
Wine shop comes to Advance apartment building in Hoboken

Advance Realty is set to welcome a new wine and spirits store to the base of a luxury apartment building in Hoboken, adding to a busy retail space anchored by Trader Joe’s.