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
Parts distributor takes 3,100 sq. ft. in Bergenfield, NAI Hanson says

An automotive and truck parts distributor will join the tenant roster at a Bergenfield commercial building, following a 3,100-square-foot lease arranged by NAI James E. Hanson.

Residential & Mixed Use
Cervelli brokers investment sales in Jersey City, West New York

An investor has paid nearly $1.2 million for a six-unit apartment building in Jersey City, in one of two recent transactions brokered by Cervelli Real Estate & Property Management.

Trend Watch
Trend Watch Dec. 11: Strong pre-leasing drives construction across the industrial sector

Pre-leasing rates of 89.3 percent on 2017 deliveries prompt developers to put shovels in the ground at record levels. 2 million square feet forecast for delivery in 2018 surpasses anything seen this cycle.

Residential & Mixed Use
VIDEO: Gateway project taking shape in Atlantic City

The $220 million Gateway project is quickly taking shape along the Atlantic City shoreline, as seen in this latest video from developer AC Devco.

Professional Services
A new way to invest: NAI DiLeo-Bram launches online equity raising platform

NAI DiLeo-Bram & Co. has unveiled a new online equity raising platform, seeking to tap into the future of private real estate investing and expand the pool of would-be investors.

Residential & Mixed Use
Panepinto tapped for $2.1 billion project in South Korea

Panepinto Properties is taking its experience in waterfront development all the way to South Korea, where it has been tapped to help oversee a $2.1 billion project outside the nation’s capital.

Retail
Developer breaks ground on final piece of Morris County shopping center

Key Properties has broken ground on a standalone restaurant building in Cedar Knolls, marking the final piece of a redevelopment project that has given way to a new 107,000-square-foot retail center.

Retail
Sabre named retail leasing agent at Bell Works

Somerset Development has tapped Sabre Real Estate Group to oversee retail leasing at the 2 million-square-foot Bell Works complex in Holmdel.

Office
Newark reveals development sites, buildings in Amazon HQ2 proposal (SLIDESHOW)

Newark city officials on Wednesday detailed the development sites and office buildings that were included in their 250-page submission to Amazon, which could announce the short list for its coveted second headquarters project by early next year.

Office
Onyx, Garrison acquire another Mack-Cali building in Paramus

A joint venture has expanded its fast-growing footprint in Bergen County with the addition of a 285,000 square-foot office building in Paramus.