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.

Office
Joint venture touts lease-up of new-look Roseland office complex

Mountain Development Corp. is hailing the lease-up of a 400,000-square-foot office building in Roseland, following a more than $40 million effort to reposition the property.

Residential & Mixed Use
Mixed-use project slated for ex-manufacturing site in Jersey City

A development group has paid $17 million to acquire a former manufacturing site in Jersey City, where it’s now planning a mixed-use residential and retail project.

Office
Bank takes 18,000 sq. ft. at Mount Laurel office building

OceanFirst Bank has leased 18,000 square feet at a Mount Laurel office building, in a deal arranged by real estate services firm Markeim Chalmers Inc.

Retail
Paramount inks lease in Somerville with custard, yogurt chain

A frozen custard chain has opened its doors in downtown Somerville, under an 800-square-foot lease with property owner Paramount Assets.

Residential & Mixed Use
Jersey City details plans for new hotel, residential project in Journal Square

Another site in the Journal Square section of Jersey City is slated for redevelopment, with plans calling for a mixed-use tower with 110 hotel rooms and more than 200 residential units.

Residential & Mixed Use
Developers, NJCU hail ‘game-changing’ project in Jersey City (SLIDESHOW)

The first of five mixed-use projects that will transform the campus of New Jersey City University has opened its doors on the west side of Jersey City.

Retail
Howell retail center trades for $6.4 million, Gebroe-Hammer says

A neighborhood retail center in Howell has changed hands for more than $6.4 million, following a sale arranged by Gebroe-Hammer Associates.

Retail
LMC touts new management assignments in New Jersey, Pennsylvania

Levin Management Corp. has added to its portfolio in recent months with six new shopping center assignments in New Jersey and Pennsylvania, the firm announced.

Residential & Mixed Use
Cherry Hill rental project more than 50 percent leased

Renters have responded to a new apartment community in Cherry Hill, where developers say they have leased more than half of their 152 units in only two months.

Professional Services
Real estate, hospitality veteran joins Vantage RES

Vantage Real Estate Services has added to its business development team with its newest hire.