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.

WCRE brokers sale of 17,500 sq. ft. Cherry Hill office building

An investor has acquired a 17,500-square-foot commercial building in Cherry Hill, with plans to renovate and welcome new tenants to the property later this year.

For Mack-Cali, Morris Plains project will be a showcase for office-to-residential conversion

The former site of an outdated, long-vacant office building in Morris Plains has been reborn as luxury apartments and is now on a path to “a much longer and better livelihood.” At least, that’s how Andrew Marshall described it on Thursday as he welcomed local officials and the development team to the property at 250 Johnson Road.

Rochelle Park office building sold for second time in eight months

A nearly 220,000-square-foot office building in Rochelle Park, has changed hands for the second time in less than a year, following a sale announced Thursday by Colliers International.

Developer finding success with high-end condo project in Weehawken, its first in New Jersey

With move-ins slated to begin this month, Landsea Homes is off to an auspicious start at Avora, its new upscale condominium project in the Port Imperial section of Weehawken. The developer has sold 40 percent of the project’s 183 homes — with a formula that includes resort-style amenities, sustainable construction and what Gabe Pasquale proudly describes as a “bullseye view” of Midtown Manhattan.

Turner names two new VPs in New Jersey

By Joshua Burd Turner Construction Co. has promoted two longtime team members in New Jersey to vice president. The construction services firm announced recently that it has elevated Steve Annese to vice president and construction executive. Meantime, it promoted Dexter…

Bijou set to debut new ‘passive house’ condo project in Hoboken

A developer has unveiled new details about a 10-unit condominium project in Hoboken that is built to achieve “rigorous” energy efficiency, with plans to launch sales this summer.

Fox Rothschild adds to real estate team in Princeton office

Fox Rothschild LLP has announced a new hire in its New Jersey real estate practice.

Hard Rock Atlantic City announces opening date, entertainment lineup

The highly anticipated Hard Rock Hotel & Casino Atlantic City will open its doors June 28, the operator announced Wednesday, as it unveiled a lineup of musical acts and entertainers that it hopes will draw new visitors to the resort town.

Apartments in West New York, Bayonne trade for $3.55 million

Two apartment buildings in Hudson County have changed hands for a combined $3.55 million, following investment sales brokered by Marcus & Millichap.

Meridian: Buyer wanted for prime 486-unit development site in Jersey City

Brokers with Meridian Capital Group are marketing what they say is a rare opportunity — a development site in Jersey City with approvals for nearly 500 apartments.