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.

Brach Eichler, Billtrust among leasing highlights for VREP

Brach Eichler LLC has renewed its 44,000-square-foot lease at a soon-to-be-upgraded office campus Roseland, in one of several recent deals announced Thursday by Vision Real Estate Partners.

Amazon announces newest South Jersey fulfillment center

Amazon has taken the wraps off its newest fulfillment center in New Jersey, a 650,000-square-foot facility in Gloucester County that will house more than 1,000 employees.

Redwood brokers Middlesex Co. apartment sales

An investment firm has paid $4 million for two Middlesex County apartment properties, in a set of transactions arranged by Redwood Realty Advisors.

CBRE: Paterson apartment building sells for $1 million

CBRE has arranged the $1 million sale of a 19-unit apartment building in Paterson.

Investor pays $5.9 million for Livingston retail center, Marcus & Millichap says

A developer has sold a fully leased, 7,846-square-foot retail center in Livingston for nearly $6 million, according to brokers with Marcus & Millichap.

Weiss: New upscale rental project is latest step forward for Somerville

The Cobalt, a new 117-unit high-end apartment building at the site, has revitalized a long-vacant, formerly contaminated site just a block from Main Street in Somerville. In the process, Weiss Properties is offering a new living option for a town that is primed to tap into the market for walkable, transit-centric destinations.

RSC unveils redesign of Ridgewood restaurant (SLIDESHOW)

A popular restaurant in Ridgewood has reopened after a redesign and renovation overseen by a Hackensack-based architecture firm.

Shifts in workplace, demographics in focus at Roche site redevelopment forum

Local residents were among those who turned out this week for a forum tied to Prism Capital Partners’ plans for the former Hoffmann-LaRoche campus in Nutley and Clifton, as the developer sought to highlight the shifts in demographics, corporate strategy and lifestyle choices that are now driving New Jersey’s economy.

Kislak: East Orange properties fetch $13 million

A private investor has paid nearly $13 million to acquire two multifamily properties in East Orange, including an 88-unit brick building and a 44-unit garden complex.

Cranford townhomes sell for $3.4 million, Gebroe-Hammer says

A complex of 10 townhomes has changed hands in Cranford, in a $3.4 million transaction arranged by brokers with Gebroe-Hammer Associates.