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.

Residential & Mixed Use
Hovnanian launches sales at new Hudson waterfront condo building

K. Hovnanian has launched sales at a new 278-unit luxury condominium building along the Hudson River, with homes ranging from $600,000 to $6 million.

Top News
Developer drawing new renters to East Orange as it transforms city block by block

For Blackstone 360, a 105-unit project was just the beginning of what has become a major investment in East Orange. The development and design-build firm has since rehabilitated two other buildings in the city — comprising an additional 252 apartments — and now has a fourth project under construction that will deliver another 150 units to the neighborhood.

Residential & Mixed Use
Woodmont touts leasing milestone at Metuchen rental project (SLIDESHOW)

Woodmont Properties is marking a leasing milestone at its new project in Metuchen, a 273-unit rental community just steps from the borough’s train station and downtown.

Retail
Chipotle commits to Hillsborough retail center, Jeffery Realty says

Chipotle has leased more than 2,200 square feet at a shopping center in Hillsborough, in a deal arranged by Jeffery Realty.

Office
Berger touts full occupancy at three Newark office buildings

Upgrades to Newark’s Military Park and a growing demand for downtown office space have helped push three city office buildings to full occupancy, according to the owner of the properties.

Residential & Mixed Use
Solomon buys out-of-state rental property

The Solomon Organization has added to its apartment portfolio outside New Jersey, acquiring a 156-unit rental property in North Carolina.

Retail
LMC: Chiropractor leases 1,600 sq. ft. in West Orange

A chiropractor has joined the tenant roster at a West Orange shopping center, following a 1,600-square-foot lease arranged by Levin Management Corp.

Trend Watch
Trend Watch Oct. 2nd: Big-box leasing activity accelerates in New Jersey

Over the last three months, New Jersey’s industrial market recorded nearly 10.0 million square feet of leasing activity, with big-box markets like Southern New Jersey and Exit 8A seeing a flurry of activity.

Residential & Mixed Use
Capodagli, local officials break ground on new Roselle Park rental community

A developer is set to transform a tired stretch of Route 28 in Roselle Park, with plans to build more than 200 new apartments and street-level retail space over the next two years.

Retail
Long-awaited land sale clears the way for supermarket, apartments

A developer has acquired a long-contested parcel in New Milford, following years of approvals and litigation that will now give way to a new supermarket and apartments in the borough.