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
NAI Hanson: Landscaping business moving to Hackensack flex building

A landscaping business is relocating to Hackensack after its owner acquired a 2,800-square-foot flex industrial building in the city.

Retail
Franchise restaurant expert joins Ripco New Jersey team

Ripco Real Estate has expanded its team of retail brokers in New Jersey with another new hire.

Government & Public Policy
HMFA announces new round of tax credits to fund 1,400 affordable units

A state agency is set to fund the construction of some 1,400 low- and moderate-income apartments in the state, thanks to a new allocation of a popular federal subsidy program.

Office
Denholtz: Upgrades complete at Bernardsville office building

Denholtz Associates has concluded its year-long, $500,000 renovation of a 54,600-square-foot office building in Bernardsville.

Retail
Ex-restaurant site in Monmouth slated for redevelopment, Jeffery Realty says

A developer has closed on the site of a long-vacant restaurant in Middletown, where it has proposed building more than 21,000 square feet of new retail space in its place.

Industrial
BRC brokers $3.9 million warehouse sale in Linden

A logistics firm has acquired a 67,000-square-foot industrial building in Linden, in a $3.9 million transaction arranged by Bussel Realty Corp.

Industrial
Construction begins at ‘midpoint’ industrial complex in Central Jersey

A developer has plans for more than 750,000 square feet of new industrial space in Somerset County, touting a site that splits the difference between two major consumer destinations.

Office
KPMG, local officials debut new 86,000 sq. ft. tech hub in Montvale (SLIDESHOW)

KPMG has opened the doors to its new 86,000-square-foot technology center in Montvale, where it is now poised for additional growth as part of a long-term improvement of its footprint.

Industrial
Newark industrial project lands $16.2 million construction loan

HFF has secured $16.2 million in financing for the development of a 290,063-square-foot, speculative industrial building near Newark’s port district.

Industrial
NAI Hanson: Commercial tire maker opens in New Providence industrial space

A newly launched commercial tire business will occupy more than 36,000 square feet of industrial space in New Providence, following a recent deal by NAI James E. Hanson.