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
Downtown Montclair buildings are latest acquisitions for Saxum

Saxum Real Estate has expanded its holdings in downtown Montclair with the acquisition of two neighboring properties, including a 25,000-square-foot former bank building.

Office
NAI Hanson inks sale of 20,000 sq. ft. office building

A two-story office building in Mountainside has changed hands, following a sale arranged by brokers with NAI James E. Hanson.

Retail
Remco: 1031 investor buys Hunterdon bank building

An investor has acquired a net leased bank building in Hunterdon County, under a nearly $1.8 million transaction arranged by Remco Realty Group.

Residential & Mixed Use
The truth about tax reform: A deeper look at the impact on commercial real estate

By Joshua Burd For all the buzz and political rhetoric surrounding federal tax reform, Jeff Otteau points to a consequence of one key change that has largely flown under the radar. For decades, homeowners have been better equipped to reduce…

Cover Story
Commercial landlords hope for continued growth

Experts believe the reforms will spur additional growth during an expansion that will soon be the second-longest in U.S. history, thanks in part to a sweeping cut to the corporate tax rate from 35 to 21 percent. That bodes well for New Jersey’s office and industrial landlords.

Cover Story
A rebound for investment activity

When it came to commercial real estate, many investors had likely felt that property values had peaked in 2016, that the bull run was ending and the economy was due for a pullback. Those are among the reasons that Jeff Otteau feels overall investment sales in New Jersey fell last year to $6.5 billion, from $8.3 billion in 2016, while activity also slowed in New York City. Yet that trend could be in store for a reversal as a result of the newly amended tax code, which has preserved and added to the benefits given to real estate investors.

Roundtable
What new trends or market forces will influence commercial real estate lending strategies in the years to come?

What new trends or market forces will influence commercial real estate lending strategies in the years to come? We assembled a panel of industry experts to tackle our recent roundtable question.

Professional Services
Broker joins Vantage RES as sales associate

Vantage Real Estate Services has once again added to its fast-growing brokerage team.

Office
Segal LaBate brokers sale of 33,000 sq. ft. Lawrenceville building

A local property owner has acquired a 33,000-square-foot office building in Lawrenceville, brokerage firm Segal LaBate Commercial Real Estate announced Tuesday.

Finance & Capital Markets
NKF inks sale of 788,000 sq. ft. industrial portfolio in Connecticut

Capital markets brokers based in Newmark Knight Frank’s Rutherford office have inked the sale of a six-building, 788,000-square-foot industrial portfolio in Connecticut.