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
Developer launches sales at 429-unit condo project in Jersey City

A developer has launched sales at its first project in New Jersey, a two-building luxury condominium project along the Hudson River waterfront in Jersey City.

Health Care & Education
RSC touts design of new $26 million college STEM building in Jersey City

Hudson County Community College has opened a new $26 million science, technology, engineering and math building, marking the completion of a project designed by RSC Architects.

Retail
LMC: Lease brings new McDonald’s to Middlesex

A newly built, 3,500-square-foot McDonald’s has opened its doors in the borough of Middlesex, following a lease arranged by brokers with Levin Management Corp.

Office
Colliers: Fast-growing solar company expands in Metuchen

A solar company has expanded its footprint in Metuchen by committing to an additional 18,000 square feet, in a deal arranged by brokers with Colliers International.

Government & Public Policy
Demolition expected to spur redevelopment of 36-acre Fort Monmouth site

State officials have paved the way for the demolition of a 750,000-square-foot former research complex at Fort Monmouth, allowing them to market a larger 36-acre site on the property to prospective developers.

Retail
HFF brokers $21 million sale of Toms River shopping center

Investors have acquired a 120,349-square-foot community shopping center in Toms River, in a $21.1 million deal arranged by brokers with HFF.

Finance & Capital Markets
Case launches small loan program for projects nearing stabilization

Case Real Estate Capital LLC, a commercial real estate investment and financing firm, has launched a new program to provide lower-interest loans for properties that are close to stabilization.

Residential & Mixed Use
Developer, arts organization ink lease at new Montclair rental project

An arts organization will occupy the ground floor of a new apartment building in downtown Montclair, as its developer nears the completion of leasing at the 40-unit property.

Office
NAI Mertz: Cybersecurity firm leases 4,600 sq. ft. in Mount Laurel

A cybersecurity firm is set to open its first New Jersey office in Mount Laurel, following a 4,566-square-foot lease brokered by NAI Mertz.

Retail
Ocean County bank building sells for $1.57 million, Marcus & Millichap says

A private investor has sold a 3,000-square-foot bank building in Ocean County, according to brokers with Marcus & Millichap who orchestrated the deal.