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
Pagano Co. brokers lease with law firm in Glen Rock

A law firm is set to occupy 1,750 square feet at a Glen Rock office building, following a lease arranged by brokers with Pagano Co.

Government & Public Policy
EDA: Three NYC manufacturers eye a combined 193,000 sq. ft. in N.J.

Three manufacturers could be moving to New Jersey from New York City’s outer boroughs, following the approval of incentives for the firms by the state Economic Development Authority.

Hospitality & Tourism
Investors offer $225 million for failed Revel casino, report says

A private investment firm reportedly has offered $225 million to buy the shuttered Revel casino in Atlantic City, although the property’s current owner says no such offer has been made.

Residential & Mixed Use
HMFA, Walters Group unveil new 102-unit Toms River development

A developer and state officials have marked the opening of a new 102-unit, affordable housing community in Toms River that will be reserved for senior citizens.

Retail
LMC named leasing agent for shopping centers in Hudson, Hunterdon counties

Brokers with Levin Management Corp. have taken over leasing and management at shopping centers in Secaucus and Flemington, the retail real estate services firm said.

Industrial
Team Resources: Brooklyn firm expanding into Union County

A company that is expanding from Brooklyn will occupy 27,000 square feet at a Hillside industrial building, following a lease brokered by Team Resources Inc.

Retail
Sandwich chain opens at Jersey City rental tower

Jimmy John’s has opened a new store at the base of a luxury apartment tower in Jersey City, marking the national sandwich chain’s first location in the Hudson County seat.

Residential & Mixed Use
New Brunswick arts redevelopment completes $171 million financing package

The team behind the highly anticipated, mixed-use New Brunswick Performing Arts Center project has closed on the financing for the sweeping $171 million development.

Government & Public Policy
Affordable housing in focus at PlanSmart NJ forum

With less than two months until Election Day, surrogates for New Jersey’s two leading candidates for governor on Thursday spoke directly to real estate and land use experts. As it often is, affordable housing was the dominant topic.

Retail
New locations mean new space needs for physical therapy business

John Gallucci Jr., pictured at JAG Physical Therapy’s Cedar Knolls location, has overseen the growth of the practice from a single location in West Orange in 2005 to a footprint that includes more than 15 in the region and 13…