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.

Finance & Capital Markets

Owner of New Jersey, Virginia warehouse portfolio secures $11.3 million loan

HFF has arranged $11.3 million in financing for the owner of a three-building warehouse portfolio in New Jersey and northern Virginia, the brokerage firm said Thursday.

Industrial

NAI Mertz inks 135,000 sq. ft. warehouse lease in Moorestown

A newly renovated warehouse building in Moorestown has landed a 135,000-square-foot tenant, under a long-term lease arranged by brokers with NAI Mertz.

Government & Public Policy

NJBA honors standouts in housing, building industry at annual luncheon

The New Jersey Builders Association recognized more than two dozen developers and professionals earlier this week as part of its annual Industry Awards.

Industrial

Sudler razing Piscataway office building, set to build new industrial space

After tearing down a large, aging office building to make way for two new distribution centers in Cranbury, the Sudler Cos. is looking to replicate that formula elsewhere in its portfolio.

Retail

Hollister delivers new-look Aston Martin facility in Summit

Hollister Construction Services has completed renovations at an Aston Martin dealership in Summit, as part of a plan to modernize the building’s showroom and other spaces within the facility.

Murphy announces pick to lead EDA

Gov. Phil Murphy has named a former banker and current public official in Connecticut as the next CEO of the powerful New Jersey Economic Development Authority.

Residential & Mixed Use

Downtown Trenton could support hundreds of new residential units, study finds

Downtown Trenton is poised to support the development more than 700 new residential units over the next five years, anchored by a contingent of younger singles and couples.

Professional Services

SIOR honors Peter Hanson for 55 years of service

A global corporate real estate organization has honored NAI James E. Hanson Chairman Peter Hanson, recognizing him for his more than five decades in commercial brokerage.

Finance & Capital Markets

Cross River hires veteran banker to grow CRE lending division

A veteran loan officer has joined Cross River, a Fort Lee-based bank with a growing multifamily and commercial real estate division.

Industrial

Distributor inks two leases in Hillside, BRC says

An industrial user has leased a combined 43,500 square feet at two buildings in Hillside, under a set of transactions announced this week by Bussel Realty Corp.