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
Ridgefield OKs plans for 254,000 sq. ft. industrial building

Local officials have approved plans to develop an industrial building at the site of a former chemical factory in Ridgefield, paving the way for a would-be buyer to tap into the booming warehouse and distribution market near the New Jersey Turnpike.

Residential & Mixed Use
Equity Residential sells 170-unit Cherry Hill complex for $35 million

An out-of-state firm has made its first acquisition in New Jersey with the purchase of a 170-unit apartment complex in Cherry Hill, according to brokers with HFF who arranged the deal.

Industrial
Greek Development names new president for development, construction

An executive at Greek Development has been promoted to president of development and construction, the East Brunswick-based industrial builder said this week.

Professional Services
Gilbane adds senior project executive in N.J. office

A construction industry veteran has joined Gilbane Building Co., bringing more than 25 years of experience to the firm’s growing team in New Jersey.

Industrial
NAI Hanson: Clifton landlord inks 22,000 sq. ft. lease with warehousing, distribution firm

A warehousing and distribution firm will occupy a recently upgraded industrial space in Clifton, following a 22,220-square-foot lease arranged by NAI James E. Hanson.

Professional Services
CBRE names new team lead for N.J. research

CBRE has pulled from within its own ranks to name a new head of research in New Jersey.

Deals
Insurance group signs 7,500 sq. ft. lease at Berger building in Newark

An insurance industry trade group is relocating within downtown Newark after leasing 7,500 square feet from the Berger Organization.

Sponsored Content
Real Estate NJ’s 2018 Market Forecast

What does the year 2018 have in store for New Jersey’s commercial real estate market? We put out a call to the industry and were fortunate to recruit some of the state’s most influential developers, professionals and thought leaders to give us their predictions for the year ahead.

Office
EDA: Fintech firm weighing move to Jersey City from NYC

A financial technology firm could be coming to Jersey City after being offered a 10-year, $5.6 million state tax credit package to move its headquarters from Lower Manhattan.

Industrial
Food distributor, eyeing 236,000 sq. ft. Camden project, offered $52.5 million incentive

A wholesale food distributor has proposed building a new 236,000-square-foot facility in Camden in connection with a nearly $52.5 million tax credit package from the state.