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.

Bijou set to debut new ‘passive house’ condo project in Hoboken

A developer has unveiled new details about a 10-unit condominium project in Hoboken that is built to achieve “rigorous” energy efficiency, with plans to launch sales this summer.

Fox Rothschild adds to real estate team in Princeton office

Fox Rothschild LLP has announced a new hire in its New Jersey real estate practice.

Hard Rock Atlantic City announces opening date, entertainment lineup

The highly anticipated Hard Rock Hotel & Casino Atlantic City will open its doors June 28, the operator announced Wednesday, as it unveiled a lineup of musical acts and entertainers that it hopes will draw new visitors to the resort town.

Apartments in West New York, Bayonne trade for $3.55 million

Two apartment buildings in Hudson County have changed hands for a combined $3.55 million, following investment sales brokered by Marcus & Millichap.

Meridian: Buyer wanted for prime 486-unit development site in Jersey City

Brokers with Meridian Capital Group are marketing what they say is a rare opportunity — a development site in Jersey City with approvals for nearly 500 apartments.

A growth industry in the making

Insiders say that now is the time to discern which municipalities will be receptive to the prospect of legalized recreational cannabis, if and when it becomes a legal industry in New Jersey. That prospect is likely many months from being a reality, if not more, but the concept has the support of Gov. Phil Murphy and several well-known lawmakers.

Mack-Cali sells 236,000 sq. ft. Hamilton portfolio to Denholtz

Mack-Cali Realty Corp. has sold a six-building office portfolio in Hamilton to Denholtz Associates, in a deal arranged by brokers with Newmark Knight Frank.

Engineering firm inks 57,000 sq. ft. lease in Woodcliff Lake

An engineering firm is expanding into New Jersey with a newly announced, 57,000-square-foot lease at a Woodcliff Lake office building.

Developer breaks ground on second piece of Edison industrial complex

Construction is underway for a new 100,250-square-foot industrial building in Edison, the latest piece of a 14-acre complex being developed by Wick Cos. LLC.

Camden rental building among $445 million portfolio sale by Dranoff

Dranoff Properties is selling a well-known luxury apartment building in Camden as part of a six-building, $445 million portfolio sale announced Tuesday.