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
Wig, hair products distributor moving to Carlstadt from South Carolina

A distributor of high-end wigs and other hair pieces will relocate to the Meadowlands from South Carolina after leasing 11,300 square feet in Carlstadt, the building owner said Monday.

Retail
Goldstein Group brokers four leases at Bergen County retail center

Four new tenants have joined the roster at a 32,000-square-foot shopping center in Bergen County, following a series of leases brokered by The Goldstein Group.

Government & Public Policy
Eye on Trenton: Developers wary of proposed changes to tax abatement law

In a state that is increasingly dependent on redevelopment in densely populated, infrastructure-rich towns and cities, lawmakers are mulling changes to a tax abatement statute that is often seen as critical to bringing those projects to life.

Retail
Triple Five completes $1.1 billion bond sale needed to reboot American Dream

The developer of the American Dream project in the Meadowlands has assembled the nearly $3 billion financing package needed to complete the massive retail and entertainment complex, allowing it to resume construction and look ahead to a March 2019 opening.

Sponsored Content
Mixed-use light: Target the mix of uses to your market

When exploring options for mixed-use development, it is important to understand the micro market in which you are planning to build. Whether urban or suburban, a close look at existing conditions and other development projects on the boards will identify small niche opportunities for right-sized retail, cultural and restaurant uses.

Retail
Developer aims to create new Jersey Shore destination at Fort Monmouth

A developer’s plan to create a new mixed-use gateway at the landmark Fort Monmouth property is taking shape, with the potential to break ground as soon as early next year.

Office
Co-working expands at 2 Gateway with new tech-focused space

The owner of 2 Gateway Center in Newark has partnered with one of its tenants to open a new co-working space dedicated to digital creative and other tech-minded startups.

Retail
Hobby Lobby taking over former Sports Authority space on Route 22

Arts and crafts chain Hobby Lobby has backfilled a former Sports Authority store in Union County with a nearly 43,000-square-foot lease on Route 22, according to Jeffery Realty.

Industrial
Landmark deli set to open Meadowlands fulfillment hub for e-commerce

A famous New York City delicatessen has leased nearly 30,000 square feet of industrial space in Carlstadt, which it will use in part to support its new online delivery business.

Residential & Mixed Use
Developer opens new affordable, age-restricted community in Monmouth County

Community Investment Strategies Inc. has taken the wraps off its latest project, a 93-unit, affordably priced rental building geared toward senior citizens in Monmouth County.