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.

Residential & Mixed Use
Weehawken apartment buildings trade for $6.3 million, Gebroe-Hammer says

A local investor has acquired two apartment buildings with a combined 38 units in Weehawken, following a transaction arranged by Gebroe-Hammer Associates.

Health Care & Education
CBRE touts $9 million sale of former YJCC building

A church organization has acquired a former Bergen County YJCC building in Washington Township, in a $9 million sale announced by CBRE Group Inc.

Retail
Ripco tapped as leasing agent for planned shopping center in Holmdel

The developers of a planned 30-acre shopping center in Monmouth County have hired Ripco Real Estate to oversee leasing for the project.

Professional Services
Turner, PwC execs join local United Way board

An executive with Turner Construction is one of two new board of trustees with The United Way of Northern New Jersey.

Residential & Mixed Use
Hartz, Panepinto project is ‘another step’ in Journal Square’s revival

If there is any doubt about the demand for new luxury apartments away from downtown Jersey City, look to the new 13-story tower that has risen just northwest of the busy Journal Square transportation center. That’s where a crowd gathered on Tuesday morning to celebrate the opening of the building, 3 Journal Square, as the newest addition to the onetime commercial hub of the city.

Residential & Mixed Use
Developers break ground, raise flag at adaptive reuse project in Verona

Construction is underway at a project that would convert a historic flag factory in Verona into the centerpiece of a new 112-unit residential development.

Residential & Mixed Use
Luxury rental community in Garfield sold for $27 million

Two real estate firms have partnered to plant a flag in Bergen County, acquiring a newly built 100-unit multifamily apartment community in Garfield for $27 million.

Retail
Furniture chain inks 15,000 sq. ft. lease on Route 10, Jeffery Realty says

A furniture chain has added another location in New Jersey with a newly signed 15,000-square-foot lease in East Hanover, according to brokers involved in the deal.

Office
Newmark: Warren office condo trades for $940,000

Newmark Associates has brokered the nearly $1 million sale of a 7,400-square-foot office condominium in Somerset County, the firm said.

Professional Services
RSC touts design of Hudson County vo-tech school (SLIDESHOW)

An architecture firm has unveiled its designs for a new $143 million, technologically advanced high school in Hudson County.