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.

Longtime corporate office broker joins Colliers’ Princeton office

Colliers International Group has bolstered its office leasing team in New Jersey, hiring a veteran broker with a history of representing high-profile corporate tenants.

Retail, medical space trades in Metuchen, Goldstein Group says

The Goldstein Group has brokered the sale of about 14,000 square feet of retail and medical office space in Metuchen, the retail brokerage firm said Thursday.

Paterson student housing building trades for $6.1 million, Marcus & Millichap says

A private investment group has acquired a new 42-unit student housing building near St. Joseph’s Regional Medical Center in Paterson, in a $6.1 million deal arranged by Marcus & Millichap.

NAI Hanson: Clothing maker buys Newark warehouse, will relocate from Brooklyn

A luxury apparel company is relocating to Newark after acquiring a nearly 14,000-square-foot industrial building in the city, following a deal brokered by NAI James E. Hanson.

Besides New York City tourism, what are some of the biggest drivers of new development and investment in New Jersey’s hotel industry?

Besides New York City tourism, what are some of the biggest drivers of new development and investment in New Jersey’s hotel industry? We assembled a panel of industry experts to tackle this month’s question.

Berger’s rehab project looks to tap into Newark’s growing hotel market

As Miles Berger knows all too well, transit access and proximity to Manhattan have been longtime drivers of Newark’s office market. He also knows that those benefits play a major role in the city’s lesser-known tourism sector. It’s why Berger is taking a major step to upgrade his hospitality portfolio in downtown Newark: a gut renovation of a 90-year-old hotel that will result in a new state-of-the-art property near the city’s Military Park.

Hudson County medical office building lands three new tenants, Weiss says

Three new tenants are joining a Union City medical office building, following a series of transactions brokered by Weiss Realty.

Marketing, design manager joins Pierson Commercial

Pierson Commercial, a Marlboro-based commercial retail real estate firm, has hired a new marketing and graphic design manager.

Newest Weehawken condo building tops out, on track to open early 2018

A new luxury condominium building on the Weehawken waterfront is on track to open by the first quarter of 2018, the project’s developer said recently.

Investors touts more than $800 million in CRE lending during Q1

A refinancing loan of $26.6 million for this 138,600-square-foot, 148-unit multifamily property in Sayreville is one of several commercial mortgages originated by Investors Bank during the first quarter. — Courtesy: Investors Bank By Joshua Burd Commercial mortgage lenders with Investors…