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
Applied Cos. unveils latest Hudson County apartment building

One of Hudson County’s most well-known developers has taken the wraps off a new five-story, 48-unit apartment building in North Bergen.

Office
HFF: Essex County office park sold to area investor

A real estate investment firm has acquired a 400,000-square-foot, four-building office complex just off Interstate 280 in West Orange, according to brokers with HFF.

Office
Largest tenant to date moves into Bell Works

A software solutions firm has cut the ribbon on its new 72,000-square-foot space at the Bell Works complex in Holmdel, marking the arrival of the largest tenant to occupy the building thus far after a flurry of office leasing over the past year.

Residential & Mixed Use
Developer acquires ready-made apartment site in Westfield, Redwood Realty says

A multifamily builder has paid $3.5 million to acquire a fully approved development site in downtown Westfield, in a transaction arranged by Redwood Realty Advisors.

Office
Farmer’s market is latest amenity along Jersey City waterfront, Mack-Cali says

Developers have opened a weekly farmer’s market in Jersey City as part of a joint effort to bring new offerings residents and workers along the Hudson waterfront.

Industrial
Sheldon Gross brokers 7,700 sq. ft. office, industrial lease in Essex County

A maker of camera support products is consolidating two locations into a 7,700-square-foot space inside a Verona commercial building, Sheldon Gross Realty said Wednesday.

Current Issue
Seeing the upside in Atlantic City

I’ve always loved the type of story that gets my blood pumping. It catches your eye, makes you drop what you’re doing and gets you excited to think about breaking the news to your readers. Those stories are not so…

Sponsored Content
JLL: Retail sectors blossom in northern New Jersey

New Jersey has a strong retail environment due its population density, which is higher than the national average. Retailers are also attracted to the Garden State’s proximity to New York, which is one of the world’s retail capitals. A large percentage of New Jersey’s population is in Northern New Jersey and retailers targeting consumers have plenty of space options along Interstate 95, The Garden State Parkway and U.S. Route 1/9.

Retail
C&W: Repositioned retail center trades for $21.25 million

A joint venture has sold a Livingston retail center for more than $21 million after nearly doubling its occupancy over the course of five years.

The Rundown
State approves plan for Atlantic City beer garden, report says

The owner of a site near the Atlantic City Boardwalk is one step closer to building a beer garden at the location this summer, following approval by a state authority on Tuesday.