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
Planting the seed: Developer pitching concept plan for redeveloping 653-acre former research complex

There was a time when the sprawling former American Cyanamid complex in West Windsor bustled with more than 1,000 employees and agricultural researchers. A developer hopes to see the property bustling once again — but in a much different way.

Retail
Bergen County bank building fetches $6.5 million, Goldstein Group says

Investors have acquired a 13,000-square-foot bank building in Englewood Cliffs, The Goldstein Group announced Monday after brokering the $6.5 million deal.

Industrial
Lee & Associates brokers office, industrial deals exceeding $15 million

A two-building industrial complex in Mountainside has changed hands, one of three recent northern New Jersey deals arranged by brokers with Lee & Associates.

Professional Services
Two Colliers N.J. brokers earn prestigious national award

Colliers International Group Inc. has recognized two members of its Parsippany office for ranking among the top 10 percent of its brokers nationwide, the firm said Monday.

The Rundown
Bebe to close all stores, including 9 in N.J.

Women’s clothing chain Bebe will close all of its stores, including nine in New Jersey, making it the latest national retailer that’s slated to leave behind vacant spaces around the state and across the country.

Office
HFF marketing Florham Park office campus for sale

The owners of a four-building, 354,381-square-foot office campus in Florham Park are seeking a buyer for the property after completing a series of upgrades over the past two years.

Residential & Mixed Use
Leasing begins at LeFrak’s new rental tower in Newport (PHOTOS)

LeFrak has kicked off leasing for what it calls its “most ambitious project” in Jersey City since the firm began to lead the redevelopment of the city’s Newport section decades ago.

Finance & Capital Markets
Construction loan will fund new Gold Coast rental project, Meridian says

Meridian Capital Group has arranged $7.7 million in construction financing for the development of a new luxury apartment building in Guttenberg, the firm announced.

Finance & Capital Markets
Underwriter joins Eastern Union health care group

Eastern Union Funding has expanded its health care team with the hiring of a new vice president.

Health Care & Education
Atlantic City Gateway project is both a turning point and a homecoming, officials say (PHOTOS and VIDEO)

Atlantic City took a ceremonial but monumental step forward on Thursday in the long-running effort to grow the resort town beyond gaming, as officials broke ground on a new mixed-use development that will be home to both Stockton University and South Jersey Industries.