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.

Government & Public Policy
EDA votes to approve new CEO

The state Economic Development Authority has approved the installation of its next CEO, who come with a mandate of fostering growth for small and innovative businesses in New Jersey.

Retail
Fast casual Japanese chain expands into N.J.

A fast casual Japanese chain has opened its first restaurant outside New York City, a 1,700-square-foot location at the base of a Jersey City office tower.

Retail
Marcus & Millichap inks 7,360 sq. ft. retail sale

A retail property in Union has changed hands among private investors, following a nearly $1.1 million deal brokered by Marcus & Millichap.

Professional Services
Gebroe-Hammer broker earns firm’s top honor

A banner year in 2017 has earned a broker the top honor at Gebroe-Hammer Associates.

Residential & Mixed Use
NYC tech growth is added fuel for Gold Coast rental market

If recent moves by Google and Amazon are any indication of what’s to come in Manhattan, the residential market on New Jersey’s Gold Coast could be among the biggest winners.

Residential & Mixed Use
Amenities unveiled at Jersey City luxury complex (SLIDESHOW)

A developer has debuted a set of new amenities at Soho Lofts, a recently opened, 377-unit luxury apartment project near the border of Jersey City and Hoboken.

Residential & Mixed Use
Advance, DeBartolo building in Harrison hits leasing milestone

One of Harrison’s newest luxury rental buildings is quickly approaching full occupancy, having leased 75 percent of its apartments less than a year after opening.

Industrial
New 290,000 sq. ft. industrial project underway in Newark

Construction is underway on a new 290,000-square-foot distribution center project just outside Port Newark-Elizabeth, according to brokers with CBRE who are marketing the property.

Office
NKF adds veteran office broker in New Jersey

A longtime office broker has joined Newmark Knight Frank as a senior managing director based in the firm’s Rutherford office.

Residential & Mixed Use
NJAA names new executive VP

A senior leader at the New Jersey Apartment Association has earned a promotion, having been named executive vice president of the influential trade organization.