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.

Retail
Goldstein Group touts more than 20K sq. ft. in recent retail leases

AT&T has leased nearly 8,000 square feet at a location on Route 22 in Watchung, one of several recent retail deals arranged by brokers with The Goldstein Group.

Residential & Mixed Use
Getting on track: Successful rental project, flood control measures spur new interest in Bound Brook

A successful rental project is one of two driving forces that now have Bound Brook ready to move ahead with a long-overdue revitalization of its downtown. The borough, whose Main Street has a history of being pummeled by surges from major storms, marked the completion last year of a $143 million flood control project — meaning downtown business and property owners no longer need to spend thousands of dollars on flood insurance.

Office
Vision Real Estate Partners touts office acquisition in downtown Morristown

After building its presence in suburban Morris County, Vision Real Estate Partners has planted a flag in downtown Morristown with the acquisition of a 150,000-square-foot office building.

Retail
Five N.J. retail sites included in $325 million Urban Edge deal

Urban Edge Properties is acquiring seven retail centers totaling 1.5 million square feet as part of a $325 million acquisition, including assets in four heavily traveled New Jersey submarkets.

Residential & Mixed Use
Kislak: New owner plans renovation at Hudson County apartment building

An investor has acquired a West New York apartment building that had been damaged in a fire and is planning a full renovation of the property, according to The Kislak Co. Inc.

Retail
NAI Hanson brokers Morris County retail sale

A retail building along Route 10 in Morris County is under new ownership, following a recent investment sale brokered by NAI James E. Hanson.

Office
New 9,000 sq. ft. lease brings marketing firm to Morris Plains

A marketing and advertising firm has found a home at a newly renovated office building in Morris Plains, brokers with NAI James E. Hanson said Tuesday.

Professional Services
Transwestern, other CRE firms named to ‘Best Places to Work’ list

Transwestern’s New Jersey office announced it has been recognized for the fourth straight year for its work environment and quality of life for employees, one of several real estate-related firms in the state to earn the distinction this year.

Hospitality & Tourism
Ironstate, Panepinto open new Marriott hotel in Jersey City (PHOTOS)

A stretch of downtown Jersey City that has become known for its high-end apartment buildings has added a new high-end hotel, following the completion of an extended stay Marriott property by two area development firms.

Office
Rockefeller seeking tenant for 300K sq. ft. build-to-suit office in Florham Park (VIDEO)

The Rockefeller Group is moving ahead with the next piece of its master-planned redevelopment site in Florham Park — a proposed build-to-suit office building that the firm is now marketing to prospective tenants.