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.

Rutgers College Avenue project wins top architecture award

A project that has helped redevelop the heart of Rutgers University’s main campus in New Brunswick has earned a prestigious recognition in the design field.

Mack-Cali announces new roles for DeMarco, Rudin

Mack-Cali Realty Corp. announced Wednesday that Michael J. DeMarco, who has served as president and chief operating officer since mid-2015, will assume the title of CEO. Mitchell Rudin, who had been CEO, will become vice chairman effective immediately.

CRE leaders share advice, tips and insights at Rutgers career seminar (PHOTOS)

More than 100 commercial real estate industry hopefuls gathered in Newark recently for the Rutgers Center for Real Estate’s annual career seminar.

AeroFarms, other sustainable projects honored by USGBC NJ (see the full list)

At its annual gala, the New Jersey chapter of the U.S. Green Building Council honored the AeroFarms project in Newark and presented five awards and three honorable mentions to sustainably built projects in New Jersey.

HFF marketing more than 1,000 units at 52-acre Plainsboro community

A sprawling garden apartment community outside Princeton is on the market to investors seeking a property in a high-barrier-to entry suburb, according to brokers with HFF.

Bell Works hires creative director to oversee building makeover

Somerset Development has hired a creative director to help it implement the transformation of the 2 million-square-foot former Bell Labs building into the mixed-use hub known as Bell Works.

Construction underway on latest Woodmont rental project

Woodmont Properties has started construction on another transit-centric residential development in Middlesex County, this time in South Amboy at a site along the Raritan Bay.

‘Mini-city’ education center commits to American Dream project

An education-themed entertainment center is slated to occupy 80,000 square feet within the planned American Dream complex in East Rutherford, the operator said Monday.

HFF brokers sale of Parsippany office building

Lincoln Property Co. has acquired a 114,000-square-foot office property in Parsippany, in a deal brokered by HFF’s New Jersey office.

Gebroe-Hammer: 106-unit rental property fetches $10.5M

An investor has acquired three apartment properties in Elizabeth as part of a $10.5 million portfolio sale arranged by Gebroe-Hammer Associates, the brokerage firm said Monday.