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.

Professional Services
AIA-NJ installs new president, officers for 2018

The American Institute of Architects’ New Jersey chapter has installed a new slate of officers, led by a Point Pleasant-based architect who is a longtime member of the group.

Residential & Mixed Use
LeFrak debuts high-end amenities at Jersey City rental tower (SLIDESHOW)

LeFrak has unveiled the long list of amenities at the Ellipse, its new high-end, 41-story apartment tower in the Newport section of Jersey City.

Sponsored Content
2018 REAL ESTATE MARKET FORECAST

With the state’s unemployment rate below 5.0 percent, employee recruitment and retention will remain top priorities for office occupiers in the coming year. Rather than remaining in outdated, inefficient workspaces, a growing chorus of companies will pursue relocations to upgraded, amenity-filled office buildings to aid in these efforts.

Office
Amazon can be ‘powerful partner’ in Newark’s future, Baraka says

Newark is among 20 finalists for Amazon’s coveted second headquarters project, the e-commerce giant announced Thursday.

Hospitality & Tourism
Sanzari nearing completion of dual-branded hotel in Teaneck

A new dual-branded hotel for leisure and business travelers is only months away from opening at Glenpointe, Alfred Sanzari Enterprises’ mixed-use business complex in Teaneck.

Residential & Mixed Use
Morris, Jingoli honored for work in building communities

Longtime real estate executives and business partners Jack Morris and Joe Jingoli were honored recently for their work to rebuild communities in New Jersey, earning the distinction from a well-known congregation in central New Jersey.

Retail
Walgreens property in Hamilton fetches $5.5 million

A private investor has paid more than $5.5 million for a 14,280-square-foot Walgreens property in Hamilton, in a sale brokered by Marcus & Millichap.

Government & Public Policy
Affordable housing, infrastructure and more: The top policy priorities for N.J. commercial real estate

As New Jersey begins a new legislative session and a new administration under Gov. Phil Murphy, Real Estate NJ asked the heads of the industry’s top advocacy groups and associations for their top policy priorities.

Personalities
Q&A: Biggins discusses the success of incentives — and their role going forward

Jay Biggins, the executive managing director of Biggins Lacy Shapiro & Co., is a longtime expert in the field of incentives and has seen the evolution of the New Jersey’s programs firsthand.

Government & Public Policy
Policy priorities: New Jersey Builders Association

Real Estate NJ set out to identify the biggest public policy issues for commercial real estate, as New Jersey begins a new legislative session and a new administration under Gov. Phil Murphy. Here are the issues identified by Carol Ann Short, CEO of the New Jersey Builders Association.