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
Greenbaum Rowe names co-chair of redevelopment, land use group

Greenbaum, Rowe, Smith & Davis LLP has added a veteran commercial real estate attorney to help lead its redevelopment and land use practice.

Retail
Marcus & Millichap brokers sales in Bergen, Middlesex

A pair of retail properties in Bergen and Middlesex counties have new owners following separate investment sales arranged by Marcus & Millichap.

Residential & Mixed Use
Three months in, new Hoboken building hits leasing milestone

Advance Realty, the developer of Harlow in Hoboken, announced Friday that the 140-unit property is more than 50 percent leased barely three months after opening.

Office
Garden State of mind: Postell, McDonough reflect on five years since the opening of Transwestern’s N.J. office

Transwestern, which is now marking five years since it officially opened in New Jersey, has since become a player in the state’s office, industrial and retail sectors. It has seen its annual transaction volume double since 2012 — while its property management portfolio has grown during that time to 4 million square feet from 485,000 square feet — with a platform that offers more than just brokerage services.

Finance & Capital Markets
Investors: N.J. office, retail sites among $100M in recent loans

With an uptick in demand that started last fall, lenders with Investors Bank have financed more than $100 million in commercial real estate transactions in recent weeks.

Retail
Transwestern brokers dance academy lease in Teaneck

A dance academy has joined the roster at a Teaneck commercial building, following a nearly 3,100-square-foot lease brokered by Transwestern.

Office
Blau & Berg touts new deals in Short Hills

Seven tenants have inked new leases at a Short Hills office building, accounting for more than 20,000 square feet of recent activity.

Retail
NAI Hanson brokers lease for dance studio in Montvale

A yoga studio has leased 5,000 square feet in downtown Montvale, NAI James E. Hanson said.

Professional Services
A new era for commercial real estate: In the built environment, health and wellness is now more important than ever

Designed by NK Architects, the New York Blood Center demonstrates how bringing natural daylight into an interior can enhance the workplace environment. — Courtesy: NK Architects By Ben P. Lee Understanding market trends is a key of successful real estate…

Contributors
No such thing as ‘business as usual’ for the CRE industry

How developers and local leaders can respond to changes in business, demographics By Michael G. McGuinness Economic, industry and demographic trends are changing the way business is done in New Jersey — and impacting the strategies of investors, developers and…