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.

Finance & Capital Markets
Avison Young brokers $34M loan for Lehigh Valley project

Brokers in Avison Young’s New Jersey office have arranged more than $34 million in financing for a mixed-use development in Pennsylvania’s Lehigh Valley, the firm announced.

Retail
Highway retail site near Monmouth Mall changes hands, Goldstein says

The Goldstein Group has brokered the sale of an 11,200-square-foot Monmouth County retail site and will serve as leasing agent for the property’s new owner, the firm announced Monday.

Finance & Capital Markets
Global appeal: Foreign investors see new opportunity in New Jersey

As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.

Residential & Mixed Use
How a Chinese construction giant is planting a flag in New Jersey

For a company that had been in the U.S. for nearly three decades, it was only about four years ago that the conglomerate known as China State Construction Engineering Corp. suddenly caught the attention of New Jersey’s commercial real estate market.

Finance & Capital Markets
Panasonic tower put Newark ‘on the radar of international investors’

Far Eastern investors have accounted for most of the high-profile deals over the last year or so, but it was a Middle Eastern platform, KFH Capital Investment Co., that made the biggest splash in the fourth quarter of 2016.

Health Care & Education
From the ground up: Leaders of Rutgers CRE program eager to build on early progress

Leaders of the Rutgers Center for Real Estate aim to make it the top academic and research program of its kind, one that helps improve the industry and provides a link between the state’s top real estate firms and the next generation of professionals.

Professional Services
Snow business: When winter strikes, many top N.J. property owners call on this firm

Lawns by Yorkshire is one of the largest businesses in the state when it comes to snow removal, with a book of business that includes more than 250 acres of parking lots across commercial and residential properties.

Office
Saxum grows portfolio with two downtown acquisitions

A development and investment firm has made new acquisitions in Middlesex and Morris counties, its latest under a recently launched fund for repositioning downtown commercial sites.

Retail
Restaurant moves to Woodbridge retail center

A family-owned Pakistani restaurant has leased 6,800 square feet in Woodbridge after outgrowing its space in a neighboring town, Levin Management Corp. said Friday.

Retail
Dave & Buster’s coming to Woodbridge, mayor says

Woodbridge Mayor John McCormac announced that Dave & Buster’s will open a location this November at the Woodbridge Center mall. Construction is set to begin this month on the 34,000-square-foot store, which will occupy an upper level formerly used by Sears, now that retailers in the space have been relocated within the mall.