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.

Government & Public Policy

Special liquor permit bill would aid development in downtown Hackensack, advocates say

Amid the sweeping push to reform the state’s outdated liquor license laws, stakeholders in Hackensack are seeking a more targeted solution for their city. Business leaders and local officials have thrown their support behind a bill that would allow builders in transit-oriented, downtown redevelopment zones to apply for yearly liquor permits based on the new residents that their projects would bring to the area.

JLL inks new office, warehouse deals at Prologis building

Real estate services firm JLL has completed a series of leases at a Prologis Inc. building in Secaucus, accounting for nearly 42,000 square feet of activity at the 143,057-square-foot property.

Sitex acquires warehouses in Bergen, Essex counties

Sitex Group, an industrial real estate investor, has added to its portfolio in northern New Jersey with the acquisition of warehouses in Englewood and West Caldwell.

Falafel chain coming to mixed-use Hudson Lights project in Fort Lee

A regional falafel chain has joined the tenant mix at Hudson Lights, the 1 million-square-foot residential, retail and entertainment complex near the George Washington Bridge in Fort Lee.

Hartz, Whole Foods break ground on first ‘365’ store in New Jersey

A crowd gathered on Tuesday to hail one of the most-anticipated additions to the Hudson waterfront, a planned Whole Foods 365 store that will be the first of its kind in New Jersey.

Developer begins second building at massive Kearny Point project

Developer Hugo Neu has kicked off the next piece of its plan to redevelop a former shipbuilding yard in Kearny, starting on the redevelopment of a 200,000-square-foot light industrial building.

Professional Services

Langan continues expansion, opens 23rd U.S. office

Langan Engineering & Environmental Services has added to its growing footprint outside New Jersey with the opening of an office in West Virginia, the Parsippany-based firm announced.

Sanzari inks lease with insurance solutions firm in Teaneck

An insurance solutions provider has joined the roster of tenants at the mixed-use Glenpointe complex in Teaneck, leasing 3,400 square feet of office space at the property.

Residential & Mixed Use

Bergen County rental building sells for $1.15 million, Marcus & Millichap says

An investor has purchased an eight-unit apartment property in Garfield as part of a $1.15 million transaction arranged by Marcus & Millichap.

Connell Foley moves into new 75,000 sq. ft. HQ in Roseland (PHOTOS)

Connell Foley LLP has opened its new headquarters in Roseland, making a much-anticipated move to a state-of-the-art, 75,000-square-foot space in a newly repositioned office building.