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.

Mixed-use light: Target the mix of uses to your market

When exploring options for mixed-use development, it is important to understand the micro market in which you are planning to build. Whether urban or suburban, a close look at existing conditions and other development projects on the boards will identify small niche opportunities for right-sized retail, cultural and restaurant uses.

Developer aims to create new Jersey Shore destination at Fort Monmouth

A developer’s plan to create a new mixed-use gateway at the landmark Fort Monmouth property is taking shape, with the potential to break ground as soon as early next year.

Co-working expands at 2 Gateway with new tech-focused space

The owner of 2 Gateway Center in Newark has partnered with one of its tenants to open a new co-working space dedicated to digital creative and other tech-minded startups.

Hobby Lobby taking over former Sports Authority space on Route 22

Arts and crafts chain Hobby Lobby has backfilled a former Sports Authority store in Union County with a nearly 43,000-square-foot lease on Route 22, according to Jeffery Realty.

Landmark deli set to open Meadowlands fulfillment hub for e-commerce

A famous New York City delicatessen has leased nearly 30,000 square feet of industrial space in Carlstadt, which it will use in part to support its new online delivery business.

Developer opens new affordable, age-restricted community in Monmouth County

Community Investment Strategies Inc. has taken the wraps off its latest project, a 93-unit, affordably priced rental building geared toward senior citizens in Monmouth County.

Weehawken apartment buildings trade for $6.3 million, Gebroe-Hammer says

A local investor has acquired two apartment buildings with a combined 38 units in Weehawken, following a transaction arranged by Gebroe-Hammer Associates.

CBRE touts $9 million sale of former YJCC building

A church organization has acquired a former Bergen County YJCC building in Washington Township, in a $9 million sale announced by CBRE Group Inc.

Ripco tapped as leasing agent for planned shopping center in Holmdel

The developers of a planned 30-acre shopping center in Monmouth County have hired Ripco Real Estate to oversee leasing for the project.

Turner, PwC execs join local United Way board

An executive with Turner Construction is one of two new board of trustees with The United Way of Northern New Jersey.