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.

Retail
Chipotle commits to Hillsborough retail center, Jeffery Realty says

Chipotle has leased more than 2,200 square feet at a shopping center in Hillsborough, in a deal arranged by Jeffery Realty.

Office
Berger touts full occupancy at three Newark office buildings

Upgrades to Newark’s Military Park and a growing demand for downtown office space have helped push three city office buildings to full occupancy, according to the owner of the properties.

Residential & Mixed Use
Solomon buys out-of-state rental property

The Solomon Organization has added to its apartment portfolio outside New Jersey, acquiring a 156-unit rental property in North Carolina.

Retail
LMC: Chiropractor leases 1,600 sq. ft. in West Orange

A chiropractor has joined the tenant roster at a West Orange shopping center, following a 1,600-square-foot lease arranged by Levin Management Corp.

Trend Watch
Trend Watch Oct. 2nd: Big-box leasing activity accelerates in New Jersey

Over the last three months, New Jersey’s industrial market recorded nearly 10.0 million square feet of leasing activity, with big-box markets like Southern New Jersey and Exit 8A seeing a flurry of activity.

Residential & Mixed Use
Capodagli, local officials break ground on new Roselle Park rental community

A developer is set to transform a tired stretch of Route 28 in Roselle Park, with plans to build more than 200 new apartments and street-level retail space over the next two years.

Retail
Long-awaited land sale clears the way for supermarket, apartments

A developer has acquired a long-contested parcel in New Milford, following years of approvals and litigation that will now give way to a new supermarket and apartments in the borough.

Residential & Mixed Use
Gold Coast condo building hits 75 percent in preconstruction sales

A developer has sold more than three-quarters of a new 107-unit condominium building in Jersey City, touting the milestone as it prepares to welcome its first residents.

Industrial
Importer displaced by massive fire inks short-term lease in Woodbridge

An importer has leased more than 132,000 square feet of industrial space in Woodbridge, where it will remain for about a year until the completion of a new warehouse in North Brunswick.

Industrial
NAI DiLeo-Bram brokers 67,000 sq. ft. industrial lease in Branchburg

A maker of decorative hardware for kitchens and bathrooms has leased a 67,000-square-foot industrial building in Branchburg, according to brokers with NAI DiLeo-Bram & Co.